Wednesday, January 25, 2023

The Craziest Story Herb Greenberg Ever Told Me

By Sam Latter

My colleague Herb Greenberg came from a modest background... The son of a furniture salesman and a social worker, he didn't grow up surrounded by wealth. "To be completely honest, I had zero knowledge of the stock market other than the Dow Chemical stock I inherited from my grandfather," Herb once admitted. In fact, he kind of fell into the world of finance by accident in one of the more serendipitous moments of his career... one that led him along a path where he has been fortunate enough to help both institutional and retail investors make – and avoid losing – large sums of money. The way Herb tells it, his father was a Depression-era 'casualty' forced to drop out of college to help his family... His family wasn't wealthy, and he wasn't raised around investing or stocks. But in the 1980s, Herb's dad took a liking to a hamburger chain called Fuddruckers. He had read something positive about the company, so he bought some stock. He didn't want to miss out on the next big thing. But


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