Notes
Chapter 1
1. Groucho’s story comes from his son’s account: Arthur Marx, Life with Groucho: A Son’s-Eye View (New York: Simon & Schuster, 1954), 122–123. Arthur’s version was written over 20 years after the fact, and the incident occurred when Arthur himself was only 8 years old. How much of it is to be believed? Arthur admits that he has taken some liberties for the sake of telling a tale. It is likely that the RCA dividend story occurred in March 1929 rather than in October on the eve of the stock market Crash. The high price of RCA corresponds to the price in March 1929 when the shares traded at the $500 level. That same month, they split ...
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