hetty the genius and madness of america's first female tycoon

Her formula was simple common sense and hard work.

She was an innovator in the field of value investing, considered the smartest woman on Wall Street, a railroad magnate, a real estate mogul, a Gilded Era renegade, and a reliable source for city funds.

Her sole business was investing in real estate, stocks and bonds. She was considered the single biggest financier in the world.Ī big difference between her and others such as Carnegie and Rockefeller is that she wasn't an industrialist. Rockefeller, her holdings ranged from real estate in New York to dozens of buildings in downtown Chicago gold, copper, iron mines out west diamonds and pearls. The lone woman among 19 th century tycoons such as Andrew Carnegie, JP Morgan, John D. She adhered all of her life to buying low, selling high, and never panicking during a stock market scare. She owned mines and held mortgages on churches, factories, and office buildings. When everyone else was selling, Hetty Green bought and sold real estate, railroads, entire city blocks and government bonds. He taught her the meaning of stocks and bonds, bulls and bears, and market fluctuations. Edward brought her to the brokers and taught her how trade commodities. Robinson spent more time at the side of both her grandfather and father, where she learned how to read the ledgers. The Green family had made millions with their whaling fleet and shipping interests. Her mother, Abby Slocum Howland, was the daughter of wealthy whaling fleet owner Gideon Howland. He helped welcome then Congressman Abraham Lincoln to New Bedford when he spoke at Liberty Hall. Her father, Edward Robinson-nicknamed Black Hawk-was born in Philadelphia in 1800 to a Quaker family with a long history in Rhode Island. On November 21, 1834, Hetty Green was born Henrietta Robinson in New Bedford, Massachusetts.

The wall, which was intended to keep the British out failed and Wall Street grew into the world’s most important financial center. Wall Street took its name from a wall that was erected in the 1650s by Dutch settlers on the island of Manhattan.

Hetty the genius and madness of america's first female tycoon