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  1. Capital & Crisis June 2003: Don’t Let Your Stocks Outlive You… June 1, 2003

    Back in the 19th century, rich people used to will their stock to their heirs with instructions to hold on. Whole institutions were funded and maintained on holdings of one or two railroad stocks. They lasted and paid off forever. Wouldn’t that be nice? Here in Baltimore, Johns Hopkins and George Peabody funded and endowed the [...]

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