Thomas W. Lawson (businessman)

Thomas William Lawson ( born February 26, 1857 in Charlestown (Mass. ); † February 8, 1925 in Boston ) was an American stockbroker, millionaire and author.

Life

Thomas W. Lawson was the son of Thomas Lawson, a carpenter, and Anna Maria Lawson née Loring, both originally from Nova Scotia. He lost his father at the age of eight. At twelve, he left the parental home and dropped out of school to no longer be a burden on his mother. He found an office job with a Boston stockbroker near his later own office building. Only 17 years old he made his first gains and losses on the Boston Stock Exchange. At 21, he married his childhood sweetheart Jeannie Augusta Goodwillie and opened a little later his own brokerage office. At age 30, he had earned his first million dollars, with 43 ​​years, he had 50 million U.S. dollars. He built near Boston on a sizeable plot his home "Dream World". In 1901 he was the president of the Boston Bay State Gas Company for several years. In the same year he was trying to compete with a purpose-built yacht INDEPENDENCE (independence ) in the America's Cup against the Scottish Teemagnaten Sir Thomas Lipton, but the responsible New York Yacht Club locked his boat, which caused many years of tension between him and rich members of the club. 1902 THOMAS W. LAWSON ran, the world's largest schooner, baptized in his name, from the stack. Thomas W. Lawson was at the time one of the steepest careers in his industry and was regarded as lucky when it comes to finances. His emphasis was on the trading of energy sources and copper values. For years he was connected with the Standard Oil Co., who knew how to appreciate his skills broker.

In the last 15 years of his life left him increasingly the happiness of success. He died in 1925, by his standards, poor man.

Works

His books have been published to part first in Everybody 's Magazine (1904-1908), in which he denounced the behavior of the "money kings ". Especially his book Frenzied Finance criticized the conditions in the U.S. financial and stock exchanges and earned him many enemies. In his book, The Remedy, he described possible " remedies " for the ills in the stock market, but found no echo. His disappointment about the effect of his work on the opinion of the reader let him return to the stock market.

• The Lawson History of the America's Cup. 1902; ger " The Lawson history of the America 's Cup "
• Frenzied Finance. 1905; German " financial madness "
• Friday the Thirteenth. 1907; ger "Friday the thirteenth; see also Friday the 13th "
• The Remedy. 1912; ger " The aids or The Remedy "
• The High Cost of Living. 1913; ger " The high cost of living "
• The Leak. 1919; ger " The Leak "