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Murderer turned stock picker is ‘Oracle of San Quentin’

July 11, 2014 by admin

Lessons on money and investing from a C Block financial adviser

575 Madison Avenue Prison Stock TraderEvery day, Curtis Carroll dons blue, state-issue jail garb. Every night, he sleeps in a cement cell. At 35, he has spent his entire adulthood behind bars, and there’s a possibility he’ll never leave: He’s serving a sentence of 54 years to life, for murder.

Among the inmates in California’s sprawling San Quentin State Prison, Carroll’s violent past is ordinary — but his present is anything but. In a place where physical toughness is the main way to earn respect, Carroll has built a following among his fellow prisoners by teaching them how to stay out of debt, draw up a budget — and pick stocks.

His friends call him “Wall Street.” In prison, that’s a compliment.

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