106 Year-Old Irving Kahn Is Still Investing In The Stock Market
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."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.