FYI: I’LL NEVER FORGET my first interaction with Wall Street. I was in my early 20s and just getting started in my career, when I was introduced to a stockbroker—let’s call him Eddie. He was a pleasant fellow with a good reputation and all the trappings of success, including a DeLorean in the driveway. He seemed like a safe choice.
My interactions with Eddie were straightforward. He would call from time to time with stock ideas. Since I worked in a different field at the time, I trusted his judgment and generally went along with his recommendations. And things appeared to work out very nicely. Because it was the late 1990s, everything he recommended rose in value—quickly. He seemed like a genius.
Regards,
Ted
https://humbledollar.com/2019/05/danger-ahead/