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Richard Dennis
Richard J. Dennis, a commodities speculator once known as the "Prince of the Pit," was born in Chicago, in January, 1949. In the early 1970s, he borrowed $1,600 and reportedly made $350 million in about six years. When a futures trading fund under his management incurred significant losses in the stock market crash of 1987 he retired from trading for several years. He has been active in Democratic and Libertarian political causes, most notably in campaigns against drug prohibition. Career Dennis became an order runner on the trading floor of the Chicago Mercantile Exchange at age 17. A few years later, he began trading for his own account at the MidAmerica Commodity Exchange, an entry-level floor where "mini" contracts were traded. To circumvent a rule requiring traders to be at least twenty-one years of age, he worked as his own runner, and hired his father, who traded in his stead in the pit. Dennis earned a bachelor's degree in philosophy from DePaul University, then acce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ticket Resale
Ticket resale (also known as ticket scalping or ticket touting) is the act of reselling tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets. Tickets sold through secondary sources may be sold for less or more than their face value depending on demand, which tends to vary as the event date approaches. When the supply of tickets for a given event available through authorized ticket sellers is depleted, the event is considered "sold out", generally increasing the market value for any tickets on offer through secondary sellers. Ticket resale is common in both sporting and musical events. Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term ''scalper'' was applied to railroad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Money Managers
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1949 Births
Events January * January 1 – A United Nations-sponsored ceasefire brings an end to the Indo-Pakistani War of 1947. The war results in a stalemate and the division of Kashmir, which still continues as of 2022. * January 2 – Luis Muñoz Marín becomes the first democratically elected Governor of Puerto Rico. * January 11 – The first "networked" television broadcasts take place, as KDKA-TV in Pittsburgh, Pennsylvania goes on the air, connecting east coast and mid-west programming in the United States. * January 16 – Şemsettin Günaltay forms the new government of Turkey. It is the 18th government, last One-party state, single party government of the Republican People's Party. * January 17 – The first Volkswagen Beetle, VW Type 1 to arrive in the United States, a 1948 model, is brought to New York City, New York by Dutch businessman Ben Pon Sr., Ben Pon. Unable to interest dealers or importers in the Volkswagen, Pon sells the sample car to pay his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Technical Analysis Of Stocks & Commodities
''Technical Analysis of Stocks & Commodities'' is an American, Seattle-based monthly magazine about commodity futures contracts, stocks, options, derivatives, and forex. History and profile ''Technical Analysis of Stocks & Commodities'' was founded in 1982 by Boeing mechanical engineer Jack Hutson who wanted people to learn about technical analysis. Hutson had a brief foray in the stock market in the late 1960s and bought two additional houses in the 1970s before returning to securities in 1980. Using his engineering and analytic background, he for hours delved into trading concepts by reading books in library. He purchased a personal computer system for $7,500 to allow him to automatically generate a chart that would take hours if created manually. When the software for a specific technical concept did not work, Hutson asked Boeing colleague and math doctorate Anthony Warren to collaborate with him to fix the program. After they corrected the software, a technicians congregation ga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reason Foundation
The Reason Foundation is an American libertarian think tank that was founded in 1978. The foundation publishes the magazine ''Reason''. Based in Los Angeles, California, it is a nonprofit, tax-exempt organization. According to its web site, the foundation is committed to advancing "the values of individual freedom and choice, limited government, and market-friendly policies." In the ''2014 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), the foundation was number 41 (of 60) in the "Top Think Tanks in the United States".. Reason Foundation's policy research areas include: air traffic control, American domestic monetary policy, school choice, eminent domain, government reform, housing, land use, immigration, privatization, public–private partnerships, urban traffic and congestion, transportation, industrial hemp, medical marijuana, police raids and militarization, free trade, globalization, and telecommunications. Affili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Industries is the second largest privately held company by revenue in the United States. Cato was established to have a focus on public advocacy, media exposure and societal influence. According to the ''2020 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), Cato is number 27 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States". The Cato Institute is libertarian in its political philosophy, and advocates a limited role for government in domestic and foreign affairs as well as a strong protection of civil liberties. This includes support for lowering or abolishing most taxes, opposition to the Federal Reserve system and the Affordable Care Act, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drug Policy Alliance
The Drug Policy Alliance (DPA) is a New York City–based nonprofit organization that seeks to advance policies that “reduce the harms of both drug use and drug prohibition, and to promote the sovereignty of individuals over their minds and bodies” The organization prioritizes reducing the role of criminalization in drug policy, advocating for the legal regulation of marijuana, and promoting health-centered drug policies. DPA has been led by executive director Kassandra Frederique since September 2020. Overview The Drug Policy Alliance was formed when the Drug Policy Foundation and the Lindesmith Center merged in July 2000. Lindesmith Center founder Ethan Nadelmann served as its first Executive Director. Broadcast journalist Walter Cronkite spoke out against the War on Drugs in support of the Drug Policy Alliance. He appeared in advertisements on behalf of the organization and wrote a fundraising letter, which was also published in ''The Huffington Post''. In the letter, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Op-ed
An op-ed, short for "opposite the editorial page", is a written prose piece, typically published by a North-American newspaper or magazine, which expresses the opinion of an author usually not affiliated with the publication's editorial board. Op-eds are different from both editorials (opinion pieces submitted by editorial board members) and letters to the editor (opinion pieces submitted by readers). In 2021, ''The New York Times''—the paper credited with developing and naming the modern op-ed page—announced that it was retiring the label, and would instead call submitted opinion pieces "Guest Essays." The move was a result of the transition to online publishing, where there is no concept of physically opposing (adjacent) pages. Origin The direct ancestor of the modern op-ed page was created in 1921 by Herbert Bayard Swope of ''The New York Evening World''. When Swope took over as main editor in 1920, he realized that the page opposite the editorials was "a catchall for b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Monday (1987)
Black Monday is the name commonly given to the global, sudden, severe, and largely unexpected stock market crash on Monday, October 19, 1987. In Australia and New Zealand, the day is also referred to as ''Black Tuesday'' because of the time zone difference from other English-speaking countries. All of the twenty-three major world markets experienced a sharp decline in October 1987. When measured in United States dollars, eight markets declined by 20 to 29%, three by 30 to 39% (Malaysia, Mexico and New Zealand), and three by more than 40% (Hong Kong, Australia and Singapore). The least affected was Austria (a fall of 11.4%) while the most affected was Hong Kong with a drop of 45.8%. Out of twenty-three major industrial countries, nineteen had a decline greater than 20%. Worldwide losses were estimated at US$1.71 trillion. The severity of the crash sparked fears of extended economic instability or even a reprise of the Great Depression. The degree to which the stock market crashe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
