Wall Street: Accent on Youth

"I had observed that a lot of guys who were idiots made millions of dollars. With my background and the confidence that I wasn't an idiot, I figured that I could do as well and get rich."

That philosophy prompted 26-year-old Lawrence Rosenthal to set up shop as a Manhattan investment banker. Six years later, at a ripe old 32, Rosenthal is a multimillionaire, and his L. M. Rosenthal & Co. has become a phenomenon in the clubby world of investment banking that is dominated by venerable firms led by partners who are...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!