Interview  |  MAY 2001

Interview: Samuel Eisenstadt Of Value Line by David Penn and John Sweeney

Disproving The Efficient Market Theory Samuel Eisenstadt Of Value Line For more than 50 years, Samuel Eisenstadt has been one of the major reasons for the phenomenal success of Value Line, Inc., developers of the Value Line Ranking System. Eisenstadt is research chairman, senior vice president, and a director of the company, and his primary areas of responsibility include the application of various quantitative methods to securities valuation and forecasting. A frequent lecturer on Value Line techniques to business school audiences and financial analyst societies, Eisenstadt has successfully debated prominent efficient market proponents and was a pioneer in challenging their thesis that the markets could not be beaten. Staff Writer David Penn interviewed Eisenstadt on October 16, 2000. This interview first ran in the January/February issue of Working Money, The Investors’ Magazine, our companion publication. On February 14, 2001, STOCKS & COMMODITIES Interim Editor John Sweeney updated the interview.

by David Penn and John Sweeney