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Not a Suze Orman fan, but enjoyed the story of her career beginning
Old 06-12-2019, 12:28 AM   #1
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Not a Suze Orman fan, but enjoyed the story of her career beginning

Suze Orman Internationally Acclaimed Personal-Finance Expert
Do What Is Right, Not What Is Easy

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So I did the only thing that I could think to do: I found the name of a lawyer who took on securities cases. I went to see him and told him my story. He accepted the case on a contingency basis, and we ended up suing Merrill Lynch. Now, what I didn’t know at the time was that because I had sued Merrill Lynch, I couldn’t be fired. During the two years that the case was under investigation, I became one of the top-producing brokers in the Oakland office, and it was all by doing what was right for people. Eventually, the manager who had originally given me six months on the job was moved to another position, and a new manager came in who settled the suit immediately because he saw that it was wrong. Randy had been let go shortly after I brought the suit. Merrill Lynch paid me back all of my money plus interest, which allowed me to pay back Fred Hasbrook and my friends from the Buttercup Bakery. And the rest is history. Through it all, two of the greatest lessons of my life emerged: First, you must always do what is right, not what is easy. And second, every no leads you that much closer to a yes. Every loss leads to a gain. I would not be the person I am today if I had not lost it all, kept the belief in myself, and done what was right rather than what was easy by always putting people first, before money.

Note - mod edit to ensure copyright compliance. More can be found in the book "The Best Advice I ever Got by Katie Couric."
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Old 06-12-2019, 04:18 AM   #2
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What an awesome story. YGG.
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Old 06-12-2019, 04:35 AM   #3
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Wow. Just awesome. True stories are better than any make believe Hollywood crap.

I often joke at the soup kitchen that blessings arrive disguised as hard work (like the 3000 pound farm donation us geezers unloaded yesterday). Perhaps blessing appear to us as "no's" just as well?

Godspeed.

rb
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Old 06-12-2019, 04:57 AM   #4
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She may claim to put people before money, but money is on the inside track and closing the gap.


A good story nonetheless.
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Old 06-12-2019, 05:17 AM   #5
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Quote:
Originally Posted by Osprey View Post
Suze Orman Internationally Acclaimed Personal-Finance Expert
Do What Is Right, Not What Is Easy
Quote:
Note - mod edit to ensure copyright compliance

Might as well give a link to the whole story. Sounds apocryphal to me.
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Old 06-12-2019, 05:25 AM   #6
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I don't agree with everything Suze says, but I really learned a lot from her when I was just starting to be aware of how money works.
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Old 06-12-2019, 08:53 AM   #7
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That’s quite a start. Clueless waitress to stockbroker. Turns around and sues screwy (and criminal) employer and names names! Strikes out on her own and becomes a powerhouse.

Still don’t like her. I really do hope her clients were pleased, though.
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Old 06-12-2019, 09:02 AM   #8
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She worked as a waitress for 7 years...blah!

Here's an article/interview with her discussing her retirement (from 2017) in the Bahamas. I noted that she still writes occasional articles, so I have to ask...is this her "side hustle" and is she *really* retired?!?

How Suze Orman Is Making the Most of Her Island Retirement | Money
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Old 06-12-2019, 09:31 AM   #9
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I don't agree with everything Suze says, but I really learned a lot from her when I was just starting to be aware of how money works.
Same here. Enjoyed her TV show with the "can I afford it" and "can I retire" segments. Many times she focused on the debt, not the income and it made me really start looking at my own budget/spending at an earlier age. Started watching it when it first aired in 2002.
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Old 06-12-2019, 10:36 AM   #10
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I put her in the same camp as Dave Ramsey. I listen for entertainment purposes only. The advice is usually too simplistic for my situation, but for others she may be right on point.

The world needs more financial education so maybe she will inspire more folks to spread the word of the things we discuss here so often.
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