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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.