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Tuesday, September 13, 2005

An Unknown Giant Dies. We All Can Learn

He was not a media product. He did not sing songs and then do something lewd in public. He was not a noted activist using victims as a means to fame and fortune. He assisted people, regular people with some assets, in the pursuit of financial security for almost 70 years. That is why I am writing this.

97-year old securities broker at Bear Stearns, John Slade, died recently. He worked until the day he died. He was an amazing success. Jewish, he left Germany in 1936 and began a career as a runner and worked his way up to partner and eventually executive vice president and director of Bear Stearns in 1985.

Meanwhile, having left Germany an athlete who was denied play-time because of his religion, the impetus for his leaving Germany, he represented the US in the Olympics in 1948, when he played on the U.S. field hockey team. He also took a break from work to serve in the Army during WWII.

Healthy, wealthy and full of vigor and brains Slade called himself "the luckiest man in the world" and said he never planned to stop working.

What do we get from this life? Perseverance pays off. Brains and instinct to decide to leave Germany when he needed to. Choosing America to live where such talents can pay off with an amazing life. Immigrants do it all the time. Witness the success of Asian immigrants today.

Thanks to Bill Suda for this article.

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