Matt Ankrum
👤 SpeakerAppearances Over Time
Podcast Appearances
And a couple of years ago, he tells me this story.
Goddamned a story about a guy named Robert Kirby.
And Robert Kirby was at the Capital Group in Los Angeles.
And, you know, very distinguished Harvard-Stanford grad who worked for Ronald Reagan.
He was on the Brady Commission after the 86 stock market crash.
Very conservative.
Anyway, Kirby approaches one day an LA heiress.
Says, can I manage your money for you?
And she says, sure, I like you.
I like what you're about.
But I don't really know a lot about this.
Can you deal with my husband on day-to-day matters?
So Kirby says, sure.
And over the years, Kirby would call the husband and say, buy this stock for your wife.
And so the husband would dutifully buy the stock for his wife.
But without telling anybody, he bought the same stock for himself.
And he would put the stock certificate in a coffee can.