By Frederick Ampel
“Long before the 1987 movie “Wall Street” and the now-legendary quote from the fictional Gordon Gecko “Greed is good” became part of the American business worlds’ verbal infrastructure, success, wealth and growth in business were built on the startlingly simple notion that to create, run and succeed in a business, you actually had to know something about that business. The great tycoons of the turn of the century — Carnegie, Rockefeller, JP Morgan, etc. — all knew a good deal about oil, railroads and real estate, respectively.”…
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