What does “Is Dorothy Grossbaum good for five dollars?” mean?
I’m reading The Intelligent Investor by Benjamin Graham (4th edition) and there is one sentence that I just don’t get: … Ben’s father died in 1903, the porcelain business faltered, and the family slid haltingly into poverty. Ben’s mother turned their home into a boardinghouse; then, borrowing money to trade stocks “on margin,” she was … Read more