Death of a legend - 'He went to bed and he didn’t wake up'


Sad to report.

Seth Glickenhaus, a bond trader turned money manager whose studies of law and medicine failed to lure him away from Wall Street, his professional home for more than eight decades, has died. He was 102.

Bloomberg News reports that he died Saturday at home in New Rochelle, New York, his daughter, Nancy Glickenhaus, said by telephone. He worked until the day of his death, managing his investments.

Friday afternoon, “at 4:15, I told him the P&L for the day,” his daughter said. “He kept insisting there was some news on some of the shipping stocks.” Later, “he went to bed and he didn’t wake up,” she said.

From his start as a messenger at Salomon Brothers & Hutzler in the run-up to the 1929 stock-market crash, to his stewardship of Glickenhaus well into his 90s, Glickenhaus witnessed ups and downs that younger colleagues learned about from books. As senior partner and chief investment officer, he reported daily to his firm’s midtown Manhattan office and oversaw four other money managers, including his son, James.

To access the complete Bloomberg News article hit the link below:

Seth Glickenhaus, Investor With Long-Term View, Dies at 102

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