Among them were Charles Schwab, head of the largest independent steel company; Samuel Insull, presi- dent of the world's largest utility; Howard Hopson, head of the largest gas company; Ivar Kreuger president of the In- ternational Match Co., one of the world's largest companies at that time; Leon Frazier, president of the Bank of Inter- national Settlements; Richard Whitney, president of the New York Stock Exchange; Arthur Cotton and Jesse Liver- more, two of the biggest stock speculators; and Albert Fall, a member of President Harding's cabinet. Twenty-five years later nine of them (those listed above) ended as fol- lows. Schwab died penniless after living for five years on borrowed money. Insull died broke living in a foreign land. Kreuger and Cotton also died broke. Hopson went insane. Whitney and Albert Fall were just released from prison. Fraser and Livermore committed suicide. I doubt if anyone can say what really happened to these men. If you look at the date, 1923, it was just before the 1929 market crash and the Great Depression, which I suspect had a great impact on these men and their lives. The point is this: Today we live in times of greater and faster change than these men did. I suspect there will be many booms and busts in the next 25 years that will parallel the ups and downs these men faced. I am concerned that too many people are focused too much on money and not their greatest wealth, which is their education. If people are prepared to be flexi- ble, keep an open mind and learn, they will grow richer and richer through the changes. If they think money will solve problems, I am afraid those people will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone. Most people fail to realize that in life, it's not how much money you make, it's how much money you keep. We have all heard stories of lottery winners who are poor, then sud- denly rich, then poor again. They win millions and are soon back to where they started. Or stories of professional ath- letes, who, at the age of 24, are earning millions of dollars a year, and are sleeping under a bridge by age 34. In the paper this morning, as I write this, there is a story of a young basketball player who a year ago had millions. Today, he claims his friends, attorney and accountant took his money, and now he works at a car wash for minimum wage. He is only 29. He was fired from the car wash because he refused to take off his championship ring as he was wiping off the cars, so his story made the newspaper. He is appealing his termination, claiming hardship and dis- crimination and that the ring is all he has left. He claims that if you take that away, he'll crumble. In 1997, I know so many people who are becoming in- stant millionaires. It's the Roaring '20s one more time.