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английский) 2:
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Immediately after the completion of Harvard in 1912, Joseph found a job. For it was enough connections of his father, who had by then thoroughly strengthened in the political elite. Thanks to him, Joseph took a public position checking banks. His job was simple monitoring the financial condition of banks all over the state, but in fact such checks opened great opportunities: Joseph knew about the true size, difficulties and successes of individual banks. Naturally, this information is valuable not only was Joseph. And his opinion on the state of the banks has become quite expensive. It could be estimated in dollars.
Soon Joseph learned to transform this information into money. To do this he needed for the first time in the life of Exchange. One of the audited companies, Old Colony Realty Associates, things went bad, although the infrastructure was good. Through acquaintances, Joseph distributed the information that the company is close to bankruptcy. Soon the price of its shares on the stock exchange collapsed, and Joseph bought a controlling stake in only $ 1,000. To refocus its business on more profitable sectors, he managed to turn his initial investment of $ 75 thousand.
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