"I try not to touch anything that is not worth while," he said. "If a stock is good and is selling under price it is legitimate to take that stock and push it up to its real value."
Several times in attempting to do that Keene has been cleaned out and left as poor as he was when he started out in California in the fifties. He was a sickly, nervous, near-sighted boy of twelve when he arrived in the West. Three years of life in the open built him up, and he started in as a prospector on his own account. It didn't pan out well, and he turned farmer for a while, left that work as a cowboy, and then put in a year as a newspaper reporter.
But the mines drew him back, and he managed to get ten thousand dollars out of the Comstock lode. With this he went to San Francisco, and when he saw how things were run on the exchange there he decided that he would enter the game. It took him three months to turn his ten thousand dollars into a hundred and fifty thousand dollars, and it took his opponents two days to take that away from him and leave him not only without a cent, but also heavily in debt.
The period that followed was one of poverty for Keene, and for two years he fought through it, working at whatever he could find to do, but all the time intent on getting back to the exchange. Finally, his creditors allowed him to join the Mining Exchange, and his knowledge of mining properties soon put him at the head of the mining stockbrokers.
Keene won his success as a broker through his painstaking study of the property in which he invested either for himself or for others, and through the amazing courage he evinced in taking a chance on properties in which he believed.
"Keene's too blamed conscientious," said one of his fellow-brokers. "Why, he's taken a week to look over some Idaho property, and he could just as well have handled the investments even if there wasn't a sign of metal there. He wouldn't lose anything."
That was not Keene's way. He was not in the game to make a little and risk nothing. He was willing to risk everything in order to make a big killing, and usually the campaigns that looked like wild and reckless gambles were backed by good, solid knowledge, gained after examination of the value of the property involved.