When it came to investing, Howard J. Vogel seemed to possess a perverse kind of Midas touch.
In early October 1997, he bought 50 shares of Oxford Health Plans. Three weeks later, the stock nose-dived, and Mr. Vogel lost about $3,000 of his investment. Still, Mr. Vogel reaped $1.1 million.
How was that possible?
Tuesday, June 06, 2006
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