The handwritten quote dated Dec 2, 1932, reads "Maxims on Speculation. To beat the market play panics. One lucky investment beats a lifetime of toil." I'll note that I have these documents because the author ended up
destitute and my folks looked after he and his wife when I was growing up. His gold mine didn't pay out either. The photo dates from the late 40's or early 50's - probably the last time San Francisco looked for a
"Miss Semper Fidelis"....