WALL STREET: The Prudent Man

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The fever that swept over Benny Hall Jr. brought some strange, upsetting symptoms. A $110-a-week printer in Detroit, Benny had lived contentedly for years in a $7,000 frame house, saved a nest egg of $5,000 with the help of his thrifty wife. One day in 1950 Benny Hall grew restless, excited, preoccupied. For a week or so afterward, at breakfast he riffled distractedly through the back pages of his morning newspaper. Finally he confessed to his wife:"I'm interested in the stock market."

Benny sought out a broker, told him of his yen...

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