Monthly Archives: February 2013

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themenwhobuiltamericascA favorite TV program seems to teach us the part of the United States history. However, if we analyze more deeply, it also contains some basic rules in finance especially in nature. The TV program is the story of some great business men who gave great contribution to the development of the United States. One of them was John D Rockefeller, the founder of Standard Oil who played the first monopoly in the US. What can we learn from him?

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Instead of investing his money in mining oil, Rockefeller chose to invest in distillation. He thought that the mining field is risky and quite tricky. Therefore, he decided to collect the oil from the mining company and distillate the oil to be kerosene.

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