24/7 Wall Street
18 Oct 2026, 13:25 UTC · 1h ago
By 1973, A Vietnam Vet's Logistics Company Was Down To Its Last $5,000. The Former Marine Took The $5,000 To A Vegas Blackjack Table And Made Enough To Keep The Company Going.
Impact · against what's priced in
The article contains no material information that changes current valuations for FedEx or General Dynamics, as it focuses on 1970s historical anecdotes and a non-material mention of a generic analyst 'best stocks' list.
- FDX+0.00
Doesn't touch the price's assumptions
- In context
The anecdote about Fred Smith's gambling in the 1970s and the mention that the company missed a 'top ten' analyst list provide no new data regarding the core delivery margins or volume trends that currently drive the stock price.





