The First National Fiduciary Imperialist Trust Syndicate Cartel Pool Combine
March, 1967
The Average Person who owns a share of American business--Wall Street jargon for "Playing the market"--is either a bull or a bear. He buys and sells haphazardly for the short or long run, depending on the way the market looks. But the really smart investors are in a third group of ultraconservatives called chickens. We never make a move in the market unless we are covered for every contingency. I had the opportunity to explain this theory to a customers' man at Merrill Lynch, Pierce, F...
