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At 105, Al Gordon (MBA ’25) remains an active investor in a career that began before the Crash of 1929. According to a Bloomberg News article (Seattle Times, September 10, 2006), Gordon, the former chairman of Kidder, Peabody, is currently bearish on U.S. stocks, in part because of the country’s huge national debt. He prefers shares of companies such as Canada’s EnCana, Wal-Mart de Mexico, and Petróleo Brasileiro. “At least three-quarters of whatever I own is foreign stocks,” Gordon revealed.
Former Goldman Sachs cochairman John Whitehead (MBA 11/’47), recalling Gordon’s 65 years on Wall Street , said, “Work hard and never give up, those were very valuable lessons I learned from trying to compete with Al.” Another Gordon lesson is the key to longevity. Known for long city walks and for climbing the stairs in skyscrapers, Gordon took up marathoning at age 81 and attributes his long life to exercise and at least nine hours of sleep a night.
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