Life, 1927-10-06 · page 15 of 40
Life — October 6, 1927 — page 15: what you’re looking at
What you’re looking at
This satirical page mocks stock market speculation during what appears to be the early 20th century. The main article, "How to Make Money Playing the Stock Market," presents advice from financial "experts" recommending cautious strategies—buy on dips, sell at modest profits, avoid oils, stick to stable stocks. The accompanying cartoons and poems undercut this seriousness with humor about foolish speculation and romance. One cartoon shows a couple quarreling over the husband's market losses. Another depicts three figures at what appears to be a social gathering, with a caption suggesting gossip and social tension. The page satirizes both naive investors who lose money chasing quick profits and the pretentious "expert" advice that claims to guarantee success—mocking the hubris of both speculators and their supposed advisors.
📄 Transcribed text from this page (OCR, searchable)
Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.
“ONE OF MY ANCESTORS CAME OVER ox THE May fic “ou, REALLY? ING TO stAY? HOW LON Threnody [2* never think that I'll forget + The luscious tinted oval of your face, The perfect way your perfect lips are set, The little stick that puts them in their place. I see your pale vermilion finger tips, And up until I die I can remem- ber The way you drew your coat about your hips And thrust your naked legs into December. All this, I say, I'll tréasure ‘til I'm dead. (J can't recall a single word you've said.) J. Canaday. Watch Him! “T HEAR that Jones is a triple- threat man. “He is, He can quote from a scrap book, play a saxophone, or do 1 conjuring trick at a moment's notice.” NOTE—A fool and his are soon party Life How to Make Money Playing the Stock Market (According to the Advice of Experts) LWAYS be. satisfied with a reasonable profit and sell out promptly when the stock has risen five points, except in the event that the stock is going up. Then, hold on until it has reached its peak. No money is ever made by purch stocks outright, although buyi margin is an extremely hazardous thing. Never tamper with Oils. Confine all your transactions to Rails and Industrials because they are so much less stable and so much more tricky t Oils. It is tanta- mount to financial suicide to sell short and all the great fortunes ac quired in the stock market have been made by selling short. Study. the behavior of one particular stock and confine all your transactions to it, but you must be careful to diversify your speculations among a large group of stocks, No one except experts ever makes money playing — the market, although huge fortunes arc made frequently by persons unable to differentiate one stock — from inother. The best season of the year to play the market successfully is the summer, with the exception of ewsiasincnanha) 1 Sete. Husband (after quarrel): Goov-ny, VM GOING TO THE ENDS or THE EARTH Wifes ALL RIGHT. AND WHILE You'Re THERE YOU MIGHT GET THE EVENING PAPER AND SOME CANNED SALMON FOR SUPPER June, July, August and September. \ young inan who plays the market consistently will end up in the gutter ind be independently wealthy before he reaches middle “L THINK sik’s A CAT, AND I'D TELL HER $0 TO HER PACE, ONLY WE'RE NOT ON SPEAKING TERMS.” comicbooks.com