I have purchased land upon which I could not build, apartments that could not be rented without thousands of dollars of work, and vintage motorcycles that could not pass even the undemanding
Most recently, I closed out an account with a broker who, I came to realize, never had my best interest at heart. When I decided to transfer my funds to another brokerage house, there was a glitch and for three weeks I had no money. That all worked itself out and I got a large number of airline miles by paying my mortgages with my credit card, but then the airline that issued the credit card went out of business. Such is life among the financially inept.
I am awed by the young entrepreneurs who are billionaires by the time they're thirty--awed and somewhat afraid. I do not know where the gene that allows some to take chances--and win--comes from. I'm pretty sure my parents didn't have it. Family lore tells of a maternal great-grandfather who bankrupted his upper bourgeoisie family by buying his mistress a candy store. The young woman--in her 20s, I was told--was a dancer with the Follies Bergeres and had about as much business acumen as I do. She ran the confectionery into the ground, then sold it and moved to the