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Herb Lust

Markets and Philosophy

Herb Lust is a highly experienced investor and financial professional with a diverse and fascinating background. Here's an overview of his career and notable aspects of his life:

Professional Career

Herb Lust is the Founder of Herbert Lust Advisory, based in Stamford, CT.23 He is recognized as:

  • An extremely talented investor and portfolio manager
  • A professional with decades of financial markets experience
  • An individual with an extensive network of accomplished investors2

Prior to founding his advisory firm, Lust held a position at Odeon Capital Group.3 He is particularly known for his expertise in distressed investing and sales.

Educational Background

Lust's educational background is quite diverse:

  • Studied Philosophy and Art History
  • Earned an MBA
  • At age 21, he became the youngest person ever to receive a Master's degree from the University of Chicago
  • Was awarded the university's first Fulbright Scholarship to study in Paris1

Art Collector and Patron

Beyond his financial career, Herb Lust is renowned as an extraordinary art collector:

  • His collection has been described as one of the most eclectic in history
  • He developed close friendships with artists like Alberto Giacometti and Robert Indiana
  • Lust has made significant contributions to the art world, including a major gift to the Hirshhorn Museum4

Personal Background

Born in Chicago in 1926, Lust's early life was marked by interesting experiences:

  • His father was a Yale Law School graduate from Jewish aristocracy
  • His mother came from a working-class background
  • He grew up on a famous dog farm in Indiana1

Philosophy on Collecting

Lust's approach to collecting art is summed up in his own words: "Always buy what you love."1 This philosophy has guided his diverse and eclectic collection.

Herb Lust's life story is a fascinating blend of finance, art, and intellectual pursuits, making him a unique figure in both the business and art worlds.

Highlights

Sep 14 · linkedin

If you have work to do, don't wait to feel like it; set to work and you will feel like it.

Henry James

Sep 14 · linkedin

The ultimate question is this: how much money can I extract from the company? If I can take enough money out of the company in three years so that I own the company for free, then that is a good investment.

Related Questions

What inspired Herb Lust to start Herbert Lust Advisory?
How did Herb Lust's background influence his career in finance?
What are some notable achievements of Herb Lust in the financial industry?
How did Herb Lust's experience at Odeon Capital Group shape his advisory firm?
What types of investments does Herbert Lust specialize in?
Herb Lust
Herb Lust, photo 1
Herb Lust, photo 2
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Location

Stamford, Connecticut, United States