Thursday, October 29, 2009

MONEY MANAGEMENT AND THE BULLIS FAMILY

We've referred to the Bullis family's New England frugality in several of our posts on this site. Nettie and Charlie Bullis both accumulated impressive estates through this frugality and by investing their money wisely. There is an anecdotal record that Charlie Bullis lost all his investments in the October, 1929 stock market crash. However, it's also noted that he got back into the market and recovered his losses.

To recoup his investments, perhaps Mr. Bullis consulted several investment books that are on the shelves here in the Bullis Room. These titles include:


1. How to Invest for Income and Profit During 1930-1931 by Edgar T. Brainerd (New York: Ticker Publishing Co., 1930). This volume has the signature "Charles R. Bullis, Jan. 2, 1931."

2. The New Technique of Uncovering Security Bargains by John Du Rand (New York: Ticker Publishing Co., 1928). The inside front cover bears the initial "C" in what appears to be Charlie Bullis's handwriting.

3. The Evaluation of Common Stocks by Arnold Bernhard (New York: Simon and Schuster, 1959)

4. Investments: Principles and Practices by Douglas Hamilton Bellemore (New York: B.C. Forbes and Sons Pub. Co., 1953)


Perhaps you might find some useful information in one of these books. We would be glad to get them off the shelf so you could browse through them, just as Nettie and Charlie may have once done. Hope to see you in the Bullis Room soon.





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