Several years after the Rebbe accepted the נשיאות of חב“ד חסידות a certain businessman entered his office and asked for advice and a ברכה for his business.
The Rebbe often gave such advice and it was always accurate. One time he also advised the questioner to keep שבת and put on תפילין daily. When the man answered that it was too difficult the Rebbe replied. "You came from far away and spent much time to receive my advice on business although that is not at all my field. So why don't you take my advice in the field I am an expert in, אידישקייט !?"
The Rebbe handed the businessman a small amount of money and said that he would like to be his partner in a business deal. The pleasantly surprised man, almost not believing his ears, gladly accepted the offer. With such a partner, who could go wrong!?!
The Rebbe continued; "Now we are partners. Neither of us will do anything in this venture without the agreement of the other. Good? Now my advice to you is to buy furs (the Rebbe told him which type) and then report back to me."
Overjoyed, the partner went out and after a few days of checking prices and searching, he bought a few thousand dollars worth of furs and went back to report.
But the Rebbe was not pleased. "That isn't the type of investment I was thinking of. I meant a real investment; say, a half-a million dollars!"
The man almost couldn't believe what he was hearing. A half-million?!! He would have to borrow a fortune!! With mixed feelings he forced a smile and left the room. Half a million dollars was a huge amount of money fifty years ago.
The businessman felt a bit hesitant to go into such debt but encouraged by the Rebbe's optimism he, at first reluctantly but then with more enthusiasm, spent the next few days mortgaging all he had and borrowing huge amounts of money.
And there were other problems. He had to rent a massive warehouse for storage, and arrange a way to transport, and guard the furs. And it all cost money!
'But what do I care!' he told himself, 'I am going to make a fortune!! It would all pay off in the end!
A week or so later he finished it all and was back reporting every detail to the Rebbe who congratulated him on the good work and reminded again him not do anything without his consent.
Satisfied and certain the prices would soar he went home, ate dinner with his wife and family and made several לחיים ’s to the Rebbe and to the new future. That night went to sleep with a smile on his face, certain that tomorrow's financial page would have bold news!!
But it didn't. The prices didn't soar. They stayed exactly where they were...day after day for a month. "Ahhh, of course!" our hero tried to comfort himself, "Heh heh!! What a fool I was to think it would happen instantly! Good things take time!!"
But after two months he really began to worry. Each day was costing him a lot of money. He had to pay for the storage, interest on his loans, his money was tied up, and worse of all...the price wasn't raising. In fact, it was slightly dropping!!
He went back to the Rebbe and suggested that perhaps they should sell. But the Rebbe smiled and told him to be patient.
The price dropped steadily until two months later it was down 20 percent!! He was desperate. Time was against him! He rushed to 770 and again got permission to enter the Rebbe's room.
"Please, Rebbe" he asked wide eyed "The price is dropping. If I, that is, We, sell now I can at least pay off the loans I took. I'm sure I'll make the loss up elsewhere. Let's sell before it drops even more!"
But the Rebbe again assured him not to worry. Everything would for sure be all right.
But it wasn't. It's not that he didn't want it to be; he wanted it to rise, he believed it would rise. But it didn't.
In fact two months later fur prices were at an all time low. 40 percent lower than when he bought. It was a disaster!! He would be wiped out for life! His head was swimming. He had heard so many good stories about the Rebbe. He had been so sure! It seemed so right! It was a mystery, maybe it was because of his עבירות , but he had to get out! That was clear!!
"This will be the last time!!" He promised himself as he again went to the Rebbe's headquarters, got permission to enter and poured out his heart. But the Rebbe refused to agree.
A week later he mechanically bought a newspaper, as he had been doing for the last months, and with a heavy heart opened to the financial page; furs were UP...four hundred percent!
He ran to the nearest payphone to call the Rebbe...and the Rebbe answered "Sell"!!
He was rich!!!
Immediately after he cashed the check, he sped to 770 as though he had wings on his feet, again got permission to enter and gave the Rebbe a big donation.
"Now," he said joyously to the Rebbe. "Let's make another partnership!"
"I’m sorry," the Rebbe replied with a twinkle in his eye, "You are a difficult partner."
This .