Bloomberg today profiles Al Gordon, 105, one of the few people still lingering around Wall Street who actually worked on the street during the crash of 1929.
One of our favorite parts of the dialogue is a description of Gordon’s investment strategy.
“Despite the fact that he's an old man, he buys things not for a quick trade,” Byrnes says. “Al is a long-term investor, if you can believe that someone who's 105 years old can be a long-term investor.”
You have to be pretty bad ass to be in it for the long-term at 105.
Al Gordon, Wall Street Icon at 105, Is Bearish on U.S. Stocks [Bloomberg]