Ignatius Teichberg (April 15, 1923 - January 10, 2006) was a stock broker, investment analyst[1] and financial columnist known as Igo ("pronounced 'ego'").[2]
After 27 years of working for others, having made his reputation on "his stock picking prowess,"[3] he had a firm with his name and "Teichberg's Market Strategy, a newsletter[4] that specializes in scouting takeover targets."[5]
Career
editHaving been an employee during a 27-year period at four brokerage firms, he acquired a small firm which he renamed Teichberg, Loeb, Waxman & Rabinowitz.[2] His employers included
- Edward Viner & Co. (vice president)[6][7]
- D. H. Blair Company[8]
- Gruntal & Co. (his last employer,[2] at which he was "vice president and director of the institutional" research department[9])[10]
Columnist
editHis column at The New York Post, for which circulation "increased by 10% on the day it appeared,"[3] gave him publicity that was described by Business Week as "fraught with potential conflict of interest" yet they explained his clean record with "says he doesn't play the market himself" and that most of his brokerage clients "do not own stocks recommended in the Post."[2]
Biography
editBorn in pre-World War II Poland, his pre-New York path included Romania, and West Berlin. "Teichberg emigrated to New York City in 1952 and five years later became a junior stock analyst."[2] Much later he was quoted as saying that "stock picking is an art, not a science."[3]
He, his son Jonathan Benzion and his wife Charlotte (née Hanft) lived in Forest Hills.[3]
References
edit- ^ "Stocks decline in light trading". The New York Times. February 8, 1975.
- ^ a b c d e Anthony Bianco (September 23, 1985). "'Igo' sure can pick stocks: just ask him". Business Week. pp. 86–87.
- ^ a b c d Gerald Harris (January 5, 2017). "The Jewish Genius of Wall Street: Remembering 'Igo' on his 11th Yartzeit" (PDF). Queens Jewish Link. p. 49.
- ^ Gene G Marcial (February 13, 1995). "Heinz Would Be A Saucy Target". Bloomberg News.
.. his weekly market letter that he faxes to his clients
- ^ Gene G Marcial (September 25, 1995). "Is That GE In The Rearview Mirror?". Bloomberg News.
- ^ Alexander R. Hammer (June 7, 1975). "Stocks in a Mixed Close; Trading Continues Active". The New York Times.
- ^ Douglas W. Cray (August 21, 1975). "Stock Gauge Falls to Lowest Level Since April 11". The New York Times.
- ^ "Outcome of Voting on Ending of Coal Strike Awaited". The New York Times. December 3, 1974.
Ignatius Teichberg, vice president of the D. H. Blair Company, said in an interview that ...
- ^ Alexander R. Hammer (April 1, 1979). "The Markets". The New York Times.
- ^ "A. T. & T. Leads Stock Advance". The New York Times. September 18, 1976.
according to Ignatius Teichberg, vice president .. Gruntal & Company.
External links
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