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.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 30 in all, peaking in Jan 2026 with 4.
Appearances
Just a year earlier, in 1910, gasoline, once near a worthless byproduct routinely dumped into rivers, had outsold kerosene for the very first time.
Now every Ford Model T rolling off the assembly line was burning it, turning the 34 spun-off companies into a network of instant gold mines.
Rockefeller owned roughly a quarter of every new company, worth about $300 million the day the court ruled.
His fortune skyrocketed to nearly $900 million just two years later.
It's worth noting the entire federal budget of the United States at the time was just $715 million.
Roosevelt fumed from his retirement.
No wonder that Wall Street's prayers now owe merciful providence give us another dissolution.
The pieces took up names Americans would spend the next century buying gas from, ExxonMobil, Chevron.
And the man who had preached for 40 years that corporate monopolies had come to stay made more money from the dismemberment of his company than he ever made running it.
The government had finally won, but Rockefeller had not lost.
Strangely enough, the five-plus years the government spent trying to take Standard Oil apart were the same years John D. Rockefeller really started trying to give it all away.
By the time he was sick in 1891, the checks alone had grown past a million dollars a year.
and the appeals were starting to bury him, which is why he had hired Gates, the Baptist minister, in the first place.
For the first few years, Gates was just a filter.
He read the begging letter so Rockefeller didn't have to.
But then Gates began to do what Rockefeller had always done with new businesses—
He studied it.
He went looking for the structure underneath.
And in the summer of 1897, Gates sat down and read a dry medical textbook, Osler's Principles and Practice of Medicine.
He read it cover to cover and came away unsettled.
Showing 2201–2220 of 20,679 · page 111 of 1034
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