A Tribute to Bennet Sedacca
By Todd Harrison Mar 17, 2009 4:44 pm
Minyanville mourns a tragic loss.
The Sedacca family is deeply moved by the outpouring of love and support from the Minyanville community, and has asked that donations made in Bennet’s honor go to the Ruby Peck Foundation for Children’s Education.
It is a profoundly sad day in Minyanville as we mourn a tragic loss.
Today we said goodbye to a member of our family, one of our best and brightest, a good friend, a loving husband, a caring father and one heck of a talented professor.
I spoke with Bennet Sedacca last night, as we did most every day. The topics ranged from the state of the credit markets and the implications for equities to the upcoming NCAA basketball tournament and our plans to vacation at his new home at Haig Point.
At the end of the conversation, he said to me, “I can count my brothers on one hand and you’re one of them. You have no idea how much I love Minyanville -- how much I love our community -- it’s part of my family, it’s one of the things I’m most proud of.”
I told him the feelings were mutual - that he helped more people than he could possibly imagine, that his proverbial pebble rippled far and wide, that he affected positive change through the selfless sharing of his financial acumen.
I am blessed to have had that conversation, for it would be our last.
This morning I awoke to an email from his partner and close friend, Rob Roy: “Bennet slipped on the stairs last night and suffered a brain injury that he will not survive. We are waiting for family to arrive before his life support is removed.”
I sat up in bed and rubbed my eyes. My mother slipped on stairs the day before and broke her ankle. Surely I was dreaming, commingling 2 emails into one, confusing one situation with another. I read it again. The message was the same. I called Rob, who confirmed my worst fears.
For those who read Bennet, the takeaway was simple: He was wicked smart, a master of the credit markets and extremely proud of his name and word. He was early in seeing the financial mess, as evidenced by his front-and-center presence in House of Cards, the recently released book that will serve as a tribute to his acumen.
Those who knew Bennet will remember an acerbic wit wrapped around a heart of gold. He was a tough cookie who demanded the best of himself and those around him, and was never shy about expressing his opinion. We used to joke that we were both massively misunderstood, which is likely why we understood each other so well.
We often say that it should never take something bad to make us realize we’ve got it good. We honor that process when we “Do Something Joel” (a random act of kindness), reference it when reflecting on September 11th and pay tribute through The Ruby Peck Foundation.
I discussed this a lot with “Blue Steel,” and he got it - more than most. He was the first to cut a check for our philanthropic efforts and was a persistent presence at our events, always drawing a crowd.
The ‘Ville is a community, and we genuinely care for one another and take pride in watching each other’s back. When one of us hurts, we attempt to ease the pain. If one of us is in need, we try to shoulder the load. When the going gets tough, our human capital are the ties that bind.
We like to say Minyanville is comprised of people who are very good at what they do and better at who they are. Bennet never stopped working at either.
If the greatest wisdom is bred as a function of pain, we now have another reason for remembrance, another poignant perspective, another opportunity to live our lives and take nothing for granted. My grandfather once told me that time is the most precious commodity and that has again -- and unfortunately -- proved true.
Bennet was one of a kind and there aren’t words that will ease the pain of his family and friends. I will simply say to his wife Nancy, his son Michael and his daughter Katie that, for as long as there is a Minyanville, you will never, ever be alone.
Rest in peace, my friend. I love you, and you will most certainly be missed.
No positions in stocks mentioned.
Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2009 Minyanville Media, Inc. All Rights Reserved.
(308)
Reply
2009-03-17 16:47:22
Good bye and Thanks Bennet
I really enjoyed his commentary, plus he made me some money with his insightful picks. Rest in peace, and beams to his family and friends.
2009-03-17 16:49:25
Awful
I read Bennet a lot, and had correspondence with him. Being just an hour away, it was like having a friend near by. This a tragic loss, and although I never met him, he certainly will be missed. My prayers go out to his family and friends
2009-03-17 16:53:15
I was just bragging about Bennet on NPR the other day. This is a huge loss. My condolences to his family and personal friends.
2009-03-17 16:57:56
You were the best
Thank you Prof. Sedacca for all you gave us. May you rest in peace.
2009-03-17 16:58:05
When Todd first posted in the morning, I immediately knew in my gut who it was going to be. Of course disaster always seem to strike the best and brightest. Professor Sedacca was an extremely well informed and articulate person. He will be missed. My condolences to his family and friends as well, and may he rest in peace.
2009-03-17 16:59:07
true loss...
and having read bennet for even such a short while, a true gain, thanks to his efforts...
my heartfelt sorrow and prayers to his family and friends....
my heartfelt sorrow and prayers to his family and friends....
2009-03-17 16:59:08
loss of a great mind
When Bennet wrote, I read carefully, word by word. He is so great and insightful. It's too bad we lost him.
2009-03-17 17:00:07
What tragic news. He was definately one of the must read writers at the 'ville. My family's thoughts and prayers go out to his family. May he rest in peace.
2009-03-17 17:05:12
Reading him for a while & got to know him a bit in Vail at MIM3. A wonderful wit and a passion for knowledge. Such a shame. Rest in peace my friend.
2009-03-17 17:08:01
Stunned and saddened
I never had the privilege of meeting Bennet, but whenever i talked about the 'ville and the most insightful and even headed professors his name was front and center. That a man who has been so uncannily accurate in the last couple of years; calling the market turns to perfection, who was on top of his game and held in the highest regard by so many, can be taken away so suddenly is truly tragic. It feels unjust. And serves as another sharp reminder about making sure we have our priorities right in this world. My thoughts go out to his family and friends.
2009-03-17 17:08:22
What an enormous loss...
Remember ribbing him in Vail for being so gloomy on the markets. He was spot on of course. By God, Bennet, you will be missed. Requiescat in pacem, frater.
2009-03-17 17:13:51
Had a bad feeling when Todd mentioned he was heading south rather than west. I really enjoyed reading Bennett's writing while learning at the same time. My thoughts and prayers go out to his family.
2009-03-17 17:14:22
Great Teacher
In all honesty, I could say I learnt more about markets from Bennet than any one else.
It is from Bennet, I learnt how to read the market more closely.
As they say, the influence of a great teacher never stops. I could not think of a better teacher than Bennet.
It is very tragic, to lose a great teacher at a very young age.
May god give his family strength at this time.
Very sad.......
---Radhe
It is from Bennet, I learnt how to read the market more closely.
As they say, the influence of a great teacher never stops. I could not think of a better teacher than Bennet.
It is very tragic, to lose a great teacher at a very young age.
May god give his family strength at this time.
Very sad.......
---Radhe
2009-03-17 17:16:34
Bennet Sedacca
His post was an important part of helping to get thru this tough market. Each day he passed to us some timely information and insight. He told it like it was and was right on. Life is not fair and he has been taken from us much too early. May he rest in peace and his legacy live on. My thoughts and prayers go out to his family.
2009-03-17 17:17:16
tragedy
Wow, I feel like I've lost a true friend as well. He added so much insight to the Ville. It is truly a gigantic loss. My heart goes out to his family and loved ones. Such a tragedy is deserved by no one.
Rest in peace, Bennet. You will be missed.
Rest in peace, Bennet. You will be missed.
2009-03-17 17:19:06
Thanks
Thanks Bennet for the education and guidance.
Condolences and prayers to his family. May he rest in peace.
Condolences and prayers to his family. May he rest in peace.
2009-03-17 17:21:19
While I didn't know Bennet personally, I never missed any of his Buzz posts or his articles. I hope his family knows how much we respected him and appreciated his help. Todd, please give them all of our condolences.
It is unfortunate that it takes something like this to remind us how fragile life is. I am going to go home, hug my family, and I am going to enjoy this day. Godspeed Bennet.
It is unfortunate that it takes something like this to remind us how fragile life is. I am going to go home, hug my family, and I am going to enjoy this day. Godspeed Bennet.
2009-03-17 17:23:04
God Bless You Bennet
through my tears and prayers, I admired your courage and conviction. JV
2009-03-17 17:24:43
What a brilliant mind. I'm thankful he took the the time to contribute to this community.
My condolences to his family.
My condolences to his family.
2009-03-17 17:27:19
What a inmense loss...
What a talented man, what a writer, we thank his family for the many hours that Bennet spent in order to guide we all.
2009-03-17 17:31:08
Bennet
I just went back through Bennet's most recent posts, and his words were familiar, like an old poem that I reread over and over. His legacy will be that, tidbits of insightfullness, strong convictions, spot-on market insights and all with that special brand of humor. It is my loss that I never met Bennet, it is a loss to all of us that he leaves so early. My love and thoughts to all of his family and friends--peace to you, Bennet***
2009-03-17 17:31:24
Thank you Professor Sedacca
What a terribly tragic accident. I am so very, very sad to hear of this loss. It seems trite to try to express how much I appreciated his intellect and writing, or how much I learned from reading him. I would just like to express my deepest sympathies to his friends and his family. He was a great Professor to me and I will miss him. And I am sorry for those closest to him, whom I know lost so much more.
2009-03-17 17:31:52
I never met Ben. However, since I have always considered his contributions as some of the best the Ville could offer, I had planned to meet him in Florida during my next visit to the States. That won't happen. I can only say, from the unique mix of intelligence, irony and accuracy that transpired from his commentaries, that he must have been a truly exceptional person. Let me express my deep sadness for his loss to all Minyans, his family and all his friends.
Requiescat in pacem.
Requiescat in pacem.
2009-03-17 17:33:39
A Great Teacher
Ben taught me as much about the credit markets as Todd Harrison has taught me about the equity markets. His insights kept me out of more trouble than I can remember. For years, I would counter his negative outlook with evidence from the equity market that things just weren't that bad. But every time, Ben turned out to be right. I finally gave up trying to fight him and started learning from him. I now check the credit markets every day which is quite a feat for an equity jockey like me. I think it would behoove all Minyans to re-read Ben's writings and incorporate his thought process into your own investing style. The man was a great teacher and will be sorely missed.
