Ty Cobb's valuable autograph compares with his ability on the baseball diamond and  his business acumen. Cobb was the greatest all-around athlete in the history of baseball.  Cobb had more hits, stolen bases, and runs than any other ballplayer, during his amazing career.  Cobb became the first ballplayer inducted into the Baseball Hall of Fame and the first professional athlete to become a millionaire.

Twice a week Cobb bought blocks of stock, between five hundred and fifteen hundred shares.  Our check shows a sizeable amount invested through the San Francisco brokerage house of E. A. Pierce.  He also invested considerable sums through the brokerage form of Schwabacher & Company where he regularly invested amounts up to $14,500.  Cobb viewed stocks as a long-term investment and advised investors to "know what you're buying, then stay with it.  Don't buy today and pull out tomorrow."

Cobb also became a major shareholder in the Coca-Cola Company.  Cobb earned over $4 million from his investments in Coca-Cola.  Assuming reinvestment of stock dividends, Cobb's initial investment in Coca-Cola would be worth over $1.6 billion now.  Ty Cobb's valuable autograph was appreciated on album pages by baseball fans and on contracts by business associates.

The book Money Secrets of the Rich and Famous details Ty Cobb's incredible financial life.  The man who set more baseball records than any other player is remembered as one of the most successful businessmen in sports.

Back to Articles home page from Ty Cobb's Valuable Autograph

Copyright © FamousChecks