Stock Groups

Michael Price, well-known value investor, dies at 70 -Breaking

by Mike Robinson

[ad_1]


NEW YORK (Reuters] – Michael Price was a prominent value investor who ran MFP Investors. The firm released a statement Tuesday. Price was 70 years old.

Price, who had been suffering from a prolonged illness, died Monday, as per the email statement sent by Timothy Ladin to Price’s general attorney.

Ladin stated that “He was a legend investor, Philanthropist, great mentor to all of us,”

Fortune magazine published a 1996 article describing Price as Wall Street’s most important value investor. He was credited with the creation of Chemical Bank and Chase Manhattan.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages caused by relying on this information, including the data, charts, or buy/sell signal, contained in this site. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]