2009-03-17 17:35:45
I am in shock. The guidance and education he bought to me helped me guide my clients through this financial catastrophe successfully. His brilliance, as well as, ALL MV writers have touched more lives then just their subscribers. I cannot express how thankful I am for having MV and I will truly miss his wisdom. My condolences go out to his family and to MV for their loss.
2009-03-17 17:39:57
Caring for this loss...
Thousands of candles can be lit from a single candle, and the life of the candle will not be shortened. We can only be said to be alive in those moments when our hearts are conscious of our blessings. The gratitude I have for having shared communication with Mr Sedacca helps me appreciate and have an awareness of each day. The life and spirit he has shared will endure always and forever. Strength and grace...thank you Bennet Sedacca,
2009-03-17 17:39:59
This is heartbreaking. Bennett was my first official friend in Minyanville. I always knew that whenever something written by him crossed the Buzz, I should waste no time in reading it. His pieces always had such great value. My thoughts and prayers go out to his friends and family.
2009-03-17 17:43:32
Like many others have said, Bennett was on my must read Professor list. Truly insightful and a great writer. The world is always a lesser place when good people pass. In his honor, I will step up even more my efforts to educate the masses in the sense of financial literacy and more importantly in the sense of community by pointing them to Minyanville.
2009-03-17 17:49:13
Rest in peace...Bennet, we will miss you
My prayers go out to Bennet, may you rest in peace. My deepest sympathies go out to his family. I hate it when one of the good guys is taken from us, especially at such a young age. During times like this, men of his character will be missed.
2009-03-17 17:51:28
Tragic
Bennet was simply the best. Of all the people I read, across all the net, he was the best.
My prayers go out to his family. May you rest in peace.
My prayers go out to his family. May you rest in peace.
2009-03-17 17:51:48
This is a terrible loss, my condolences to his friends family and colleagues. He gave good advice freely and generously, clearly keen to educate those he was writing for. MV is the poorer for this.
2009-03-17 17:51:57
Bennet was on my must read list. I hung on every word he wrote.
What a great guy. He will truly be missed. I am thankful to have known him via Minyanville.
My thoughts and prayers to his family.
What a great guy. He will truly be missed. I am thankful to have known him via Minyanville.
My thoughts and prayers to his family.
2009-03-17 17:58:18
Bennet Sedacca
My thoughts and prayers go out to Bennet and his family, we are only promised today and not tomorrow, his legacy is what he has done for his fellow man and for those of us who read him he was a giant among men.
Dennis
Dennis
2009-03-17 18:00:54
I'm saddened to hear this news. He made Minyanville what Minyanville is. His insights and articles that even non-investment folks like me can understand will be truly missed.
My thoughts and prayers to his family and friends.
My thoughts and prayers to his family and friends.
2009-03-17 18:01:42
I am speechless. Absolutely speechless. I had the honor of meeting Bennet at MIM and will never forgot our great talk. I thoroughly enjoyed reading him and talking with him via email. I counted him as the brightest of the ville. He will be missed.
2009-03-17 18:02:02
His intelligence, insight, and generosity will be sorely missed in Minyanville. I learned a lot from what he wrote. I always knew when his name came up in the "Buzz & Banter" that it was going to be something good.
This is very sad turn of events. My best to his family during this difficult time...we will hold you in our thoughts and prayers.
This is very sad turn of events. My best to his family during this difficult time...we will hold you in our thoughts and prayers.
2009-03-17 18:04:52
A blessinig
Bennet is a true blessing to us all. I am sorry for our loss, but very grateful for his presence in Minyanville.
Sincere prayers for his family and friends.
2009-03-17 18:07:13
I greatly valued his commentary.
My condolences to his family and friends. May he rest in peace.
My condolences to his family and friends. May he rest in peace.
2009-03-17 18:08:11
Thanks for everything
Thank you for teaching me all you did, for your time, for always having a big smile every time you swung by MVHQ. On this sad day, I'm truly speechless but will always keep you in my prayers. My condolences go out to Nancy and your kids, whom I know you loved dearly and are so proud of. You will be missed more than you know.
May the road rise up to meet you,
May the wind be ever at your back
May the sun shine warm upon your face
And the rain fall softly on your fields
And until we meet again, May God hold
you in the hollow of His hand.
May the road rise up to meet you,
May the wind be ever at your back
May the sun shine warm upon your face
And the rain fall softly on your fields
And until we meet again, May God hold
you in the hollow of His hand.
2009-03-17 18:08:46
Quote that says it all about Bennet
“You can shed tears that he is gone,
or you can smile because he has lived.
You can close your eyes and pray that he'll come back,
or you can open your eyes and see all he's left.
Your heart can be empty because you can't see him,
or you can be full of the love you shared.
You can turn your back on tomorrow and live yesterday,
or you can be happy for tomorrow because of yesterday.
You can remember him only that he is gone,
or you can cherish his memory and let it live on.
You can cry and close your mind,
be empty and turn your back.
Or you can do what he'd want:
smile, open your eyes, love and go on.â€
David Harkins quotes (British Poet)
or you can smile because he has lived.
You can close your eyes and pray that he'll come back,
or you can open your eyes and see all he's left.
Your heart can be empty because you can't see him,
or you can be full of the love you shared.
You can turn your back on tomorrow and live yesterday,
or you can be happy for tomorrow because of yesterday.
You can remember him only that he is gone,
or you can cherish his memory and let it live on.
You can cry and close your mind,
be empty and turn your back.
Or you can do what he'd want:
smile, open your eyes, love and go on.â€
David Harkins quotes (British Poet)
2009-03-17 18:08:50
numb from the news
i had to slap myself to make sure this wasn't a nightmare. a deep void is now present within me. just the other day i was thinking how it would be like for Minyaville to no longer have Ben contributing. my prayer to his family and all who were close to him.
2009-03-17 18:11:29
Terribly sad loss
Bennet was one of my favorite and most helpful reads - I was hoping it wasn't him, but a bad feeling and his lack of post today gave my stomach a nasty turning. Seeing this headline sent it down to my feet, where it remains.
During busy trading days there's not always time to read every post as it appears, but if I saw Bennet's name on the little bug thingy near the bottom of my screen I MADE time, as I knew his words could easily require a rethink of whatever strategy I was currently using. Amazingly accurate, he was, and his style delightful.
This is the second time I've lost someone whose writing I read so consistently every day that it felt like the loss of a friend - the first was Bill Meehan, Sr. on 9-11. I'm picturing them talking bonds together right about now :)
Bennet - dang...it was so very nice "knowing" you. To your family and friends my deepest heartfelt sympathies. RIP, man, and thanks.
During busy trading days there's not always time to read every post as it appears, but if I saw Bennet's name on the little bug thingy near the bottom of my screen I MADE time, as I knew his words could easily require a rethink of whatever strategy I was currently using. Amazingly accurate, he was, and his style delightful.
This is the second time I've lost someone whose writing I read so consistently every day that it felt like the loss of a friend - the first was Bill Meehan, Sr. on 9-11. I'm picturing them talking bonds together right about now :)
Bennet - dang...it was so very nice "knowing" you. To your family and friends my deepest heartfelt sympathies. RIP, man, and thanks.
2009-03-17 18:13:30
Thanks
This is very shocking. Bennett was on my must read list. His advice was based on sound fundamentals, solid reasoning and wealth of experience. His words provided clarity in a world of disillusioned financial commentators.
My thoughts goes to his family, family & colleagues.
My thoughts goes to his family, family & colleagues.
2009-03-17 18:15:20
Our thoughts and prayers are with the family today. He will be missed.
2009-03-17 18:16:27
Bennet Sedacca
I read the post with disbelief and shock. Having dried my tears, I wanted to say that I am one of the "Ripples in the Pond" touched by Bennet Sedacca through the 'Ville.
Aside from being a phenomenal blog contributor whose keen insight guided my investment decisions and understanding of the financial universe, his personality shone through in his posts.
His untimely death at an age near mine reminds me of the uncertainties we are surrounded by and often blatantly ignore to our own peril.
Not having known Bennet Sedacca personally, I would still like to extend my condolences to his family.
I will sincerely miss his points of view and value the time I spent learning from him.
Aside from being a phenomenal blog contributor whose keen insight guided my investment decisions and understanding of the financial universe, his personality shone through in his posts.
His untimely death at an age near mine reminds me of the uncertainties we are surrounded by and often blatantly ignore to our own peril.
Not having known Bennet Sedacca personally, I would still like to extend my condolences to his family.
I will sincerely miss his points of view and value the time I spent learning from him.
2009-03-17 18:16:37
Oh, No
Bennet was one of the good guys. I am so saddened. He touched me. I don't know what to say.
2009-03-17 18:24:40
Bennet
Very Sad, Our thoughts are with you Bennet and your family.
Regards
Pete Sutherland
Regards
Pete Sutherland
2009-03-17 18:28:43
The sun will come up tomorrow...but it won't be quite as bright.
Our prayers and condolences to Bennet's family and friends.
Our prayers and condolences to Bennet's family and friends.
2009-03-17 18:29:55
So sad and shocking...
I thought he was the smartest trader on Minyanville (perhaps equaled only by the increasingly-rarely-seen Mr. Practical), and I so looked forward to reading his comments every day. My heart goes out to his family.
2009-03-17 18:38:08
Very sad
Wow,
A true "WTF" moment.
I can not begin to express my sympathies to the family!
A true "WTF" moment.
I can not begin to express my sympathies to the family!
2009-03-17 18:38:46
Bennet
Brilliant, funny, insightful and most of all, incredibly generous. Bennet shared freely with all of us. I'm going to miss him.
2009-03-17 18:39:36
He will be missed
I looked forward to reading his comments every morning and I made a point to never miss one. It seems I learned something new every time, and I benefited immensely from his insights.
