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" "I presumably lost $150,000 in the depression of 1937 — on my one stock investment — because I did everything Lehman Brothers told me. I said, well, this is a fool’s procedure . . . buying stock in other people’s businesses.
Louis "Studs" Terkel (May 16, 1912 – October 31, 2008) was an American author, historian and broadcaster.
Biography information from Wikiquote
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There was none of this hatred you see now when strange people come to town, or strangers come to a neighborhood. They resent it, I don’t know why. That’s one of the things about the Depression. There was more camaraderie than there is now. Even more comradeship than the Commies could even dream about. That was one of the feelings that America lost. People had different ideas, they disagreed with one another. But there was a fine feeling among them. You were in trouble . . . damn it, if they could help ya, they would help ya.
I feel guilty because I think people should do something they really like to do in life. I should do something else, but there is nothing I can do really well. I’m established and make a steady living, so it becomes pretty easy. It’s not very fulfilling . . . but I’m lazy, I admit it. It’s an easier thing to do.
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