This week on our Masters in Business interview, we speak with Paul Desmond of Lowry’s Research. He began at Lowry’s right out of the U.S. Army in 1964 and has been there ever since, currently running the place. (Lowry’s is the oldest continually operated technical research firm in the United States).
Desmond is the winner of numerous awards, including the prestigious Charles H. Dow award for his research on identifying market tops and bottoms. He has become known as a technical analyst’s technical analyst.
Perhaps the most surprising part of the interview was how he ended up both finding Lowry’s a half century ago and became their head of research. As a contemporary of people like Joe Granville, he has terrific anecdotes about the days when market gurus ruled the land.
Next week, we speak with Mario Gabelli of Gabelli Asset Management.