He will be missed. My condolences to his family and friends.
He will be missed. My condolences to his family and friends.
2009-03-17 18:48:29
bennet sedacca
My thoughts and prayers are with his family.
I was lucky to have known him through the Minyanville commmunity, and he will truly be missed
I was lucky to have known him through the Minyanville commmunity, and he will truly be missed
2009-03-17 18:53:55
I was always looking forward to what Bennet Sedacca was writing. He was one of the best.
My thoughts and prayers go to him and his family.
My thoughts and prayers go to him and his family.
2009-03-17 19:01:14
Very sad day indeed
His comments were always insightful and I truly enjoy reading him. A great teacher, he will be sorely missed.
My thoughts and prayers goes to his family and friends
My thoughts and prayers goes to his family and friends
2009-03-17 19:04:36
Bennet
God Bless and thank you for challenging me and the Minyanville community to peel the onion...you have truly made a difference.
2009-03-17 19:07:52
From The Sedacca Family
Reading through all of these comments that were left, I am simply at a loss for words. I know my father is looking down upon us all right now, and guiding us through these next few trying years. Today has been an extraordinarily trying day, to say the least, and seeing these words of care and respect reminds me of why I loved him as a father, and a friend. I know, that with the help of all of you, he will never be forgotten. I know that he genuinely loved helping all of you, he would be simply amazed to know how many people he touched with his words. We as a family appreciate every word of kindness that has been written here. Thank you all, from the bottom of my heart.
Bennet's Son,
Michael
Bennet's Son,
Michael
2009-03-17 19:09:32
Bennet was one of my favorites reads on Minyanville. He made a difference in my financial acumen and he will be missed.
My thoughts and prayers go to him and his family.
My thoughts and prayers go to him and his family.
2009-03-17 19:12:48
Made me want to puke and cry!
When I saw Todd's words this morning about a "tragic accident", for some reason, I instantly thought of Bennet and hoped it didn't involve him since he was my favorite MV Prof. In fact, a month ago I emailed Todd recommending a Prof. "Batting Average" or some sort of stat-keeping to see who had the best calls/predictions - I felt that Bennet would've had the highest percentage of correct calls.
Like many have said, his posts were "must reading" since his insights were truly special. He was like those old E.F. Hutton commercials, when he spoke, I listened!
And now with his passing I feel a sad, strange void that makes me feel somewhat alone. I'll truly miss his advice and can only imagine how those who knew him personally are feeling right now. My thoughts and prayers go out to his family (especially his wife and children) as well as to all of his friends. God rest his soul.
Like many have said, his posts were "must reading" since his insights were truly special. He was like those old E.F. Hutton commercials, when he spoke, I listened!
And now with his passing I feel a sad, strange void that makes me feel somewhat alone. I'll truly miss his advice and can only imagine how those who knew him personally are feeling right now. My thoughts and prayers go out to his family (especially his wife and children) as well as to all of his friends. God rest his soul.
2009-03-17 19:17:56
I am just a newbie to MV, reading for about a year and I found Bennett Sedacca to be one of my favorites for his sharp insight and humble demeanor. When I have recommended associates to MV, I had a short list of "must read" professors and he was on it. A loss to the world as a whole, but I feel enriched for his words and perspective and through MV they will help others. Godspeed.
2009-03-17 19:19:18
Hard to Believe
Requiem æternam dona eis . . .
I just read his work this week!
Condolences and prayers to his family.
I just read his work this week!
Condolences and prayers to his family.
2009-03-17 19:25:05
From The Sedacca Family
Thank you Michael. To share some of yourself at a time such as this tells us you are very much your fathers son. Blessings to you and your entire family. We all care.
2009-03-17 19:25:32
Professor Sedacca
I always read prof Sedecca with great interest. It is always hard for me to understand when life is snuffed like a candle. God bless.
Prof Waggoner
Prof Waggoner
2009-03-17 19:26:23
Bennet Sedacca
My condolences to his family; words can not express how much the financial community in general, and this community, in particular, will miss him.
Bennet touched many people in his short life, and all of us have benefited significantly because of him.
Bennet touched many people in his short life, and all of us have benefited significantly because of him.
2009-03-17 19:27:18
A Minyan Master and Straightshooter
I cannot express in words my shock and sadness as to the loss of Bennet.I never met him in person but we exchanged several emails he was a kind and smart cookie.I come from a blue collar background but Bennet was always available to answer and help even during his busy schd.He was my Bond guy regular read as any ship needs ballast and balance this man gave that to the minyanville community.My sincere condolences to his family.The man was an outstanding compass in a world of storm.Sincerely,John Tunstall
2009-03-17 19:28:51
Deepest sympathy
I always read his writings and am devastated. His family is in my prayers. Frank
2009-03-17 19:34:51
What a tragic loss - Bennet was an extremely competent professor graciously willing to share his ideas. His skills but more importantly his willingness to give back will be greatly missed. My earnest prayers for his family and close friends - thank you for sharing him with us.
2009-03-17 19:35:01
My condolences to his family, although I have never met him in person I feel as though I did thru his writings, what a great man, he will be sorely missed.
2009-03-17 19:42:20
How special must a man be that the news of his death hits you as if he was a dear friend when you have only read his words.
2009-03-17 19:43:27
The guy was brilliant, I always read his writings and learned from them, Extremely saddened to hear about this. God bless Bennet and his family.
2009-03-17 19:43:46
A great tragedy - he will be missed by a great many people
I never actually talked to Ben Seddacca, so i only knew him through his writings. He was one of the 'must reads' here, and not only for me as far as I'm aware.
It's very sad indeed to learn that he won't be with us anymore.
My heartfelt condolences to his family and friends.
It's very sad indeed to learn that he won't be with us anymore.
My heartfelt condolences to his family and friends.
2009-03-17 19:43:51
Bennet
Stunned - snatched in the prime of his life.
His prescient writings seemed to be wise - far beyond his years.
A smart man, a good man.
I cannot even imagine the trauma to his family, given the circumstances.
Darshak Mehta
Sydney
His prescient writings seemed to be wise - far beyond his years.
A smart man, a good man.
I cannot even imagine the trauma to his family, given the circumstances.
Darshak Mehta
Sydney
2009-03-17 19:45:56
terrible loss
I did not know Bennet personally, but he certainly touched my life. I've always traded my own ideas, but Bennet seemed to have an amazing feel for the intermediate term. Once in a while he would have a post with a fair bit of irritation showing through, and that was always an intermediate top, and once in a while he would get a little bullish, and that was always an intermediate bottom.
I lost everything in the tech bubble, but in the past few years I have made it all back and then some, a life-changing sum, and the 'Ville and Bennet in particular were like having a kind spirit beside me on the journey. I know there was much more to this man than having a "good feel", and just as I am grateful for his company on this particular journey, I believe he was a man that I'd want to have at my side on any difficult journey. Somehow, Bennet's spirit will always be there at the cusps.
I lost everything in the tech bubble, but in the past few years I have made it all back and then some, a life-changing sum, and the 'Ville and Bennet in particular were like having a kind spirit beside me on the journey. I know there was much more to this man than having a "good feel", and just as I am grateful for his company on this particular journey, I believe he was a man that I'd want to have at my side on any difficult journey. Somehow, Bennet's spirit will always be there at the cusps.
2009-03-17 19:48:40
He will truly be missed
Thank you Bennet for using your time and energies for such good. You were truly one of the lights in the vast darkness. We all learned so much from you. I am sorry we never got the chance to meet in person, but I, as many have been touched and improved by merely your words.
Words cannot express the sadness for this loss. Condolences of me and my family to the Sedacca family and Minyanville community.
Words cannot express the sadness for this loss. Condolences of me and my family to the Sedacca family and Minyanville community.
2009-03-17 19:48:53
I am very sorry to hear about this tragedy, I am also a new member of this community and he was one of the sharpest writers and a must read. He always challenged me with his writings. I will certainly miss his intelligent comments.
Thank you professor bennet sedacca for sharing your wisdom.
Thank you professor bennet sedacca for sharing your wisdom.
2009-03-17 19:53:36
Thank you so much
Though we never met but through email, Prof. Sedacca touched my life in a profound way, as I know he did for so many others. My thoughts and prayers go out to his family and friends.
You will be greatly missed, sir.
You will be greatly missed, sir.
2009-03-17 19:53:41
A Great Mind
Though a relative newcomer to the MV community, I ALWAYS wanted to know what Bennet Sedacca was saying. I learned so much in such a short time from his thoughts and posts and he will be dearly missed. My deepest condolences to his family.
2009-03-17 19:55:56
Bennet; truly shocking and tragic loss.
I just read Todd's post and I was stunned at the news. I am not very good at posting on websites but I wanted to add my condolences to his family for this truly shocking loss.
I never met Bennet but I communicated frequently with him in the past. As an ex fund manager, I have known fairly smart managers and also selfishly have thought of myself as a pretty good investor and trader. However, I was always impressed with Bennet's calls and analysis. He was accurate on so many topics that I can hardly recall all but I distinctly remember his call on housing top, FXI and commodities. Who can forget his big win calling the TLT top right to about 3-4 days before it collapsed? He played it with TBT long at the bottom when so many, at competing websites, had tried to unsuccessfully short TLT right from 105. Then recently his prescient call to buy the market.
I communicated with Bennet fairly frequently in 2007 and 2008. Even reviewed the prospectus of his new fund and gave my two cents worth feedback. He was always thoughtful in his analysis and his responses. After that I moved from San Diego to New York and lost touch with him during that time. Just yesterday as I bought SKF for a trade, minutes later I saw Bennet's post that he was buying SKF and I thought to myself great, I am in good company that I should e-mail him; but did not get around to it. As Todd always says we need to take the oppotunity to communicate with people we like/ admire when we can before it is too late. I regret having lost touch with him and am sorry I never got an opportunity to meet him; but I never missed reading any of his insightful columns and calls. I am saddened by this tragic loss and will miss not seeing his posts on Minyan. The 'Ville has lost a very important voice. My deepest condolences to his family.
