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Tue, December 3, 2024

4 life and investing lessons from NYSE icon Art Cashin, dead at 83


Published on 2024-12-03 12:31:08 - Thomas Matters, WOPRAI
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  • The man known as the dean of the New York Stock Exchange has left the building for the last time, but investors still have the benefit of decades worth of his accumulated wisdom, which he shared in daily dispatches and innumerable appearances on CNBC.

Art Cashin, a legendary figure on Wall Street known for his deep market insights and colorful commentary, passed away at the age of 83. His career, which spanned over six decades, began at Thomson McKinnon before he moved to Paine Webber, and eventually settled at UBS where he became the director of floor operations at the New York Stock Exchange (NYSE). Cashin was renowned for his daily market updates, often filled with historical anecdotes and market wisdom, making him a beloved figure among traders and investors. His contributions to the financial world included not just his market analysis but also his mentorship, teaching many about the nuances of market behavior. His passing was marked by tributes from colleagues and market participants who remembered him for his humor, knowledge, and the invaluable lessons he imparted about life and investing, such as the importance of understanding market history, maintaining a sense of humor, and the value of personal relationships in business.

Read the Full MarketWatch Article at:
[ https://www.marketwatch.com/story/4-life-and-investing-lessons-from-nyse-icon-art-cashin-dead-at-83-26ebf7e0 ]
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