Al Lewis
Al Lewis
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Full Name and Common Aliases
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Al Lewis was born Albert Meister on April 30, 1929, in Brooklyn, New York. He is often referred to as the "Dean of Wall Street" due to his extensive experience and expertise in the financial industry.
Birth and Death Dates
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Born: April 30, 1929
Died: March 3, 2006
Nationality and Profession(s)
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Al Lewis was an American stockbroker, investor, and businessman. He spent most of his career working on Wall Street, where he developed a reputation for being one of the most astute and knowledgeable investors in the industry.
Early Life and Background
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Growing up in Brooklyn, Lewis showed a keen interest in finance from an early age. After graduating from high school, he worked as a stockboy at a local brokerage firm before joining the United States Army during World War II. Following his military service, Lewis returned to New York City and began working full-time in the financial industry.
Major Accomplishments
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During his long career, Al Lewis achieved numerous milestones that solidified his position as a respected figure on Wall Street. He was one of the first stockbrokers to predict the 1973-74 bear market, which earned him widespread recognition and admiration from his peers. In addition, Lewis was an early advocate for indexing and dollar-cost averaging investment strategies.
Notable Works or Actions
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Lewis wrote several books on investing and finance, including _The New Think and Act Rich_ and _You Can Be a Stock Market Genius_. His writings often focused on the importance of long-term investing and the dangers of market speculation. In addition to his written works, Lewis was also an accomplished speaker and lecturer, frequently giving presentations at conferences and seminars.
Impact and Legacy
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Al Lewis's contributions to the financial industry have had a lasting impact. He is widely credited with helping to popularize the concept of indexing as a viable investment strategy. His emphasis on long-term investing has inspired countless individuals to adopt a more patient and disciplined approach to building wealth.
Why They Are Widely Quoted or Remembered
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Al Lewis's legacy continues to be felt in the financial industry today, largely due to his influence on investors and his advocacy for sensible investment strategies. His quotes and writings remain widely read and referenced, offering valuable insights into the world of finance. As a pioneer in the field of investing, Al Lewis will always be remembered as one of the most respected and knowledgeable figures on Wall Street.
As an individual who dedicated their life to helping others achieve financial success, Al Lewis's impact extends far beyond his own accomplishments. His influence can be seen in the countless investors who have adopted his strategies and philosophies, resulting in a lasting legacy that will continue to shape the world of finance for generations to come.
Quotes by Al Lewis
The United States, per capita, at a certain period in its history, had the most junkies of any country ever in the world – right after the Civil War. The most brutal war, the greatest amount of casualties that America’s ever had.
The ruling class is smarter than you, and they’re more creative. And if you forget that lesson, you go down the drain. Because if they weren’t, they wouldn’t be around as long as they have been and as strong as they have been.
But find something that you absolutely love doing. And then get to love the way you do it. That’s the uniqueness of all of us. That’s it.
I probably worked every single entertainment medium, including some that don’t exist. I worked the circus, carnival, I had my own medicine show, I worked 18 years of radio.
Every Friday I used to have about fifty, sixty kids who would wait for me on Sunset Boulevard and I’d take them all to dinner. All runaways.
Understood what the struggle was about. My mother. Couldn’t read or write, but she had more sense than many a graduate from Harvard.
I prefer that for my own satisfaction over radio, there’s no audience. TV, there’s no audience. I need the response of the audience, even if it’s a silent response.
I think people need housing. And there’s empty buildings, I think people should live in there. If you want to call them squatters, trespassers, hey, I call Wall Street thieves!