I never met Bennet but I communicated frequently with him in the past. As an ex fund manager, I have known fairly smart managers and also selfishly have thought of myself as a pretty good investor and trader. However, I was always impressed with Bennet's calls and analysis. He was accurate on so many topics that I can hardly recall all but I distinctly remember his call on housing top, FXI and commodities. Who can forget his big win calling the TLT top right to about 3-4 days before it collapsed? He played it with TBT long at the bottom when so many, at competing websites, had tried to unsuccessfully short TLT right from 105. Then recently his prescient call to buy the market.
I communicated with Bennet fairly frequently in 2007 and 2008. Even reviewed the prospectus of his new fund and gave my two cents worth feedback. He was always thoughtful in his analysis and his responses. After that I moved from San Diego to New York and lost touch with him during that time. Just yesterday as I bought SKF for a trade, minutes later I saw Bennet's post that he was buying SKF and I thought to myself great, I am in good company that I should e-mail him; but did not get around to it. As Todd always says we need to take the oppotunity to communicate with people we like/ admire when we can before it is too late. I regret having lost touch with him and am sorry I never got an opportunity to meet him; but I never missed reading any of his insightful columns and calls. I am saddened by this tragic loss and will miss not seeing his posts on Minyan. The 'Ville has lost a very important voice. My deepest condolences to his family.
2009-03-17 19:56:12
Too sad. I can only imagine the loss for those who knew him personally. His writing and presence at Minyanville meant so much. He conveyed such fine integrity...
2009-03-17 19:58:27
Unbelievable
Shocked is too timid a word to describe my feeling when I read of the loss of Bennett Sedacca, one of Minyanville's must read writers. He will be sorely missed.
2009-03-17 19:59:07
White light to the Sedacca family - see you on the other side Bennet ...
2009-03-17 19:59:18
You will truly be missed
Bennet was a great professional, and from what I hear, a great person...I offer my deepest condolences to his family and friends.
Rest in peace Bennet, and thank you for your contributions...
Rest in peace Bennet, and thank you for your contributions...
2009-03-17 20:01:07
Brilliant professor, will truly be missed
I always made it a point to read Bennet's comments and truly valued his insightful analysis. I am very sorry to hear this tragic loss and sure Minyanville community will miss his expertise.
Thanks you Bennet Sedacca for sharing so much wisdom on topics that are truly important and for speaking & sharing the facts so selflessly.
God speed, our prayers are with your family and may you find peace.
Thanks you Bennet Sedacca for sharing so much wisdom on topics that are truly important and for speaking & sharing the facts so selflessly.
God speed, our prayers are with your family and may you find peace.
2009-03-17 20:04:57
what a great man
When I read about Bennet's passing, I felt as if I'd lost a close friend. I am still in shock. We all know how exceptionally talented he was and how much he cared for the Minyanville community. Bennet was a great person who was gracious enough to talk with me on the phone a couple times when I had questions. What a generous man. I admire his writings and knowledge and hope to someday be at "his level", both professionally and personally.
Bennet will not be forgotten and my condolences go out to his family. Thank you Bennet for how much you have helped me.
Bennet will not be forgotten and my condolences go out to his family. Thank you Bennet for how much you have helped me.
2009-03-17 20:07:00
Bennet Sedacca
My condolences to his family. He was an expert on the credit crisis and a must read on minyanville. Bennet, I hardly knew ye, yet you will be sorely missed.
2009-03-17 20:09:03
Toddo
You are the best.I was once a full subscriber to your site. I am now going to reup beause it is clear to me with Bennet's untimely passing that you really have created a community of which I want to participate. I am a TBond trader and I very much enjoyed Bennet's insight.
2009-03-17 20:14:26
Shocked and bewildered.....
He was a favorite of mine. My condolensces to the family and friends. He was a VERY wealthy man indeed....not only brilliant, but poignantly articulate....a rare combination. I am sure his wish for all of us would be that we continue to learn, reflect, communicate, and connect....this is his true gift to all of us, by example.
2009-03-17 20:14:30
From The Sedacca Family
Hello Michael,
Thank you for your post. My thoughts an prayers are with you and your family. I will miss your father for the rest of my life but I will remember and pass on everything he taught me.
God Bless
Thank you for your post. My thoughts an prayers are with you and your family. I will miss your father for the rest of my life but I will remember and pass on everything he taught me.
God Bless
2009-03-17 20:20:34
Bennet
Profound thanks for all you gave. My thoughts and prayers are with you and your family in the aftermath of this tragedy.
2009-03-17 20:22:14
Knowing Bennet only from reading his articles over the last couple of years, he was one of my favorite professors... I never missed an article. My condolences to his family, friends, and Minyanville community.
2009-03-17 20:24:21
My heartfelt condolences to Mr. Bennet Sedacca's Family and everyone in Minyanville. Bennet's written words had gravity. Thank you for the education and the time.
Rest and live in peace.
Rest and live in peace.
2009-03-17 20:27:44
Professor Sedacca
Your brilliant market insights will be missed. I even named a portfolio after you based on your picks. Professor Sedacca, now that you are on the other side please pray for us that we will make it safely through this economic storm. Your "watching over us" is always appreciated whether in this or the after-life.
2009-03-17 20:29:12
From The Sedacca Family
Michael,
I am so sorry for your loss. Bennet was must read for my friends and family and we will also suffer for his loss to us, just as we prospered from his writings. This is just like losing Tanta at Calculated Risk blog. Again my sincere condolences.
I am so sorry for your loss. Bennet was must read for my friends and family and we will also suffer for his loss to us, just as we prospered from his writings. This is just like losing Tanta at Calculated Risk blog. Again my sincere condolences.
2009-03-17 20:30:46
My sincerest condolences to Bennet's family and friends.
I will certainly miss his contributions to the 'Ville.
I will certainly miss his contributions to the 'Ville.
2009-03-17 20:30:48
Stunned
Bennet was one of my favorite professors on this site because i learned a lot from him, especially on the fixed income markets. His insight, intelligence, and candor will be sorely missed. My thoughts and prayers go out to his family.
2009-03-17 20:33:57
Thanks
I will surely miss all of the insight that Bennet shared with us. Thanks for unselfishly leading us by so well by example.
2009-03-17 20:35:50
I am stunned and sorry...
My condolences and prayers go out to his friends and family
2009-03-17 20:36:52
so sad
Bennet taught me a lot, and definitely helped me understand more about the mechanics of the markets. There are only a handful of people that I've really listened to when it came to investing and he was one of them. Bill Meehan was another. They shared a lot with us and I will always appreciate it. Thanks to them and to minyanville.
2009-03-17 20:41:48
My prayers go out to the Sedacca family. He was one of the most intelligent contributors to the site and I will greatly miss his insights and opinions.
2009-03-17 20:48:54
Todd
Todd I am so sorry for your loss. I know that human capital is your most important asset.
Rest well
Terryo
Rest well
Terryo
2009-03-17 20:50:36
Bennet Sedacca
I've been talking to Bennet for the better part of two years now -- he enhanced my knowledge of the markets immeasurably, and I enjoyed understanding the measure of his assessments of the various companies that eventually went bankrupt -- companies he referred to either as "toast" or "the walking dead" or "insolvent," and those were among the kinder words. Last week he wrote an email mentioning his bullish position on equities, and I told him I thought he'd be out of the market by lunch. It actually lasted three days -- after which he took profits, and then went back to telling me his concerns about GE Capital. A gruff guy, but also very smart, I'll miss speaking to him.
David Gaffen
WSJ.com
David Gaffen
WSJ.com
2009-03-17 20:54:28
I can't believe it
This is terribly sad.
I've been reading Bennet and quoting him on financial matters for quite a while now. He was the only financial analyst I listened to. His character and passion really came through in his writing. I certainly expected and looked forward to reading his work for years to come.
Truly a tragic loss. My deepest condolences for his family. Peace.
I've been reading Bennet and quoting him on financial matters for quite a while now. He was the only financial analyst I listened to. His character and passion really came through in his writing. I certainly expected and looked forward to reading his work for years to come.
Truly a tragic loss. My deepest condolences for his family. Peace.
2009-03-17 20:56:10
When I saw Bennet's picture next to an article, I automatically clicked on the article regardless of the title because I knew it would be intelligently written and I would learn something. I offer my my sincere condolences to his family and his colleagues.
2009-03-17 20:56:59
Bennet
Bennet is gone….
….we are left behind.
It should be a crime……
….when men like him….
....say goodbye before their time.
It was too quick……
…. just like his wit.
I honor him with a tear ….
….and hold his advice dear.
G Larson
Bennet is gone….
….we are left behind.
It should be a crime……
….when men like him….
....say goodbye before their time.
It was too quick……
…. just like his wit.
I honor him with a tear ….
….and hold his advice dear.
G Larson
2009-03-17 20:58:36
Bennet Sedacca
We shall all remember his very insightful comments. My prayers are for his family at this sad time. I pray that they will receive the strength to go forward after such a tragic time in their lives.
2009-03-17 21:01:44
Bennet Sedacca
My prayers go out to Bennet and his family and to his friends and colleagues at Minyanville. His generosity in sharing his wisdom and insight and in buying into the Minyanville ethos distinguish him. I will miss him as will many in the Minyanville community and beyond. May God bless him and his family.
Paddy
Paddy
2009-03-17 21:07:55
A terrible loss of a wonderful person and talent
This came as a deep shock to me, today. Professor Sedacca was far too young to die and my prayers, thoughts and heart goes out to all his family and friends grieving and missing him. The world is a colder and less sunny place without his wit, intelligence and superb talent.
