#223 Unstoppable: Siggi Wilzig's Astonishing Journey from Auschwitz Survivor and Penniless Immigrant to Wall Street Legend
Founders29 Joulu 2021

#223 Unstoppable: Siggi Wilzig's Astonishing Journey from Auschwitz Survivor and Penniless Immigrant to Wall Street Legend

What I learned from reading Unstoppable: Siggi Wilzig's Astonishing Journey from Auschwitz Survivor and Penniless Immigrant to Wall Street Legend by Joshua M. Greene. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- Never give up. Only death is permanent. Everything else can be fixed.I couldn't take such talk about not coming out alive. I didn't want to hear it. Whenever my mind told me I was not going to survive, the Almighty told me to keep going. So I stayed away from the others.Because I could outwit the guards, I always felt superior to them. I hated them. I hated their brutality, their inhuman behavior. I felt stronger, more intelligent, and I had confidence in myself from childhood. So even though they had the guns and did all the killing, I felt superior. It was obviously a touch of arrogance, and some of it was justified and some not justified, but even in that totally hopeless condition I looked down on all of them.It was clear that Americans were alive in every sense, moving purposefully toward some vision of tomorrow. He liked that. He would do that, too: grasp opportunities and not allow the darkness of the past to rob him of a bright future.Even smart chickens shit on their own feathers!When Naomi found out her husband was purchasing shares of Wilshire on a regular basis, she chided him. "More stock? We can barely pay the bills and you're buying more stock?" Siggi made excuses, but he didn't stop buying. "I didn't see how this was going to change our life," Naomi said, remembering other stocks her husband had bought and other career moves he had made. "But that's how it turned out."You are looking at a man who had the foxlike instincts to survive history's darkest hour, a man who has no fear of adversity and who cannot be intimidated by overwhelming odds.Siggi had grown his bank from $180 million in assets to more than $4 billion.Siggi was the first person in history to sue the Federal Reserve.He's just happy to be alive. People thought he was nuts and laughed at him, but he didn't care.Less than a year after his death, his estate was worth hundreds of millions of dollars. “Not bad," as Siggi once said, "for a short, bowlegged Jew with flat feet who never graduated kindergarten and started with only $240 in his pocket." ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

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#380 Four Hundred Pages of Warren Buffett and Charlie Munger In Their Own Words

#380 Four Hundred Pages of Warren Buffett and Charlie Munger In Their Own Words

For over 30 years the Berkshire Hathaway Annual meetings were recorded. Munger and Buffett answered over 1700 questions from shareholders during that period. Alex Morris watched hundreds of hours of t...

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#379 Jerry Jones (Dallas Cowboys)

#379 Jerry Jones (Dallas Cowboys)

Jerry Jones rolled the dice until his knuckles bled. He started working at 7 years old. Jerry could sell, sell, sell. He sold fruit at his father’s grocery store in grade school and sold shoes out of ...

18 Helmi 202559min

#378 The Last Oil Baron: Leon Hess

#378 The Last Oil Baron: Leon Hess

Your father goes bankrupt. You work for 50 cents a day to try to help your family survive the Great Depression. At 19 you see an opportunity where others see nothing. You start “a little fuel delivery...

10 Helmi 202553min

#377 Expanding A Family Dynasty: Marcus Wallenberg Jr.

#377 Expanding A Family Dynasty: Marcus Wallenberg Jr.

Marcus Wallenberg Jr's impact on Swedish industry was so substantial that during the 1970s, Wallenberg family businesses employed about 40% of Sweden's industrial workforce and represented 40% of the ...

27 Tammi 20251h 3min

#376 Jensen Huang: Founder of Nvidia

#376 Jensen Huang: Founder of Nvidia

What I learned from reading The Nvidia Way: Jensen Huang and the Making of a Tech Giant by Tae Kim. ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financ...

13 Tammi 20251h 40min

#375 The Single Biggest Individual Financier In The World. The Richest Woman In America: Hetty Green

#375 The Single Biggest Individual Financier In The World. The Richest Woman In America: Hetty Green

Hetty Green bailed out New York City. Her decisions on what interest rates to charge moved markets and were reported in major newspapers. She was a one woman bank and the single biggest individual fin...

6 Tammi 202553min

The Most Inspiring Autobiography I've Read: Chung Ju-yung Founder of Hyundai

The Most Inspiring Autobiography I've Read: Chung Ju-yung Founder of Hyundai

Chung Ju-yung grew up so poor he had to eat tree bark to survive. He founded Hyundai and became the richest person in Korea. When Chung was in his 80s, he wrote an autobiography that tells the devasta...

27 Joulu 20241h 15min

#374 Rare Jeff Bezos Interview

#374 Rare Jeff Bezos Interview

Jeff Bezos on retirement being lame, AI, the electricity metaphor for AI, the good fortune of being alive during multiple golden ages, long term life long passions, refusing to underestimate opportuni...

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