10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

The largest discount in the last 10 years

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

The Wonder That is the 107-Year-Old Irving Kahn

December 23, 2012 | About:
Canadian Value

CanadianValue

212 followers
A nice article in the Wall Street Journal from Jason Zweig on the marvel that is Irving Kahn:

When you get the chance to learn from someone with 84 years of investment experience, you should take it.

The day before he celebrated his 107th birthday, I spoke with Irving Kahn, chairman of Kahn Brothers Group in New York and former research assistant to Benjamin Graham, the father of value investing.

Mr. Kahn's eyesight and hearing have diminished, but his curiosity, common sense and grasp of market history are intact.

He personifies the virtues that Graham spelled out in his classic 1949 book, "The Intelligent Investor," from which this column takes its name. Along with Warren Buffett, Mr. Kahn is one of the last surviving investors who learned directly from Graham.

Mr. Kahn's portfolio is half in cash, but only because he has finally gotten to the age where he is fully "captive to my own conservative personality," he said. Individual investors who avoid "doing things you know too little about" still stand a decent chance of outperforming professional investors, especially by sticking to smaller stocks, he told me.

Before I could even ask him a question, Mr. Kahn began peppering me with his own: Who is the new editor of The Wall Street Journal? What is its daily circulation? Who are its toughest competitors?

Link to full article:
http://online.wsj.com/article/SB10001424127887324731304578193323337104806.html

About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 4.4/5 (7 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK