Henri Clouzot was born in England in 1836, and in 1850 emigrated to the United States. Clouzot began as a clerk in a large company-importer, and only later moved into the financial sector business. Clouzot became a member of the New York Stock Exchange shortly after the panic of 1857, during which prices have fallen about 50 percent. “This crisis has sounded a funeral march for the old conservatism in the” Street “- wrote Clouzot. – There was a young race of financiers, to fill the seats of the old conservative leaders. ” For all its extravagance Clouzot was an investor in the price. He realized that “in light of all this tumultuous mass of facts are the laws of nature if we study them for their control facilities, they (the laws) will be working exactly the same way as the rising sun.”
In 1859, Henry Clouzot co-founded the investment company (Livermore, Clews, and Company) on Wall Street, which during the Civil War in the United States was the second largest trader Bond (federal bonds). In 1877, Henry organized his own company Clews and Company. He also organized the “Committee 70” and served as economic adviser to President Ulysses S. Grant (Ulysses Grant). Henri Clouzot followed conservative economic views and was a strong opponent of the trade union movement.
In 1908, Clouzot published the book “Fifty Years in Wall Street” (Fifty Years in Wall Street), which has become indispensable for all learners and history, and markets. In the end, Clouzot stood shoulder to shoulder with such great financiers like JP Morgan and the infamous robber barons like Cornelius Vanderbilt. Clouzot took the time to write history and their own thoughts, including what it takes to succeed on Wall Street. He claimed that one of the problems faced by investors, is their reluctance to “act in accordance with the conclusions that diverge from their desires ….” Henri Clouzot died 31st January 1923.
