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Distinct Paths for Investors and Speculators on Home Industries
Donald Despain, former Nebraska Industrial Commissioner, urges Waterloo stockholders to invest in home industries and avoid reckless speculation. He underscores knowing a company’s history and management, supporting local industries, and following three rules: invest, know the industry, and support home industries to build community and earn dividends. He warns against tipping, mob driven buys, and distant industries.
MENTIONED IN THIS ARTICLE
Donald Despain
Associated Manufacturers
Nebraska
Associated
Waterloo
Despain
Federal Reserve System
America