| Ty Cobb was one of the best players in the history of | | | | today and pull out tomorrow." |
| baseball. Cobb smashed more hits, stole more bases, | | | | Cobb invested in a start-up company known as |
| and blasted more runs than any other ballplayer. He is | | | | Coca-Cola through the advice of friends he had in |
| still the only player with two 35-game hitting streaks. In | | | | Atlanta, Georgia. Cobb became a major shareholder in |
| 1936, Cobb received the most votes of any player for | | | | the Coca-Cola Company. Cobb earned over $4 million |
| the 1936 inaugural Hall of Fame Ballot. Cobb became | | | | from his investments in Coca-Cola. Assuming |
| the first ballplayer inducted into the Baseball Hall of | | | | reinvestment of stock dividends, Cobb's initial |
| Fame and the first professional athlete to become a | | | | investment in Coca-Cola would be worth over $1.6 |
| millionaire. | | | | billion now. Cobb made several generous philanthropic |
| Cobb bought between five hundred and fifteen | | | | contributions with his great wealth, including the Cobb |
| hundred shares of stock at least twice a week. While | | | | Educational Fund, which awarded scholarships to |
| living in Atherton, California, Cobb invested in the stock | | | | needy Georgia students who needed support for a |
| market through the San Francisco brokerage houses | | | | college education. |
| of E. A. Pierce and Schwabacher & Company | | | | The fascinating book "Money Secrets of the Rich and |
| where he regularly invested amounts up to $14,500. | | | | Famous" details Ty Cobb's incredible financial life. The |
| Cobb told people that stocks were to be considered | | | | man who set more baseball records than any other |
| as long-term investments. Cobb advised investors to | | | | player is remembered as one of the most successful |
| "know what you're buying, then stay with it. Don't buy | | | | businessmen in the history of sports. |