Chapter
Business and Investments
39:38 - 45:57 (06:19)
In this episode, we hear about a woman's investment strategy, which involved thorough research of a company's assets, debts, and values before investing her money, and serves as an example of the importance of knowledge in business.
Clips
The narrator describes how she researched companies thoroughly before investing her money, focusing on factors such as cost, assets, and potential risks and rewards, and staying up-to-date on current events and industry news.
39:38 - 40:59 (01:21)
Summary
The narrator describes how she researched companies thoroughly before investing her money, focusing on factors such as cost, assets, and potential risks and rewards, and staying up-to-date on current events and industry news.
ChapterBusiness and Investments
Episode#103 The Richest Woman in America: Hetty Green in the Gilded Age
PodcastFounders
Learn about the life and legacy of the elusive yet incredibly wealthy Hetty Green, who made a quick $368,000 profit by negotiating with railroad executives in the 1800s.
40:59 - 43:56 (02:57)
Summary
Learn about the life and legacy of the elusive yet incredibly wealthy Hetty Green, who made a quick $368,000 profit by negotiating with railroad executives in the 1800s.
ChapterBusiness and Investments
Episode#103 The Richest Woman in America: Hetty Green in the Gilded Age
PodcastFounders
A mother wants her son to understand railroads at a fundamental level in order to make money from them and instills in him the belief that knowing your business thoroughly is key to problem-solving.
43:56 - 44:38 (00:42)
Summary
A mother wants her son to understand railroads at a fundamental level in order to make money from them and instills in him the belief that knowing your business thoroughly is key to problem-solving.
ChapterBusiness and Investments
Episode#103 The Richest Woman in America: Hetty Green in the Gilded Age
PodcastFounders
A man's mother wanted him to have a proper education in the railroad industry before he could manage his future along the tracks, so he learned the ways of the railroad as a section hand and foreman on the Connecticut River Railroad, and later worked as a superintendent and managing director of the Ohio and Mississippi Railroad.
44:38 - 45:57 (01:19)
Summary
A man's mother wanted him to have a proper education in the railroad industry before he could manage his future along the tracks, so he learned the ways of the railroad as a section hand and foreman on the Connecticut River Railroad, and later worked as a superintendent and managing director of the Ohio and Mississippi Railroad. His mother had a high disdain for self-indulgent socialites and respected people with authentic achievements.