Will RogersThe week prior to the date of this quote was the week the stock market crashed in 1929. Leave it to Will Rogers to find a bit of humor in such times.
The Roaring ’20s was a time of prosperity and optimism that expressed itself in not only the culture, but the rising stock market as well.
Many people were invested, not just the wealthy, and furthermore, many people bought stocks on margin. That was great, if the market continued on an upward trend, but if the market went down the leverage could be devastating.
This Will Rogers’ quote beautifully expressed the attitude of the 1920s. Investors gambled their savings on the market continuing to rise, but never considered the fact it would go down. According to Rogers, they should have never gambled in the first place.
Image: Will Rogers flew everywhere once he found out it was the fastest way to get places. From his flight suit, you can tell he was getting ready to fly in an open cockpit airplane. Later he would be a prominent promoter of commercial aviation.
The image was taken directly from pictures at the Will Rogers Memorial Museum archive. I apologize for the quality of the image, but this is exactly what the 1920s photo looked like when I scanned it. In the hundreds of images contained in this iPhone application, I wanted to share as many different Will Rogers photos as possible from as wide a variety of times and situations – movies, cowboy, vaudeville, with famous people, and family scenes.
Will Rogers is a man worth remembering, and quoting. His wit, humor and insight into life will amaze and astonish you. His life will inspire you. Watch for new blog posts from my Will Rogers quotes collection.
I hope you have enjoyed this quote from Will Rogers and the accompanying image taken from the Will Rogers iPhone app. Please visit our blog, twitter, or Facebook page regularly and pass these posts on to friends that might enjoy a bit of wisdom from Will Rogers.