2009-03-17 21:15:45
I'll miss someone I never met in person
I never had the honor and pleasure of meeting Bennet in person I feel I knew him in some way from reading his work. I'm going to miss the insight, wisdom and bits of good humor. My thoughts go out to his friends and family. DKB
2009-03-17 21:18:04
Even though we never met, when you look forward to reading someone's writings everyday it becomes more than words on page. It becomes a conversation. Bennet, I will miss our daily chats. Thank you for not cheating us Minyans by being honest and sharing from the heart. The flag in Minyanville flies at half-staff, good and faithful professor.
2009-03-17 21:19:24
Rest in Peace, Mr. Sedacca. Thank you for sharing your brilliant mind with us Minyans. You will be missed.
2009-03-17 21:23:00
Rest In Peace Bennett
Having been a Minyan for awhile, I have had the pleasure to have learned from his insight. He made me a better studen of the markets and I thank him every day and will continue to remember him as his teachings will live on. Bennett may you have a peaceful life in the afterlife and may you look down upon us in this unprecedented time and guide us smartly as we deal with the day to day challenges...it is nice to know we have another GOOD ANGEL in Bennett to look over us now.
Matt Maciejewski
Bloomington, IL
Matt Maciejewski
Bloomington, IL
2009-03-17 21:23:19
I was shocked to read the e-mail from Todd. Bennet was the most astute writer on Minyanville. I always felt he was correct. I will miss him. Life just doesn't seem fair at times like these. God promises he is with us even during very difficult times like this. Jeff
2009-03-17 21:23:22
May the good Lord grant your family and friends the strength to bear this great loss and may you find comfort and peace in the great beyond.
May the candle in the window help you find your way.
So long.
May the candle in the window help you find your way.
So long.
2009-03-17 21:29:16
Bennet Sedacca
I've read him for years and one thing I can say from all that is that he was good real good. He will be sorely missed. He will always be in my eyes one of the very few people in the world that got it right.
My heart is with his family, friends.
My heart is with his family, friends.
2009-03-17 21:34:33
All the best
Bennet,
Best wishes mate. We'll miss you and will pray for you and your family.
Best to all Minyans,
Jason
Best wishes mate. We'll miss you and will pray for you and your family.
Best to all Minyans,
Jason
2009-03-17 21:34:46
Bennet - a real professor
Can begin to put into words the shock. I learned so much from Bennet's wisdom, and I've read everything he wrote for the last few years. My thoughts and prayers go out to his family and friends who are grieving his loss. We really need more men like Bennet, and I'm thankful to Minyanville for giving me the opportunity to share in his integrity.
2009-03-17 21:35:45
Bennet Sedacca
Bennet stood tall among those who stand tall. His presentation of the macro picture was a work of Art. I found quite often it was good measure to read his articles twice. The tragedy of his unexpected passing bears witness as to how dear are the times and relationships we share in this time and space.
My condolences go out to Bennets' family
My condolences go out to Bennets' family
2009-03-17 21:41:45
A Great Professor
I thoroughly enjoyed his writings and learned a great deal about the workings of the market and the world in general. I will miss looking for his tagline. To his family, my sincere condolences during this most difficult time and my prayers and thoughts are with you all.
2009-03-17 21:42:24
There are no words to express this feeling of profound personal loss. Bennet was brilliant in his work, but his motivation in being here on the 'ville, and guiding all of us outshone every other facet of his personality. He touched countless lives and empowered so many people... that will always live on.
I wish his family peace and courage to endure this raw anguish. We are all in stunned grief at this profound loss.
I wish his family peace and courage to endure this raw anguish. We are all in stunned grief at this profound loss.
2009-03-17 21:44:09
Minyanville lost a great one. I miss you, Bennet. I can't imagine the loss for his family.
Ecclesiastes 3:1-8
Ecclesiastes 3:1-8
2009-03-17 21:45:27
condolences
I am very sorry to hear this news. A sage advisor, who will be sorely missed by many he never met. Deep condolences to Bennet's family at the sudden loss.
God Bless.
God Bless.
2009-03-17 21:48:18
Condolences and Community
Words truly do fail at moments like these, but Bennet chose his well and bear repeating:
"“I can count my brothers on one hand and you're one of them. You have no idea how much I love Minyanville -- how much I love our community -- it's part of my family, it's one of the things I'm most proud of.â€
It's a tribute to a man with proper values and it's a tribute to a vision for a place that could draw such a man into its circle. This is truly a remarkable place, he recognized that and poured his heart into it. We are all the better for him, his wisdom, and this flourishing community. I offer my deepest condolences to the Sedacca family for this sudden and tragic loss, and that they may find comfort in the rememberences here. I have been priveleged to witness the seeds of this community from Toddo's earliest days at Realmoney, He often spoke of "getting it". It is clear from this outpouring of generous and sympathetic spirit that those seeds have taken root and are flowering. From Bennet's perch, he now sees a garden, it is for the rest of us to keep it growing and to double our effort in tribute. My thoughts are with his family and friends, may you find some measure of comfort here.
"“I can count my brothers on one hand and you're one of them. You have no idea how much I love Minyanville -- how much I love our community -- it's part of my family, it's one of the things I'm most proud of.â€
It's a tribute to a man with proper values and it's a tribute to a vision for a place that could draw such a man into its circle. This is truly a remarkable place, he recognized that and poured his heart into it. We are all the better for him, his wisdom, and this flourishing community. I offer my deepest condolences to the Sedacca family for this sudden and tragic loss, and that they may find comfort in the rememberences here. I have been priveleged to witness the seeds of this community from Toddo's earliest days at Realmoney, He often spoke of "getting it". It is clear from this outpouring of generous and sympathetic spirit that those seeds have taken root and are flowering. From Bennet's perch, he now sees a garden, it is for the rest of us to keep it growing and to double our effort in tribute. My thoughts are with his family and friends, may you find some measure of comfort here.
2009-03-17 21:49:06
Bennet Sedacca
My prayers go out to Bennet's family.
I looked forward to his posts every day. He was like a sentinel, giving a heads up to all on events and circumstances he saw that I, for one, wouldn't know to look for.
At the Festivus, I spoke with him about his opinion on MBS and despite never having met the man previously, and being new to the MV community, he took the time to talk to me and share his wisdom.
Thanks Bennet, you'll be missed.
I looked forward to his posts every day. He was like a sentinel, giving a heads up to all on events and circumstances he saw that I, for one, wouldn't know to look for.
At the Festivus, I spoke with him about his opinion on MBS and despite never having met the man previously, and being new to the MV community, he took the time to talk to me and share his wisdom.
Thanks Bennet, you'll be missed.
2009-03-17 21:49:33
What he taught me will last a lifetime.
Best wishes to his family,
Peter Kramer
Best wishes to his family,
Peter Kramer
2009-03-17 21:52:24
Bennet Sedacca
Warmest wishes to the mourning family and community. I will miss Bennet's insightful analysis.
2009-03-17 22:03:08
Bennet
I never met Bennet only through emails. Traded every idea he posted . Last week eem and ewj , this week skf. Yesterday I did so well with his skf pick I tried to email him to thank him but lost my way on Minyanville to do that. My thoughts are with him and my deepest sympathy to his family...he will be missed
2009-03-17 22:05:03
I am forever grateful to have had the opportunity to learn from such a talented professional. Like others have mentioned here, I read everything he posted. I communicated with him a few times via email. The fact that he would take time out of his busy day to answer questions from a faceless stranger, to help a faceless stranger, speaks volumes. Thank you Bennet. I will miss his presence here. Peace to his family and friends.
2009-03-17 22:05:11
Bennet Sedacca
In a world where good advice so very rare, Bennet was the best. His passing brings tears to my eyes. My prayers go out to his family who must miss him terribly.
Dan Pence
Dan Pence
2009-03-17 22:09:17
Bennet Sedacca
My heartfelt condolences to the Sedacca family and to the Minyanville staff. I will sadly miss his sage advice. Like so many of us, we didn't know Bennet personally, but we knew him. My thoughts and prayers are with his family and his thoughts will always be with me.
2009-03-17 22:12:46
Though I did not have the opportunity to know Bennet, I learned a great deal from his postings on Minyanville. His incredible intelligence and savvy market commentary always seemed to be accompanied by a humanity to which we should all aspire.
My condolences to the Sedacca family for your sudden and tragic loss. I hope you draw comfort from the remembrances here (this reflects one of the many reasons Minyanville is truly a unique community). As someone who also lost a family member way too soon, I understand the pain you are feeling and offer you my sympathy at this very difficult time.
Kindly,
Bill Robb
My condolences to the Sedacca family for your sudden and tragic loss. I hope you draw comfort from the remembrances here (this reflects one of the many reasons Minyanville is truly a unique community). As someone who also lost a family member way too soon, I understand the pain you are feeling and offer you my sympathy at this very difficult time.
Kindly,
Bill Robb
2009-03-17 22:14:53
Shock, Sadness, Disbelief, Dismay
and at a loss for words. I only "knew" Mr. Sedacca from his writings here, but he was a must read for me - his writings were full of integrity, courage and wisdom.
an unspeakable loss.
deepest sympathies to his family, friends and the Minyanville community.
an unspeakable loss.
deepest sympathies to his family, friends and the Minyanville community.
2009-03-17 22:18:47
I only knew him through his writings on the Ville and his generous responses to some e-mailed questions yet I feel the impact of his passing as though he was a kind and respected friend. For a man to have such an impact through his writing alone he must have been a wonderful person indeed, wishing his family and friends solace and white light in this tough time.
2009-03-17 22:20:46
a tragic loss
A profoundly sad day indeed.
Bennet was always one step ahead. His first hand knowledge of the credit markets gave him that unique perspective.
We will sure miss Bennet's generous and irreplaceable light.
Bennet was always one step ahead. His first hand knowledge of the credit markets gave him that unique perspective.
