Stock Market Grandma’s Obituary Beate Sander (✝︎82): “Luxury Means Nothing To Me” – Economics



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He knew he didn’t have long to live. When we last met, she was the first to tell me. “I’ll do this more, and then it’s over.” She would have loved to see the book fair, but cancer thwarted her plans.

That was Beate Sander, whom many know as the “grandmother of the BILD stock market.” She was pragmatic. Work was her life. It wasn’t until she retired that she started investing in stocks, earning millions. She hardly had time for friends. In the end she realized that, despite her success and fame, she was missing something, a good friend, she told me.

A look back at an eventful and very special life

born in December 1937 like Beate Jaenicke in Rostock. She was the third girl in the sibling line, she should actually be the owner of the family and her name was Joachim. She writes in her autobiography: “I felt the rejection of my mother. There was no place for love. ”

• She had two children with her husband Günther

• Survived the bombing of his parents’ home in 1944 in his own protective bunker that his father had built before the war.

• Passed a gifted exam to become a teacher. Despite her two children, she worked full time as a high school teacher until she was 66 years old. It was there that her first Börsen AG began

In 1996 he bought his first share

• Beate Sander wrote 50 advice guides until her death. Her most successful book: “The Stock and Exchange Driver’s License”

Showing off your money wasn’t his thing. Beate Sander lived in a low-key house in the Böfingen district of Ulm. The furniture was still what she and her husband had bought when they moved in. Back then, she said, that was a good thing. And don’t throw that away.

“Luxury means nothing to me,” he kept telling me. Who should I impress with that?

Fame and recognition were his luxuries

Your life, that was the stock market. The facilities and the objective of transmitting their knowledge to as many people as possible.

He spent up to ten hours a day on the computer. Developed his own investment strategies, he was increasingly sought after as an expert. And that, although he had actually been retired a long time ago. She had worked as a teacher until she retired and had never had anything to do with stocks.

In the past four and a half years he has written 224 columns for BILD, the last of them in the nights before his death. There was not a week during that time that she did not send a text message. Not even during her first cancer.

From an initially small BILD column with the concept of the stock market grandmother, she grew into her own brand, a small celebrity with a growing fan base.

In ihre Bücher schrieb Beate Sander gerne Widmungen – eine ihrer liebsten Weisheiten: ‚Meide die gefährlichen Vier: Euphorie, Panik, Angst und Gier'Photo: Simon Schütz

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Beate Sander liked to write dedications in her books, one of her favorite pieces of wisdom: ‘Avoid the dangerous four: euphoria, panic, fear and greed’ Photo: Simon Schütz

She proudly said: “When I wanted to go to an event and my driver forgot to pick me up, I went into a car with two young tattooed girls. I knocked on the window and asked if they could take me. You are the grandmother of the stock market! We take them everywhere, ‘they both told me. “

His great strength is his discipline, he explained. He spoke about robotics, biotechnology and artificial intelligence with impressive experience. The fact that you are investing in these futures markets is what sets you apart from stock market legend Warren Buffett.

Warren Buffett says he only invests in what he understands. I say: What I don’t understand, I can learn!

It was not an easy childhood

Beate Sander was a loner. Always like she told me. “My mother did not love me,” he says quite naturally. She was not your typical girl, anyway, parents would have preferred a regular owner. They called her the “ugly duckling,” she says as she flips through an old photo album.

His mother was never interested in the fact that he always passed all exams with distinction. She once cheated and told her mother she had a four. The mother’s response: “Finally a normal note.”

Perhaps it was the mother’s lack of love and recognition that determined Beate Sander’s life. In retrospect, she also describes her own marriage as unhappy. “But once you have decided to have children, you have to stick together for them.”

Adrenaline and work against pain

Until the end he sat in front of his computer in the afternoons. “I will no longer use my bed. The pain when lying down is too great ”. Instead, she wanted to work into the night and fall asleep sitting up. “People on trains can do that too.”

“I want to be there for the books, columns and projects until my last breath.”
Beate Sander, a few days before her death

Work and conversation made the pain more bearable. He refused the medication: he wanted to have a clear head.

“I am not afraid of death,” he said. But she also doesn’t think there are angels waiting for her.

After a stroke, he had already had a near death experience. There she saw no light. Instead, her book, the “Börsenführerschein”, was built in front of her. She said that with a laugh.

What’s left? At the end of the day, you see your life in terms of a balance of assets and liabilities. She is satisfied with this record.

He would like to see her funeral, he said. Hear what will be said about her.

She hoped that with her work she would leave something that would last. Most importantly, you have prepared your children for the future.

During my last visit, the doorbell suddenly rang. One of his students was at the door. Until recently, Beate Sander had taught at the adult education center. The young woman wanted one of her books signed. Unfortunately, she could no longer give her stock market prices, Beate Sander said. “You have impressed me so much,” said the young woman when she broke away. She burst into tears.

It was words like these that gave Beate Sander strength and didn’t let her give up. The great recognition was her engine, even during her long and serious illness.

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