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Author: JamesShepherd One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3869  
Subject: A Dumb Investment Date: 4/22/2006 4:18 PM
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When I was about 18 years old I scrounged up about $300 and bought 100 shares of a new company, Fehr's Liquid Gold. The founder of the company was Fehr Kramer who I think was the grandson of Frank Fehr who started Fehr's Brewing Co. in Louisville. If I remember correctly Frank Fehr had died and his brewery had closed. Fehr's Liquid Gold was to be made at the old brewery, I think. This was in about 1949. The reason all of my friends were interested in Fehr's Liquid Gold was that it was supposed to leave no beer breath. We were all cursed with mothers who could smell beer on our breath before we reached the front porch. Unfortunately, and even though the beer was the first I ever saw in clear glass bottles, it failed the mother test. Bankruptcy followed and I lost my $300.
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