How did Churchill stock up?

Do you know whether British Prime Minister Winston Churchill made a profit or lost by speculating in stocks? From 65438 to 0929, Churchill's old friend and American securities magnate bernard baruch accompanied him to visit the Wall Street Stock Exchange. The tense and warm atmosphere there deeply infected Churchill. Although he was over 50 years old at that time, his arrogance did not decrease. In his view, it is really a piece of cake to make money from stock trading. He asked baruch to open an account for him-Old Fox Churchill wanted to play the stock market. Churchill's first deal was quickly caught, which made him lose face. He took aim at another promising British stock, thinking that I knew this guy's background like the back of my hand, and he would definitely win. But the stock price just didn't listen to his command, and it fell all the way, and he was trapped again. On such a long day, Churchill made one deal after another and fell into one quagmire after another. Churchill was stunned when the closing bell rang in the afternoon. He is insolvent and about to go bankrupt. Just when he was desperate, baruch gave him an account book, which recorded the brilliant achievements of another Winston Churchill. Originally, baruch had expected that a smart person like Churchill might be useless in the stock market. Besides, when he first entered the stock market, he was likely to lose his wife and soldiers. Therefore, he prepared a lifeline for Churchill in advance. He asked his men to open another account in Churchill's name, Churchill bought it and another Churchill sold it; What Churchill sells, the other Churchill buys. Churchill kept his mouth shut about this shameful experience, while baruch recorded this interesting story in detail in his memoirs. There used to be a joke. It is said that Einstein went to heaven after his death. There are four people in his room. Einstein asked the first man what his IQ was, and the man replied 160. Einstein was overjoyed and agreed. I'm afraid I can't find a partner here to discuss relativity. He asked the second person, and the second person said that his IQ was 120. Einstein was obviously disappointed and said with a sigh, it doesn't matter, we can still discuss math problems. He finally asked the third person, who said that his IQ was less than 80, and Einstein frowned. After a long time, he said, it seems that we can only rely on the Kan Kan stock market. Although this joke mocking investors is a bit mean, he tells a truth that sounds like a paradox: in the stock market, it is not determined by academic qualifications; Don't divide intelligence; Not to mention one's social background and role. The anecdote of British Prime Minister Winston Churchill trying his hand at Wall Street stock market is a good illustration.