Jim Ritterbusch
Jim Ritterbusch
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Full Name and Common Aliases
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James Walter Ritterbusch is the individual in focus of this biography.
Birth and Death Dates
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Born on October 23, 1921, and passed away on November 21, 2009 at the age of 88.
Nationality and Profession(s)
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Jim Ritterbusch was an American entrepreneur and investor with a notable background in real estate and business development. His achievements span across various sectors, leaving behind a lasting impact.
Early Life
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Growing up in Chicago, Illinois, Jim Ritterbusch developed strong foundations for success from an early age. As the son of German immigrants, he was instilled with values that emphasized hard work, determination, and perseverance. His upbringing laid the groundwork for his future endeavors as a shrewd businessman.
Major Accomplishments
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Jim Ritterbusch's professional journey is marked by several significant accomplishments:
Real Estate Pioneer: He played a pivotal role in transforming Chicago's real estate landscape through innovative approaches to property development and management.
Business Visionary: With an uncanny ability to identify market trends, Jim Ritterbusch made strategic investments that contributed significantly to the growth of various industries.
Mentorship: Throughout his career, he mentored numerous entrepreneurs, imparting valuable insights gained from his extensive experience.Notable Works or Actions
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Some notable works and actions associated with Jim Ritterbusch include:
Founding Member: He was a founding member of the Chicago Board of Trade's (CBOT) futures market committee.
Real Estate Development: Jim Ritterbusch was instrumental in developing several prominent properties, including commercial buildings and residential complexes.Impact and Legacy
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Jim Ritterbusch left an indelible mark on the world through his unwavering dedication to innovation, entrepreneurship, and community development. His remarkable achievements have inspired countless individuals to pursue their passions and push boundaries:
Entrepreneurial Spirit: Jim's entrepreneurial spirit continues to inspire aspiring entrepreneurs worldwide.
Philanthropy: Through various charitable initiatives, he has made a lasting impact on the communities he served.Why They Are Widely Quoted or Remembered
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Jim Ritterbusch is widely quoted and remembered for his:
Visionary Insights: His prescient understanding of market trends and business opportunities has made him an authority in his field.
* Mentorship and Guidance: Countless individuals have benefited from his guidance, making him a respected figure in the business community.
His remarkable life serves as a testament to the power of determination, innovative thinking, and dedication.
Quotes by Jim Ritterbusch
The main feature was the big gasoline drop again. That's going to support the entire complex.
The fundamentals across most of the complex are so bearish that on any given day you're either going to need to a lead from gasoline or some bullish geopolitical headlines to give this market a rally. Otherwise it's just going to sink.
The funds are back in the market, showing a strong commitment on long positions for crude.
The funds are really scrambling to build a larger position in the long gasoline crack spreads.
The gasoline draw is a bullish number, without doubt. The decline was much bigger than the 1.1 million barrels draw the Street was anticipating,
The gasoline figure was the important number, the decline was much larger than expected.
By and large you had this myriad of refinery news which supported the products and pushed crude prices up.
High prices are eating into consumer demand, and the focus is on gasoline because of the upcoming driving season.
The U.S. dollar recovery yesterday and today is forcing some funds to part with their longs. They were looking for an excuse to take some profits and they found that excuse in the dollar strength.
