The Knowledge Project Hetty Green: The Witch of Wall Street [Outliers]
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Oct 7, 2025 Discover the remarkable story of Hetty Green, the wealthiest woman of her time, who navigated a male-dominated world to build her fortune. From early financial lessons amid rejection to savvy investments in distressed assets, her journey defied societal norms. Explore her strategic prowess in lending during financial crises and her commitment to research and frugality. Hetty's legacy illustrates the power of independence and savvy money management, proving that a woman's place can indeed be at the forefront of finance.
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Early Finance Education
- Hetty Green learned finance as a child reading market reports to her failing-eyed grandfather.
- She opened a savings account at eight and watched compound interest shape her future.
Buy Low And Double Down
- Buy undervalued assets nobody wants and hold until demand returns.
- Increase purchases when prices fall to maximize future gains.
Research Creates Edge
- Obsessive, on-the-ground research created her edge in an era without disclosure.
- She inspected rail yards, spoke to workers, and verified freight volumes before buying.