Occupation Investment management Name Louis Yaeger | ||
Died May 11, 1981, Palm Beach, Florida, United States | ||
Education Columbia Business School | ||
Louis Yaeger ( – May 11, 1981) was an American investor. He was a quiet, behind-the-scenes Wall Street operator who made a fortune during the bull market of the Fifties.
Biography
Yaeger graduated Phi Beta Kappa from Columbia University in 1921 having studied business and finance. He worked as an accountant and subsequently became an auditing agent for the IRS. He left in 1923 and went to work as a bond salesman in New York City, eventually becoming an investment counselor.
In the 1940s, Yaeger gave up his investment consulting business and focused on his own account. Yaeger dealt with several brokerage firms in New York including H. Hentz & Co, his account was at one point the largest that firm had maintained for a US citizen.
He died in Palm Beach, Florida.