Everett Klipp (original) (raw)
Everett Klipp (1926–2011) was known as the "Babe Ruth" of the Chicago Board of Trade, (CBOT) and a mentor to Frank Peard, John Horner, Mark Spitznagel and countless other floor traders. After a hardscrabble childhood and adolescence on a dairy farm, he enlisted in the Navy and served in the Pacific Theater during World War II. Following the war, Klipp found work as a messenger for a member firm at the CBOT. He advanced rapidly and bought a seat on the CBOT in 1953, eventually founding , which became a major firm at the exchange. Especially to the traders he trained, Klipp emphasized the importance of knowing how to take a loss, and the necessity of abandoning a losing position before it became a disaster.
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| dbo:abstract | Everett Klipp (1926–2011) was known as the "Babe Ruth" of the Chicago Board of Trade, (CBOT) and a mentor to Frank Peard, John Horner, Mark Spitznagel and countless other floor traders. After a hardscrabble childhood and adolescence on a dairy farm, he enlisted in the Navy and served in the Pacific Theater during World War II. Following the war, Klipp found work as a messenger for a member firm at the CBOT. He advanced rapidly and bought a seat on the CBOT in 1953, eventually founding , which became a major firm at the exchange. Especially to the traders he trained, Klipp emphasized the importance of knowing how to take a loss, and the necessity of abandoning a losing position before it became a disaster. (en) |
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| rdfs:comment | Everett Klipp (1926–2011) was known as the "Babe Ruth" of the Chicago Board of Trade, (CBOT) and a mentor to Frank Peard, John Horner, Mark Spitznagel and countless other floor traders. After a hardscrabble childhood and adolescence on a dairy farm, he enlisted in the Navy and served in the Pacific Theater during World War II. Following the war, Klipp found work as a messenger for a member firm at the CBOT. He advanced rapidly and bought a seat on the CBOT in 1953, eventually founding , which became a major firm at the exchange. Especially to the traders he trained, Klipp emphasized the importance of knowing how to take a loss, and the necessity of abandoning a losing position before it became a disaster. (en) |
| rdfs:label | Everett Klipp (en) |
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