The world’s greatest investors: Anne Scheiber

After suffering big losses in the 1930s due to poor advice from her stockbroker, Anne Scheiber took direct control of her investments.

Anne Scheiber, who was born in 1893, studied at secretarial school before working as a bookkeeper. She later graduated from George Washington University with a degree in law.

In 1924 she took a low-level auditing job at the Internal Revenue Service, retiring in 1944. Over the next 51 years she lived an anonymous life in a rent-controlled apartment in New York. When she died in 1995 she made headlines by leaving an estate valued at $22m to Yeshiva University in New York.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri