“This 14-year-old Florham Park, New Jersey, resident might well be on his way to running his own fund. He trades his own account, and has an advisory role helping to steer the endowment at Newark Academy in Livingston, New Jersey, where this fall he’ll enter the ninth grade. This precocious trader got started at age 11, when he bought a handful of shares of his local thrift, Peapack-Gladstone Bank, with money he had saved. Since then, he’s up more than 90 percent on his personal principal, and still holds those shares of Peapack. ’They have very few non-performing loans and pay a nice dividend,’ he says of his first investment.” Yes, the Trader Monthly “30 Under 30” list is back. Wall Street, Palm Beach, white-collar prisons, this is your future. [Trader Daily]
