Friday, December 30, 2011

106 Year-Old Irving Kahn Is Still Investing In The Stock Market


 
Irving Kahn, who turned 106 years old earlier this month, has been working on Wall Street since 1928 and he's still investing his money today. [via Jacob Wolinski at ValueWalk]

The value investor told CNN Money he doesn't watch the stock market all that closely even though he has a Bloomberg Terminal on his desk.  That's because he follows the 20 stocks that he currently holds.


Kahn, who didn't always have a Bloomberg Terminal or a cell phone, has seen a lot of changes besides the technological ones during his days on Wall Street.


"Well when I got to the Street in '28/'29 it was much more of a rich man's game -- not that I was rich, but I mean it was designed for banks, insurance companies, railroads or public utilities," he said in an interview. "It's no longer a rich man's business. It's a business for everybody." 





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