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#54 The Epic Life of Cornelius Vanderbilt
Founders
The Importance of Ambivalence in the Free Market
The idea of one man buying control of a railroad then and it's called the stonington was some 50 miles long worth millions in fixed capital. van der Beel cut fares on competing railroad lines so he cuts fares on competing railway lines drives down the stock price of the company mikneels in and then took then starts buying up the stock and takes over the company seven years after this conversation.
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