Friday, May 05, 2006

Louis Rukeyser, R. I. P.

When I was young, I always looked forward to Fridays . . . because that meant Wall Street Week! (And I couldn't have been too nerdy because Mr. Rukeyser was way too cool!) Opinion Journal has a remembrance here.

. . . he had faith in the ability of ordinary folks to play the investing game alongside the pros, albeit with a set of wise rules. He was both a proponent and an exemplar of the rise of the middle-class shareholding society--the "opportunity society," long before it became a political slogan. Many Americans who followed his show were richer for it, whether they took the stock picks of his guests or merely honed their own instincts.

. . . The best advice on the show, notably conveyed by Rukeyser and long-time guest Julius Westheimer, was the basic message to pay down debt, save for retirement and not get greedy on a story about some sizzling stock.

We'll miss you . . . and that crazy theme music . . .

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