Gerald Martin Loeb (July 24, 1899 – April 13, 1974) was a founding partner of E.F. Hutton & Co., a renowned Wall Street trading and brokerage firm.
Loeb promoted a view of the market as too risky to hold stocks for the long term, in contrast to well-known value investors.
[12] Then, a week later on the 4th of July, his father was killed in a train collision in downtown Oakland while returning from a day trip to Santa Cruz to make arrangements for an upcoming family vacation there.
[18] Although he had largely avoided personal losses, the Wall Street crash of 1929 greatly affected Loeb's investing style, making him skeptical of holding stocks for the long term.
Loeb offered a contrarian investing viewpoint, in books and columns in Barron's, The Wall Street Journal, and Investor Magazine.
[20][21] Rose, the widow of Shanghai real estate developer Maurice Benjamin, was born in 1900 or 1901 in Brentwood, California, to Mr. and Mrs. A. E.