Richard Russell
spent most of his life in Congress, one of the first to do this, no one usually ran against him
Richard Russell (1891-1977) was an American author and stock market analyst who developed the Dow Theory along with his partner Charles Dow. He is known for his advice on investments, including the principle of buying stocks for the long-term and reinvesting dividends to accumulate wealth.
Russell started his career as a stockbroker in 1920s, and later turned to writing financial newsletters. His most notable publication was the Dow Theory Letters, a financial newsletter that has been in existence since 1958. The newsletter provides investment advice based on the tenets of the Dow Theory, which include analyzing the trends of the Dow Jones Industrial Average and the Dow Jones Transportation Average to predict market trends.
Russell was also known for his bullish outlook on gold, urging his readers to invest in the precious metal. He was a proponent of the gold standard and believed that gold was a store of value that could protect against inflation.
Overall, Richard Russell was a respected figure in the field of finance and his writings continue to be studied and referenced by investors and financial professionals today.
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