Professional Life
From 1917 to 1919, he was US Navy during World War I; rising from boatswain to lieutenant. From 1921 to 1922, he was Research assistant for an economist at National Bank of Commerce, New York (now part of JPMorgan Chase Bank, National Association; see NYS banking history here). On August 9, 1924, he married Elise Marguerite Firor (b. Mar 22, 1898 - d. 22 June, 2001). In 1928, he advised private clients in investments. From 1950 to 1958, he was Limited partner, Newman & Graham Ltd. (an unregulated hedge fund). From 1958 to 1959, he was General partner, Graham-Newman & Co. (a regulated investment trust formed in 1929).
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