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On Monday, more than 230 people packed into the Foreign Correspondents Club (FCC) for an emotional farewell to David Webb, the city’s most prominent activist investor, whose website has defended retail investors for 27 years.
Diagnosed with an aggressive metastic prostate cancer, Webb gave what is likely to be his final appearance at the FCC. He was given a standing ovation at the start and end of his presentation.
In November 1988, he established Webb-site.com, a non-profit platform to promote better corporate and economic governance.
“In February, I started an orderly shut-down,” he said. “The repository became available on May 1, with a back-up of the data over the years. I hope others will take over. I will die confident that I made a contribution.”
All those posing questions praised him for improving the rights of investors and the operations of the stock market.
Born in Britain in August 1965, he had by 1998 earned enough money so that he did not need to work again. This was thanks to many talents.
https://www.ejinsight.com/eji/article/id/4082999/250513-David-Webb-says-emotional-goodbye-after-27-years