We will sure miss Bennet's generous and irreplaceable light.
2009-03-17 22:22:12
Goodbye "foamlinedaddy" - we will miss you terribly
Whenever the markets got most confusing the "foamlinedaddy" IM handle was always there to share a clarity of thought which few can aspire to. To say he was "special" at what he did does not begin to describe how bright Bennett was. And as Toddo said, that was not even Bennett's best side. His smile lit up the room. Thanks for your friendship foamlinedaddy, we will miss you terribly.
2009-03-17 22:27:55
Bennet Sedacca Sorrow
Mr. Harrison and all Minyans, Woodshedder and some of the others at Ibankcoin.com send condolences at this loss.
The best wishes to all, especially Bennetts family.
KMA
The best wishes to all, especially Bennetts family.
KMA
2009-03-17 22:32:46
This man was truly special. Todd's words hit so hard I could only say, oh no, no. Bennet's column shone light and added to our collective wisdom. My deep condolences to his family.
2009-03-17 22:35:39
Bennet tribute
I looked forward to Bennet's post everyday day on the Buzz. His insight and honesty both educated and saved me plenty. Why is it that we always seem to lose the best of us way too early?
I can't believe it, what a shock and a tragic loss.
To his family: my prayers and thoughts will be with you, I wish I could do more to help you through this time. Bennet will never be forgotten by the Minyans of this world, a true testament to the values he stood for.
Mike Thompson
I can't believe it, what a shock and a tragic loss.
To his family: my prayers and thoughts will be with you, I wish I could do more to help you through this time. Bennet will never be forgotten by the Minyans of this world, a true testament to the values he stood for.
Mike Thompson
2009-03-17 22:37:31
My Condolences to the Sedacca Family
My deepest sympathy goes to Bennet Sedacca's family and friends. His writings always had a huge influence on how I managed my own investments. Whenever I saw that he had contributed a new article to minyanville, I eagerly read it. From these articles, I could tell he had a great deal of integrity, intelligence, and independence. Bennet, you will be missed; thank your contributions to minyanville.
Sincerely,
Steve Allscheid
Sincerely,
Steve Allscheid
2009-03-17 22:41:50
tragic loss
A tragic loss for the MV community. Tough for Toddo to lose an MV "brother" like that. As Toddo would say, tomorrow is promised to no one; and lotsa white light to the Sedacca family.
2009-03-17 22:46:42
Bennet Sedacca
All too early the good ones leave us. Best wishes to the family, know that Bennet is in a better place.
2009-03-17 22:50:38
I Stared In Disbelief - Not Another Before Their Time
I cannot believe that I have now lost another "favorite" - who has guided me like a father does his son. Sir Isaac Newton said "If I have seen further it is only by standing on the shoulders of Giants." - I have enlightened my understanding of this world to by standing on those shoulders - Mr. Bennet Sedacca.
I stare in disbelief because I've now seen many of my giants (mentor writers)laid to rest - Bill Meehan and Jim Seymour.
Mr Sedacca was one of the contributors here at 'Ville that I always looked for first. It still shocks me to the core when another soul is wrenched from our community without any warning.
But that all pales in comparison to the family and close friends who are joined to Bennet by the closest of our human bonds - love and friendship.
I wish his family and friends the courage to weather this ill-borne wind of change brought upon them. Our condolences and prayers are with you to heal this wound.
In some small way may they know that Bennet's life has grown exponentially through those that embraced his wisdom and thoughts.
We Stand Upon the Shoulder's of Giant's - All of Us!
I stare in disbelief because I've now seen many of my giants (mentor writers)laid to rest - Bill Meehan and Jim Seymour.
Mr Sedacca was one of the contributors here at 'Ville that I always looked for first. It still shocks me to the core when another soul is wrenched from our community without any warning.
But that all pales in comparison to the family and close friends who are joined to Bennet by the closest of our human bonds - love and friendship.
I wish his family and friends the courage to weather this ill-borne wind of change brought upon them. Our condolences and prayers are with you to heal this wound.
In some small way may they know that Bennet's life has grown exponentially through those that embraced his wisdom and thoughts.
We Stand Upon the Shoulder's of Giant's - All of Us!
2009-03-17 22:53:13
how heartbreaking
I am so very stunned and sad and still cannot believe this actually happened. It's extremely hard to lose someone like Bennet. My wife and I learned a great deal from him and had very high respect for his talent and integrity. He will be missed dearly and will always be in our hearts and memories. My deepest condolences to all of his family and friends.
Rest in peace, Mr. Sedacca.
Rest in peace, Mr. Sedacca.
2009-03-17 22:54:08
Bennet
My condolences to the Sedacca family and to all the Profs at Minyanville.
2009-03-17 23:09:29
When you read something online or talk to someone, sometimes you get the feeling that the other person really knows what they are talking or writing about. I certainly did not have the fortune of speaking to him in person but that is the feeling that I got when I started reading posts from Bennet Sedacca on Minyanville last year. My feeling proved to be real true and his posts, among others, from minyanville helped me in understanding and preparing for the present financial crisis. I will definitely miss his words of wisdom. My heart felt condolences to the Sedacca family. May he rest in peace.
2009-03-17 23:13:05
Thank you Bennet...
Although I never met him, I owe Bennet a great debt of gratitude for the things he taught me here in the 'Ville and for the clarity of the thoughts he expressed. I am saddened beyond measure by this tragedy.
My sincerest condolences to his family and to those who loved him like family.
My sincerest condolences to his family and to those who loved him like family.
2009-03-17 23:15:50
Bennet Sedacca
The heartfelt eloquence of our minyan family is a shinning testament to the to the life and loss of Bennet. I truly can not express my condolences and sympathies to Bennet's familly, Todd and our minyan faithful any better than those preceding this comment. My heart aches ...
Requiem aeternam dona eis, Domine,
et lux perpetua luceat eis.
Ruby you have a hellava friend entering the communion of the good souls....
Requiem aeternam dona eis, Domine,
et lux perpetua luceat eis.
Ruby you have a hellava friend entering the communion of the good souls....
2009-03-17 23:17:17
While your departure saddens me beyond words, I remain grateful for being touched by your wonderful heart. You and others professors in this wonderful community inspired us, taught us and became the mentors we all needed. We will all continue your legacy by doing the same for others. Rest in peace Bennet, you were truly a gift to this world.
2009-03-17 23:24:01
bennet sedacca
A tragedy and a loss to all of us. Condolences to his family and friends. I will miss his articles which I always read.
2009-03-17 23:27:06
I never spoke with Bennet but had a few email converdations with him over the past couple years. Beyond his awesome knowledge and wit what struck me was his caring. His writings always showed that he cared deeply about his audience and he wanted to help them see the risks. He will be greatly missed.
2009-03-17 23:33:57
Bennet
Bennet,
Thank you for sharing your opinion and knowledge. I am shocked and sad. We never met nor spoke but I feel as if I have lost a friend. My condolences go out to your immediate family and friends.
Mario
Thank you for sharing your opinion and knowledge. I am shocked and sad. We never met nor spoke but I feel as if I have lost a friend. My condolences go out to your immediate family and friends.
Mario
2009-03-17 23:42:24
Very Saddened...
Bennet was always a must read for me. I have never been so affected by someone's passing that I didn't even know but, as a Certified Financial Planner, Bennet was a true rarity in the investment industry: one willing to tell the truth through careful and thoughtful analysis instead of just listening and believing to the Wall Street rhetoric that permeates through so much of the investment world. It's much, much too early to lose such an incredible mind. All my thought and prayers are with his family.
Stu
Stu
2009-03-17 23:43:34
Bennet
My heartfelt sympathies to Bennet's family and the Minyanville community for this tragic loss. I will greatly miss his wit and wisdom.
David
David
2009-03-17 23:43:55
I only knew Bennet through his commentary on Minyanville. I was impressed by his honesty and insightfulness. I always made it a point to read his commentary because I knew it would contain valuable information and that it would be information that I could trust. My heart felt condolences go out to his family and friends. I myself have experienced the same pain and sadness. I pray that the Lord will comfort you and guide you through this time of sorrow.
2009-03-17 23:44:34
the other side
We will sorely miss Bennet and his take on Life, the Market and Everything. We hold his memory in our hearts and his work in our heads.
"And in the end
the love you take
is equal to the love you make."
"And in the end
the love you take
is equal to the love you make."
2009-03-17 23:47:15
re: Bennet you will be
remembered for your brilliance. This is very sad news and I hold you and your family in my heart forever.
2009-03-17 23:52:25
Wow, what a sock and what a loss. My heart hurts for his family, especially his children. I always paid attention to his thoughts and insights. My deepest sympathies. Richard
2009-03-17 23:52:49
He was just a year older then I
He was just year older then I but far and away much brighter I always thought when I read his work which was when ever I visit the site. Like most I did not know him personally, but I feel like I lost a brother.
Bennet's passing is sad, but at the same it serves to remind us of what is really good in the world, and thus death serves a noble cause, one that fuels the flames of love that resides in all of us but is often left unattended due to life's demands, thus one never dies in vain.
We live with purpose and die with purpose.
Bennet, you are still the MAN.
Take care old friend, see in the new world. Peace.
Bennet's passing is sad, but at the same it serves to remind us of what is really good in the world, and thus death serves a noble cause, one that fuels the flames of love that resides in all of us but is often left unattended due to life's demands, thus one never dies in vain.
We live with purpose and die with purpose.
Bennet, you are still the MAN.
Take care old friend, see in the new world. Peace.
2009-03-18 00:08:30
Bennet kept me sane through 2007 and 2008... I have experienced this type of freak loss before. I am grateful that he experienced no pain and suffering, unlike those he left behind.
2009-03-18 00:20:46
Best wishes professor Sedacca. The last time my heart felt this heavy with sadness, it was 9/11. My deepest condolences.
