YouSaid · the spoken record

Jim Grant

lines on the record: 110
first: 2022-08-21
most recent: 2022-08-21
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Early experience taught you very formative thing. I got a job on Wall Street and I got to the Navy in early February and I got a job soon thereafter at a firm called McDonnell Company on Wall Street. And I earned, instead of $75 a month, I earned $75 a week. It's fabulous. However, I was by far the oldest employee in this room of what we call institutional sales where people were stock operators for banks and insurance companies. They all ordered $100,000 a year. Which was not such a small sum today, but quite magnificent one in 1967. So I could almost smell the bunny. I decided I liked it And I liked the markets. So by that time, I had resolved from return to college. I went to Indiana, which was a mecca of kind of a”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“You obviously respect it. I think both. That's certainly, so I got out after two years. And I worked a little between that discharge and my return to college. But when I did return to college, The privilege of studying, the unimagined gift of study and solitude, even though an aircraft carrier, you can never be alone, really. So the privileges and the gifts of return to college, I think it allowed me to have the kind of college experience that middle-aged people could have if they could do it over again. I returned a couple of years older than my classmates at Indiana University. And I could see that they didn't cherish what they were doing the same way I did.”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“One time he really, as they say, missed movement, which used to be a capital offense in wartime, but no longer. So what happened? So he was flown aboard the ship, which is kind of a cool thing. He landed in a plane aboard the carrier and got a kind of not a hero's welcome by everyone, kind of a villain's welcome from the authorities that was given what was called captain's masked, which is a form of judicial inquiry and sentenced to like two or three weeks or a month in the break. He was the best and toughest prisoner of the Marines ever had. So he was our John McCain.”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“Storybook character who's, you know, he was forever getting into trouble, but in the way you want a fighting man to get into trouble. He was absent without me. He was overstaying liberty in the Philippines and got and came aboard late and was definitely hung over and watched with the saddest countenance as the ship pulled away from the pier and he washed his unclaimed laundry. Proceed into the distance. Anyway, so they went to Vietnam and I did not.”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“But to get shot at. You had enough. I wanted to go to college, but Gunnar's mate's von Essen and Wicks and Simpson, three wonderful characters, re-enlisted for four years for the privilege mine, the privilege of serving on Swift boats and indeed getting shot at and shooting. And full of admiration for them. Yeah. So I lost touch with open years as one does. I attempted to get back in touch with him on the occasion of an exhibit that the New York Historical Society was putting on about the Vietnam War. And wouldn't you know it, I couldn't come up with Wix's forwarding interest, but two of the three friends I had had had just died prior to this thing. He's kind of sad. One of them... One of them, Dale E. Simpson, Gunnar's mate third class, was in fact.”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“We saw Vietnamese fishing boats, which had the biggest radios, nice people, but big radios. So it was definitely a war, but as I said, we were, I guess I was to the Vietnam War as the residents of Scarsdale were to the New York City urban crisis. but not in it”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“An anti submarine carrier specialized in helicopters and in fixed-wing aircraft that would pursue and sink Soviet subs. So the enemy was not actually the Soviet Union, although at one remove it certainly was, but the Vietnamese Navy happily for us was undeveloped. So we mostly steamed off the coast. The air crews were certainly in great danger. We were not. So refuel our destroyer escorts, we would hand off ammunition to them. They would go and bombard the coast. It was mostly quite routine, as I say. I never got shot at, nor did we fire a shot. Once we encountered a Soviet freighter off the coast of Haifong, we gave him the middle. So that was a kind of an offensive gesture.”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“For us, I wanted some of that life as well, and it did indeed live it for a time. So I went to college for one whole semester before I chose to go on active duty. This was in 1965 and served for a couple of years. And Gunnar's made a board in the USS Hornet, which was an aircraft carrier.”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“That's one of our biggest I attempted the Strauss second concerto, not the first mind, you, but the second, and rather butchered it. So I was actually quite good. I was not quite good enough, I think, to have been a really top flight professional. And it was either for that reason or others that, well, I joined the Navy when I was day after I was 17. It was the Naval Reserve. I was still in high school. This committed me to two years active duty and 40 years reserve. So I wanted something, evidently, at the age of 17 that had nothing to do with the horn, or even with women. And that's something was, I guess, adventure and patriotism. I admired my father as World War II, so he was a naval officer and served aboard attack transfer.”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT
“Yes, my father was a Juilliard trained Tiffanist, the kettle drums in the Pittsburgh Symphony. My mother played this and then World War II came along and he came back from it. And he and my mother presented the world to my brother and me. And my father at length turned to my business to make a living. And I, for my part, became enchanted with the horn. Dennis Frane was the great reigning virtuosa. He was a Brit. And I resolved to become Dennis Spring. And also the first baseman from Brooklyn Dodgers, a dairy farmer. and a naval officer and succeeded at actually none of those things the highest rating I attained in the Navy was Gunners Mate third class but I devoted many hours a day to practice two or three and was quite serious and for the French horn players listening William I attempted”
2022-08-21 · We Study Billionaires · RWH012: Fear the Fed w/ Jim Grant · IDENTIFIED FROM THE TRANSCRIPT