Shoeshine Boy With A Stock Tip

In the winter of 1928, Joe Kennedy decided to stop to have his shoes shined before he started his day’s work at the office. When the boy finished, he offered Kennedy a stock tip: “Buy Hindenburg.” Kennedy soon sold off his stocks, thinking: “You know it’s time to sell when shoeshine boys give you stock tips. This bull market is over.” A timely move considering that the stock market would soon resemble the fate of the airship Hindenburg itself.