|Gerald M. Loeb|
|Died||April 13, 1974 (aged 74)|
|Occupation||Stockbroker, Investment banker|
|Employer||E.F. Hutton and Co.|
|Known for||Wall Street Trader, author|
Career and writingLoeb began his career in 1921, working in the bond department of a securities firm in San Francisco. He moved to New York in 1924 after joining E. F. Hutton & Co., and became vice-chairman of the board when the company incorporated in 1962.
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. Forbes magazine called Loeb "the most quoted man on Wall Street."
Loeb's first book, The Battle for Investment Survival(1935), sold over 200,000 copies during the Great Depression. Loeb updated the book in 1957 and 1965, as it attained the status of a classic financial text. In 1971, Loeb published The Battle for Market Profits as a follow up to his original book where he depicted the market as a battlefield. Loeb's books are still widely read today and hailed by many as a staple for investment professionals.
- Boik, John (2004). Lessons from the Greatest Stock Traders of All Time. McGraw-Hill Professional. pp. 47–67, "Chapter 3: Gerald M. Loeb". ISBN 0-07-143788-6.
- Krass, Peter; Contributors Richard Poe, Warren Buffett. The Book of Investing Wisdom: Classic Writings by Great Stock-Pickers and Legends of Wall Street. John Wiley and Sons. pp. 176–183, Chapter: "Importance of Correct Timing, Gerald M. Loeb". ISBN 0-471-29454-3. Cite uses deprecated parameter
- Loeb, Gerald M. (1960). Loeb's Checklist for Buying Stocks. Simon & Schuster. ISBN 0-671-42705-9.
- Martin, Ralph G. (1965). The Wizard of Wall Street: The Story of Gerald M. Loeb. W. Morrow. p. 192 pages.