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A BILLION TO ONE: THE STORY OF HERZOG, HEINE, GEDULD By John E. Herzog SIGNED
US $26.97
ApproximatelyS$ 35.27
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Located in: Bakersfield, California, United States
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Estimated between Fri, 28 Nov and Tue, 2 Dec to 94104
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About this item
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eBay item number:235994863946
Item specifics
- Condition
- Book Title
- A Billion To One: The Story of Herzog, Heine, Geduld, Inc.
- ISBN-10
- 0964263025
- Features
- Signed
- Item Weight
- 1.5 pounds
- ISBN
- 9780964263024
About this product
Product Identifiers
Publisher
Museum of American Finance
ISBN-10
0964263025
ISBN-13
9780964263024
eBay Product ID (ePID)
22038839005
Product Key Features
Educational Level
Adult & Further Education
Subject
General
Publication Year
2017
Publication Name
Billion to One : the Story of Herzog Heine Geduld Inc
Language
English
Type
Textbook
Subject Area
Business & Economics
Format
Trade Paperback
Additional Product Features
Intended Audience
Adult Education
TitleLeading
A
Synopsis
Legendary Nasdaq market-maker John E. Herzog shares the story of his business in this unabashed tribute to his partners, family, and friends.Inspired by his father, Herzog's route to building a securities trading behemoth starts modestly, when his grandfather, walking the teeming streets of Manhattan's Lower East Side, begins trading currencies. His father, Robert, joins these walks and learns how to earn a modest "spread" changing notes and handling remittances for newly-arrived emigres. The Herzogs' stock in trade is fair dealing, and as the decades roll by, we see that never changes.Robert apprentices at a bank where his aptitude for figures and entrepreneurial yearnings lead him to abandon a dependable $50 monthly wage for his first partnership. Rapid changes make him a sole proprietor very quickly, beginning a struggle just to stay in business. The family firm has survived more than prospered in 1959, when John accepts his father's invitation to join the four others that comprise the staff of Herzog & Co. Opportunity is elusive as he struggles to find business and develop a specialty. On a typical day, the firm makes only four or five trades!John's most significant deal is convincing two similarly principled brothers to put their doughnut business on hold while developing their trading careers at Herzog & Co. The very talented Irwin and Buzzy Geduld work with John to build a company with the ability and culture ideally suited to an expanding national trading opportunity. With a long list of company shareholders, the exquisitely timed sale of Herzog, Heine, Geduld to Merrill Lynch provides the ultimate reward.This intimate memoir would be more believable had it not happened on Wall Street. It's an unconventional story for that place: it's about integrity, not greed, where wrongs are quickly righted and fairness is never mistaken for generosity. For Herzog, the reward is sharing success with all who made it possible, and his story tells us how that happened.
Item description from the seller
Seller feedback (197)
- s***n (1520)- Feedback left by buyer.Past monthVerified purchaseFast shipping, securely packaged, item as described, highly recommended seller!
- e***n (831)- Feedback left by buyer.Past 6 monthsVerified purchaseEXCELLENT, CONSCIENTIOUS SELLER!!! NICE ITEM!! AS DESCRIBED!! NICE CONDITION!! GOOD VALUE!! FAST SHIPPING!! AUTOGRAPH LOOKS GREAT!! THANKS!!! A+A+A+A+
- t***r (427)- Feedback left by buyer.Past yearVerified purchaseQuality book, as described. Great communication and fast shipping. A+ seller.Inward Bound: Living Life from the Inside Out by Everett, Alexander SIGNED COPY (#236012912639)