Alex Tran
Alex Tran
2009-03-18 00:23:33
I am shocked and it will take for the news to really sink in as it is seems so
unreal at this point...he will be greatly missed on a lot of different levels...I am sure he will be remembered as the great person he was...My heart goes to his family!!!
Raul
unreal at this point...he will be greatly missed on a lot of different levels...I am sure he will be remembered as the great person he was...My heart goes to his family!!!
Raul
2009-03-18 00:37:33
A Tribute to Bennet Sedacca
My deepest condolences to Bennet's family, friends and all that knew him at the Ville. This is a very sad day indeed.
You'll be missed Professor Sedacca - thanks for all that you shared.
Gerry
You'll be missed Professor Sedacca - thanks for all that you shared.
Gerry
2009-03-18 00:41:38
My sincere condolences to Bennet's family, friends and the MV community. Never take the day for granted and never forget to give gratitude for another day.
"Live as if you were to die tomorrow. Learn as if you were to live forever" Mahatma Gandhi
Peace to all,
David
Colorado
"Live as if you were to die tomorrow. Learn as if you were to live forever" Mahatma Gandhi
Peace to all,
David
Colorado
2009-03-18 00:51:32
My heart feels so heavy with sadness. Professor Bennet will be missed and I am really thankful for all that he has shared. My deepest condolences to Bennet's family and friends.
2009-03-18 00:54:10
Fair Skies and Tailwinds Bennet,
I have told many people about MV over the years and one comment I have always made in the past two troubled years has been "There is this guy named Sedacca and he has been MONEY on calling the credit crisis."
I can only wish that I might have met him in person and wish the very best to his family and friends who will miss him much more than those of us who only knew him through the wisdom he wrote and shared with us, so that we could share it with others. You will be missed kind sir!
I have told many people about MV over the years and one comment I have always made in the past two troubled years has been "There is this guy named Sedacca and he has been MONEY on calling the credit crisis."
I can only wish that I might have met him in person and wish the very best to his family and friends who will miss him much more than those of us who only knew him through the wisdom he wrote and shared with us, so that we could share it with others. You will be missed kind sir!
2009-03-18 00:56:58
My deepest sympathies!
Todd,
The older I get, the more sickness and disease I see in friends and family.
And that is something lately that has opened my eyes to the "live for today" philosophy.
But...
To see someone gone in a poof - leaves me at a loss for words.
:(
Is there a fund set up for his family?
T.G.
The older I get, the more sickness and disease I see in friends and family.
And that is something lately that has opened my eyes to the "live for today" philosophy.
But...
To see someone gone in a poof - leaves me at a loss for words.
:(
Is there a fund set up for his family?
T.G.
2009-03-18 01:07:01
How sorry I am to hear Mr. Sedacca
's passing. My condolences to his family and friends - I'm sure that the Lord will cover them with peace and comfort. I'll say a prayer for all of you tonight that you'll be able to see God's Grace and goodness in this tragedy. God Bless
's passing. My condolences to his family and friends - I'm sure that the Lord will cover them with peace and comfort. I'll say a prayer for all of you tonight that you'll be able to see God's Grace and goodness in this tragedy. God Bless
2009-03-18 01:08:15
A Tribute to Bennet Sedacca
My God! I am speechless...
I joined Mynianville BECAUSE of Bennett's writings. A few months ago, somebody posted an excerpt from one of his articles somewhre else on the Web where I found it. I was blown away by the depth of Mr. Sedacca's analysis and his no-nonsense outlook on credit markets.
I saw Bennet's association with Mynianville and started lurking around, joining soon thereafter. When I completed my profile, I've made certain that Bennet's article get sent to my Inbox. I will miss his contributions on Buzz-and-Banter as well. I just quoted Bennet's point of view in the argument discussing marker outlook with a friend.
Why do the best and brightest have to leave us so soon?
He really helped me understand certain things about bond markets. His call (and how and why he made it) on shorting long-end of the curve last year was a final confirmation I needed to enter a very profitable trade I had had many doubts about.
My most sincere condolences to his family and friends. WHAT A COLOSSAL LOSS to anyone who knew the Man and his work.
I joined Mynianville BECAUSE of Bennett's writings. A few months ago, somebody posted an excerpt from one of his articles somewhre else on the Web where I found it. I was blown away by the depth of Mr. Sedacca's analysis and his no-nonsense outlook on credit markets.
I saw Bennet's association with Mynianville and started lurking around, joining soon thereafter. When I completed my profile, I've made certain that Bennet's article get sent to my Inbox. I will miss his contributions on Buzz-and-Banter as well. I just quoted Bennet's point of view in the argument discussing marker outlook with a friend.
Why do the best and brightest have to leave us so soon?
He really helped me understand certain things about bond markets. His call (and how and why he made it) on shorting long-end of the curve last year was a final confirmation I needed to enter a very profitable trade I had had many doubts about.
My most sincere condolences to his family and friends. WHAT A COLOSSAL LOSS to anyone who knew the Man and his work.
2009-03-18 01:27:04
What a shocking and tragic loss !!
We first met Bennett and Nancy at MIM3 at Vail. We had gone out to dinner with them and Todd.I was stuck most by his knowledge of the credit markets. I had told my wife at that time when we had enough money, he would be the person to invest with.
Over the years, I had read almost all his posts even late at night at this site and his own website and I am hard pressed to find someone as right as he has been.
Rest in peace, Bennett. Our hearts go out to nancy and the family.
We first met Bennett and Nancy at MIM3 at Vail. We had gone out to dinner with them and Todd.I was stuck most by his knowledge of the credit markets. I had told my wife at that time when we had enough money, he would be the person to invest with.
Over the years, I had read almost all his posts even late at night at this site and his own website and I am hard pressed to find someone as right as he has been.
Rest in peace, Bennett. Our hearts go out to nancy and the family.
2009-03-18 01:30:57
I was waiting all day for his post on how he's handling his SKF purchase. Unknown to him, we had our little daily conversations for a few years now. Well, given the vast knowledge gap of the credit markets seperating us, he was instructing really, but given his demeanor he never preached and left the desire for getting to know his views on other aspects of life. For me, he was the top intellect of Minyanland.
Thank you for sharing all you did. To you and the family you left behind I'd like to say you made a better man of a person you never met.
Thank you for sharing all you did. To you and the family you left behind I'd like to say you made a better man of a person you never met.
2009-03-18 01:58:34
The big guy upstairs must have wanted advice; and he wanted it from the best.
My sincere condolences to Bennet's family, friends and extended family at Minyanville.
My sincere condolences to Bennet's family, friends and extended family at Minyanville.
2009-03-18 02:09:56
My deepest condolences to Mr. Sedacca's family. I always looked forward to reading his comments and will miss his wise advice on the market. Rest in peace.
2009-03-18 02:23:58
oh man. Not Bennet Sedacca.
He will be missed. My condolences to his family.
He will be missed. My condolences to his family.
2009-03-18 03:05:13
May he rest in peace
I always looked forward to his contributions to the Ville through his articles and his comments on the Buzz. He was always months ahead of the talking heads on CNBC and even ahead of the White House, the Treasury Secretary, and the Fed Chairman. Now, he can see everything from above. My condolences to the Sedacca family.
2009-03-18 04:07:55
Bennet
Bennet was wise as well as right on the money. His wisdom will be missed by all. Truely this is a great loss to the Minyanville community as well as his family and friends. I miss his column for today and all the tommorrows to come.
2009-03-18 04:37:19
Bennett Sedacca
There really are no words. More than anyone his wisdom provided a guiding path in this past year. Though only privileged to know him from his writing, there is still a terrible sense of personal loss. I can only imagine how much pain you and all at Minyanville who knew him personally must feel. Our condolences to his family. May his name be blessed forever.
2009-03-18 04:51:19
This is the most awful loss. We all know that the financial industry is full of incompetent people and a few crooks. Wise, honest, generous, men like Bennet Sedacca are a great rarity.
Just recently out of the blue I received an email from Minyanville from Bennet asking me to be his friend. I thought that was a great honour. I will remember him.
Just recently out of the blue I received an email from Minyanville from Bennet asking me to be his friend. I thought that was a great honour. I will remember him.
2009-03-18 06:57:11
It is sad to see one of the good one go. My condolences to his family and to all the Minyanville community on this day.
2009-03-18 07:46:30
We lost one of the good guys with Bennet's passing; his wisdom and spirit will live on with those whose lives he touched. May he rest in peace. My thoughts and prayers are with his family.
2009-03-18 08:01:00
My Prayes our with his family. He was a must read and had valuable insight into the credit markets. He will be missed.
2009-03-18 08:04:57
It is difficult to convey the sadness that this news brings. My sincere condolences to his family, friends, and fellow Minyans. He will be greatly missed by us all.
2009-03-18 08:36:49
Thanks
Thanks to Bennet for sharing insights into the markets and thanks Minyanville for giving us an opportunity to get to know him.
2009-03-18 08:37:36
My thoughts and prayers go out to his family and loved ones. May they find the strength to deal with such a tragedy.
2009-03-18 08:38:40
I click on Minyanville this morning for my daily dose of sage advice--and the sagest has always been from Bennet--to find this chilling news.
I am numb.
I make a modest living in a field far from Wall Street--I'm a gardener!!!--but with Bennet's compelling reasoning these past few years my family has an intact retirement account and enough money in the bank to see us through tough times. Really, for the first time in my life I feel like I'm on secure financial footing, and I owe it all to Bennet.
I'm sure I'm one of many. He was so generous with the gifts he had, and he will never be forgotten.
Thank you, Minyanville, for allowing us to share time with a great man with a great mind.
I am numb.
I make a modest living in a field far from Wall Street--I'm a gardener!!!--but with Bennet's compelling reasoning these past few years my family has an intact retirement account and enough money in the bank to see us through tough times. Really, for the first time in my life I feel like I'm on secure financial footing, and I owe it all to Bennet.
