Wednesday, April 22, 2009

In Memoriam

Today my long time friend and colleague Mike Epstein passed away. His very long career as a stock trader transitioned to a visiting scholar at MIT's Sloan School of Management where he had been passing his massive accumulated knowledge to his "children" (his grad students).

Mike was both a mentor, protector and something between a father and an older brother. His stories about Wall Street were endless. His knowledge about everything from trading to obscure indicators was amazing. For example, the market peaked every time the NYSE expanded or did construction. Whenever chatter in the locker room at Harvard Business School was about huge salaries grads were expecting the market tanked. He could have written a book.

Not to mention his work at the MTA Educational Foundation.

A truly unique and honest voice has been silenced.

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