Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Morgan Housel: Wild Expectations

FYI: Expectations were not high for Harry Truman when he became president in 1945.

Truman was a failed retailer, a failed farmer, a failed zinc miner, a failed oil driller, a senator held on a leash by local Missouri bosses, a vice president who never asked for the job and whom Franklin Roosevelt had met just once before accepting him on the ticket as other candidates fought in the Democratic party. A former manager said he had “very little ability and will never amount to much.” His mother in law used the same phrase.

Biographer David McCullough writes about the day FDR died and Harry Truman became President:
Regards,
Ted
https://www.collaborativefund.com/blog/wild-expectations/
Sign In or Register to comment.