Shane Parrish
speaker
20,679 appearances
49 recordings
3 series
first heard May 2025
last heard 15 Sep
Shane Parrish’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 30 in all, peaking in Jan 2026 with 4.
Appearances
It would take almost five years.
And on May 15, 1911, the end finally arrived.
In a sleepy Supreme Court chamber, Chief Justice Edward White read the opinion aloud in a voice so low that other justices leaned over and asked him to speak up.
The verdict inside the mumble?
Standard Oil was deemed an unlawful monopoly.
They gave it six months to break itself into 34 separate companies, forbidden ever to recombine.
Rockefeller was on the golf course that afternoon playing with a Catholic priest from the nearby village when the word arrived.
He took the news in, then turned to his partner, Father Lennon, have you some money?
The priest said no and then asked him why.
He responded with three words, buy Standard Oil.
To his old partners, he sent a wry note.
Dearly beloved, we must obey the Supreme Court.
Our splendid, happy family must scatter.
The opinion itself, the one that broke up his life's work, he refused to read.
Wall Street soon saw what the government had missed.
J.P.
Morgan asked the obvious question.
How the hell is any court going to compel a man to compete with himself?
When the 34 orphan companies began trading that December on the stock exchange, investors soon discovered that each one was stuffed with hidden assets.
The shares soon went vertical, propelled by each company being free to do what was in their best interests and the arrival of the automobile.
Showing 2181–2200 of 20,679 · page 110 of 1034
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