• Thought of the Day

    Thought of the Day

    2000: Concentrate all your thought and energy upon the performance of your duties. Put all your eggs into one basket and then watch that basket, do not scatter your shot…. The great successes of life are made by concentration.

    Andrew Carnegie, The Pittsburg Bulletin, December 19, 1903,

Today in Financial History

1999: Day-trader Mark O. Barton, panicked over severe losses, marches into the offices of All-Tech Investment Group and Momentum Securities in Atlanta. Barton says, "I hope I'm not upsetting your trading day," then opens fire with two handguns, killing nine people before committing suicide.

John Helyar, "The Battle for Joe Dessert's Soul," Money, April, 2000, pp. 124-134

1869: The New York Stock Exchange is formed from the merger of the New York Stock & Exchange Board with the Open Board and the Government Board (where Treasury bonds are traded).

James K. Medbery, Men and Mysteries of Wall Street (Fields, Osgood & Co., Boston, 1870, reprinted Fraser Publishing Co., Wells, VT, 1968), p. 15.