04 Aug 2014 Time-Tested Advice for Long-Term Investors ( Portfolio )

There is no family on Wall Street like the Kahns. Kahn Brothers, which was founded in 1978 and today manages almost $1 billion, has produced superb results. From the start of 2000 through the end of March 2014, its stock picks returned 11% annualized, beating Standard & Poor's 500-stock index by an average of 7.8 percentage points per year. Founder Irving Kahn is, at 108, the world's oldest money manager...