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February 27, 2015

108-year-old investor: 'I doubled my money in 1929 crash – and I'm still winning'

Three days a week, Irving Kahn takes a taxi from his flat in Manhattan for the short ride to the offices of his investment firm, Kahn Brothers.
Nothing surprising about that, you might think. But Mr Kahn is 108 years old.
His Wall Street career began before the crash of 1929 and over the intervening decades he has seen the Great Depression, the Second World War, the Cold War and the recent financial crash, as well as numerous less-severe crises.
Through them all he carried on investing.
Many professional investors stress the importance of a long-term approach but few are in a position to speak about it with as much authority as Mr Kahn.


http://www.telegraph.co.uk/finance/personalfinance/investing/11048689/108-year-old-investor-I-doubled-my-money-in-1929-crash-and-Im-still-winning.html

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