Gerald M. Loeb was a prominent Wall Street figure for over 40 years, known for his work as a partner at E.F. Hutton and his popular columns in financial publications.
His investment philosophy was shaped by the 1923 market crash, leading him to focus on preserving capital and investing in strong, trending stocks.
Loeb's approach contrasted with contemporaries like Benjamin Graham, emphasizing market trends over intrinsic value.
His book, published in 1935, became an instant classic and has remained influential in the field of investment.
Loeb's strategies, including his focus on cutting losses and riding winners, have inspired many modern trading and trend-following techniques.
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