Gerald M. Loeb

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. He was the author of the books The Battle For Investment Survival His brother, Sydney, was born on December 14, 1903. Solomon was a wealthy wine merchant from New Orleans. Dahlia was the daughter of Herman M. Levy, a wealthy merchant who made his fortune selling goods to miners during the California gold rush and the Comstock Lode silver rush in Nevada. 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. A local train struck the smoking car of a Southern Pacific Railroad (SPR) train after the SPR train's engineer ignored the stop signal at the intersection of two tracks, killing several people in the car. SPR paid Dahlia and her children an $8,000 settlement split evenly among the three. The deaths of Loeb's father and grandfather made his mother very wealthy.

Loeb was afflicted with polio around the time of his father's death.

Loeb graduated from Lowell High School in San Francisco.

Career and writing Loeb began his career in 1921, working in the bond department of a securities firm in San Francisco. 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 Stock Market Profits as a follow-up to his original book where he depicted the market as a battlefield. 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. Lobree.