A thousand+ reasons to listen to your #dad tell a #dadstory. An early Fathers Day story:
So one night in January, after dinner, as the football games rolled on...my now 82 year old father asked me how TKO stock was doing…I told him and he was not happy as it went down (he loves the WWE). The #bankers admire my dad who earned the nickname #WarrenBuffet as does his #investmentresearch (ie. reading the Wall St. Journal, Chemical News, and watching TV) and tends to do pretty good at stock #investing. On this particular night, he turns to me and says, “Did I ever tell you how I got into stock investing?” He sees the eye-roll, the sigh, the make it quick please..seeing my relative disinterest, turns to my mother, repeats the question and launches into the story. The essence of which was, he was working for Barrows Chemical and his boss (the CEO) sold the company to Forest Labs since there were 3 lines of chemicals they wanted. My grandfather, a consummate salesguy and entrepreneur, knew many “guys” in NYC and introduced my dad to a guy (aka. stockbroker) and he threw some money into Forest Labs. He was laughing. So I asked (half listening) - what happened to the stock? His answer: I dunno. He shrugged and said he just forgot about it.
Well. I was having some weird recurring #dream about a house sliding off a cliff and wanted to look it up in the Dream Dictionary 😂 . So I ended up researching Forest Lab which was acquired by Allergan. Did more #research. Found my father’s name and old address listed under #unclaimedfunds in the NY Treasury. My mother subsequently launched into a story of my babyhood and the apartment we all lived in NYC. 🙃 The unclaimed department needed proof of the old address…I found an old medical bill with vaccines listed that had my dad’s name and old address in my baby book (of all things). Ended up filing for the #claim and submitting all the info.
The check came in the mail today. He is having the kitchen redone.
Pays to listen to your dad tell those boring old #dadstories.
He really does rival Warren Buffet.
PS: He also did really well navigating the new ShopRite in town. 😆
Happy Father's Day, in advance.
#dadstories #investing #humor #listeningpays #unclaimedfunds
Investment Professional
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