Parisian Family Office CEO. Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., Registered Investment Advisor. White Earth Chippewa, educated conservative, raised on Indian reservations across Great Plains. Began Wall Street career in 1982. Always been, will always be, an optimist. Pureblood, clot-shot free. In a world on a dopamine binge, this is his take on life. Written at the Ghost Ranch in MT, Pamelot, their TN farm or winter home in San Jose del Cabo, Mexico.

Tuesday, May 29, 2018

On getting rich in New York

When I worked in New York in 1982 I thought owning a NYC taxi medallion was the way to riches.  A seat on the NYSE was sheer wealth and outside of being a partner at Goldman Sachs or a salesman for Michael Milken it was clear sailing.

Eventually all boats get beat up in a storm.   This looks to be the storm of all storm for NYC taxi drivers.

  https://www.zerohedge.com/news/2018-05-29/5-nyc-taxi-suicides-5-months

New York City in 1982

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