High Finance: The Intel-Capitalists

HIGH FINANCE

Fred Stein arrived on Wall Street in 1957. His assets: nine years in the merchant marine, two years in the Army, a high school equivalency diploma and a voracious appetite for reading. An Army buddy had introduced him to Gerald M. Loeb's Battle for Investment Survival, and Stein was hooked. He read every stock-market book that he could find, and landed a position as a $50-a-week clerk. Then he shifted from job to job in several Wall Street houses, always moving up.

Last week Stein, now 41, became chief executive of a...

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