James Altucher writes..
At Barnes & Noble at Union Square a cop approached me, “Sir?” right after I walked in. When a cop approaches you so many things go through your mind. The guy clearly had a gun. Somehow I was in trouble.
I touched a book. Maybe he thought I would steal it. It brought back memories of being nine years old, the store manager at the Kay-Bee Toy & Hobby Shop asking me to go into the back-office so they could “arrest” me for hiding six packs of football cards in my winter-coat.
I was guilty then so I must be guilty now.
“Sir?” He was clearly NYPD and not bookstore security. It said, “Police Department” on a blue patch on his shirt.
“Are you James..I don’t remember your last name. You write about stocks?”
I actually felt relief. You can discount psychology all you want, but something deep from my childhood had me scared for a second. So I smiled. Now I was the man. I WAS THE COP.
“yeah. yeah I am.”
I used to daytrade, he told me. Then I lost 10,000 dollars when some guy told me about a stock.
Uh-oh. Now I was scared again. A man with a gun just came up to me, identified me by name, and told me about a guy (possibly me) who told him about a stock and then his entire daytrading career was ruined. I knew for sure the odds were zero he was going to shoot me in that bookstore. But still.
What was the stock?
I forget, he said, some oil stock. I’ll try to remember. I like your stuff. But man, the most I ever made on a day was 5,000. Then that one day, losing 10,000. It was too much for me. I should never have listened to that guy.
Stop it, I should’ve said.
You did listen to him. You bought that stock.
Its your fault.
She did cheat on you. He did lie to your face. She did never call you back. They never were going to refinance your house.
Its your fault.
You listened to those guys on that investment opportunity. You put your money in. You went to all the meetings. You did all the due diligence. You did the background checks. They stole the money. Now you are suing them and they are declaring bankruptcy to avoid paying you. Your ex-husband stopped paying child support. Your parents didn’t love you. That girl you loved so much you would’ve killed for her had an abortion and then dumped you.
Anyone who reads this blog knows I’ve lost a lot of money at different points. I was encouraged to [continue]…