I'm sure I'm one of many. He was so generous with the gifts he had, and he will never be forgotten.
Thank you, Minyanville, for allowing us to share time with a great man with a great mind.
2009-03-18 08:38:42
Deepest and Heartfelt Condolences
Indeed shocked to learn of his untimely demise. When Todd mentioned that a dear Minyan and friend had a fatal accident, I was full of anxiety as to the person concerned. I couldn't believe the shocking news this morning.
My deepest condolences to Bennet's family and Minyanland. May the Lord bless his soul and protects his family.
Chen
Malaysia
My deepest condolences to Bennet's family and Minyanland. May the Lord bless his soul and protects his family.
Chen
Malaysia
2009-03-18 08:48:12
Bennet Sedacca
A year ago or so, when I helped with a question that had been asked of Bennet, he sent me a personal thanks and a request to be one of his friends on the Ville. I was moved by this gesture as it showed me that on this site everybody matters, and everybody is respected. Death is an event we all share. This is a reminder. Only the good die young. Bennet, you left us way before your time and you will be missed. I too loved reading your contributions for their wisdom, metaphors, (such as your most recent Beatles Guide), and usefulness in interpreting the market action. I'm so sorry particularly for your private loved ones, but also for all of us. Your shoes will be tought to fill.
2009-03-18 08:56:56
May God Bless
All my thoughts and prayers go out to Bennet's family. His guidance and honesty about what was going on was spot on. God Bless.
2009-03-18 08:57:29
My thoughts and prayers for Bennett, his family and the Minyanville community.
Thank you Professor Sedacca.
Thank you Professor Sedacca.
2009-03-18 08:59:04
Remembered
Truly tragic. I am left shocked by this news and am personally saddened that it takes events like this to make me remember what I do have and how fragile our existence is on this planet. You will be remembered Bennet. Thank you for everything you have left us.
2009-03-18 09:01:33
I'm stunned
I have a file saved of all of Bennet's writings. To me he was by far the MVM (most valuable Minyan). Good lord, how could how this happen.
My sympathies to all who knew him personally. I don't know what else to say.
My sympathies to all who knew him personally. I don't know what else to say.
2009-03-18 09:02:00
Having only been a Minyan for a few short months, I found that I would always look for Bennet's postings. He was truly gifted in communicating his considerable skill and understanding of the capital markets and earnest in his clear desire to share that gift.
I pray that God will comfort his family and friends, and that Bennet is in His presence now.
I pray that God will comfort his family and friends, and that Bennet is in His presence now.
2009-03-18 09:07:59
My thoughts and prayers go out to the entire Sedacca family including the'ville.
You will be missed.
You will be missed.
2009-03-18 09:10:52
Bennet's notes and comments were prescient..he represented the counterweight to all that has tumbled down around us. His role and the acknowledgement of his comments in the book "House of Cards" is just one example of his contribution. Our sincerest sympathies to his family, friends and colleagues.
Jerry Tepper: The Marshall/Tepper Group at Smith Barney.
Jerry Tepper: The Marshall/Tepper Group at Smith Barney.
2009-03-18 09:15:25
Oh no
My thoughts and prayers to Bennet's family. Just two days ago Minyanville came up on another board, and I mentioned Prof. Sedacca as a good reason to come here and read. A voice has been silenced that should have been heard for many years to come.
2009-03-18 09:15:59
Deeply sad
I really appreciate all that he contributed to trying to sincerely help us ALL figure finance out. I will really miss his insight and his heart.
2009-03-18 09:47:30
Bennet's keen perspective on the credit markets was insightful to all and will surely be missed.
For all remaining Minyans, it also can serve as a great mortality check for us.
For all remaining Minyans, it also can serve as a great mortality check for us.
2009-03-18 09:59:19
I never know Bennet but now feel like I have lost a friend. Thank you Todd for such a beautiful post. I'm sorry for your loss.
2009-03-18 10:22:19
I learned from Bennet, will miss his insight, will toast a drink to him as one of the good guys. There's an idea - at a designated time, all Minyans should stop what they are doing and drink a toast - or something practical like this where we can show some unity.
2009-03-18 10:48:33
This is just terrible
His family will suffer so. What a decent gentleman.
Myself, how I wish Bennett was still with us, the times to come will be trying, and already I miss his counsel. This is truly awful.
Myself, how I wish Bennett was still with us, the times to come will be trying, and already I miss his counsel. This is truly awful.
2009-03-18 10:56:03
How Tragic
Hard to grasp the sudden loss, really. How precious life is - especially those who really live and contribute to others' lives.
2009-03-18 11:07:36
Professor Sedacca, you will be missed
We never met but I am always grateful for MV to allow GREAT professors like yourself to reach out and be 'Joel' to so many.
My prayers and white light to your family and friends.
My prayers and white light to your family and friends.
2009-03-18 11:10:40
A testament to the community
It's a testament to the vision that you shared with Bennett and then imparted to the rest of us that there are Minyans all over the world mourning this loss with you today.
God bless.
James
God bless.
James
2009-03-18 11:14:13
Shock and profound sadness. My heart goes out to Bennets family and friends.
Dinos Vassiliades
Dinos Vassiliades
2009-03-18 11:22:32
Fare thee well Sir!
I'm truly saddend by this loss as I'm sure are so many of my Minyan Brethren. I'll never forget his insight on the rationality of the credit markets versus the irrational "everything is fine attitude" of the equity markets. As he would say, "one of the two has this horribly wrong and the bond markets are usually more rational." I will always remember that sage bit of insight. I learned so much from him in such a short time. I offer my sincere best wishes for his family and friends.
Take Care All!
Joe
Take Care All!
Joe
2009-03-18 11:32:45
Great loss to the family and Minyanville community
I was shocked to read about the loss of one of the brightest. I always paid attention to some thing written by the professor,
2009-03-18 12:06:27
Godspeed Bennett
Shock and sadness. This was a guy who my investor friends and I hung to his every word.
He will be missed.
Heartfelt sympathies to his family.
He will be missed.
Heartfelt sympathies to his family.
2009-03-18 12:08:15
I am still in shock over the loss of my good friend and probably will be for quite some time. It seems like yesterday that we had dinner even though it was almost three weeks ago. To watch Bennet grow over the past 14 years was a pleasure and to see his writing move to the level it did was special.
All my best to Nancy, Michael, Katie and the dogs in their time of sorrow. You should all know that he loved each of you very much and spoke of you often.
All my best to Nancy, Michael, Katie and the dogs in their time of sorrow. You should all know that he loved each of you very much and spoke of you often.
2009-03-18 12:46:27
Horrible news
I would like to extend my sympathy to Bennet's Family, friends, and fans.
2009-03-18 13:13:29
Rest in peace, Friend. You will be missed and thank you for your wise words.
2009-03-18 14:23:45
Bennet Sedacca
You could always tell Bennet knew more than the rest of us, he never said too much nor too little. How lucky were those that knew him well, my sympathies to all of you.
2009-03-18 14:26:34
A great man
Whenever Bennet's name appeared in the pop-up on my computer, I always stopped what I was doing. Every word exuded wisdom, insight, and gravitas. I never met or spoke with him, but no one influenced my investing philosophy more. He will be sorely missed even by those, like me, who never knew him personally.
2009-03-18 14:28:57
What a wonderful and intelligent man...
Wow will you ever be missed. My deepest sympathies and many, many prayers go out to all those he touched...family, friends, clients, and I'm sure many strangers as well.
2009-03-18 14:35:45
Dear Sedacca Family - My thoughts and prayers are with you. I am a long time fan of the 'Ville and if there was ever one thing in the "for sure department" - it was that you HAD to read what Bennet was thinking. I offer my deepest sympathies to you all.
2009-03-18 14:37:37
It was like a thunderbolt when I read of Bennet's death. My first reaction was, "Another one". It seemed as though I was just beginning to appreciate fully the insight and foresight Bennet brought to the credit markets when he was taken. My mentor--gone. The sadness still permeates my mind and body albeit is quite miniscule to that of Bennet's family and close friends. You see, I'd never met nor talked directly to Bennet. However through the way he 'spoke' in his articles and Buzzes the sterling character of the man was very evident. He felt like a friend...a person of integrity, honesty, virtue, and wisdom. I will miss you Bennet. To your family and closer friends I send my thought and prayers.
Edwin
Edwin
2009-03-18 14:39:24
Incredible loss for the Minyanville Community
I was extremely saddened to hear the news about Professor Sedacca. His posts and articles on the credit market bordered on prophetic and were always delivered in a very understandable manner. His presence on the Buzz will be missed immensely.
Good thoughts and white light to all his loved ones in this trying time.
Good thoughts and white light to all his loved ones in this trying time.
2009-03-18 14:41:19
You could tell from Bennet's writings both the depth of his understanding and his passion to help inform and spread his knowledge.
Contributors to Minyanville continue to astound me with both their insight and character. Bennet will be deeply missed. My condolences to his family and associates.
Contributors to Minyanville continue to astound me with both their insight and character. Bennet will be deeply missed. My condolences to his family and associates.
2009-03-18 14:42:09
Bennet Sedacca
Bennet will be sorely missed. His generosity in sharing his thoughts with us was much appreciated. Many times his perspective on the credit markets helped inform my trading decisions, and helped me understand what was really happening. I learned a great deal from him. My sympathies to the Sedacca family.
2009-03-18 14:42:56
Bennet
To the Sedacca Family,
As has been said, he was a must read. More importantly, when I would email a question, he was right back at me with help and a friendly reply.
My thoughts and prayers are with you,
BFISH
As has been said, he was a must read. More importantly, when I would email a question, he was right back at me with help and a friendly reply.
My thoughts and prayers are with you,
BFISH
2009-03-18 14:44:57
My deepest condolences
Bennet was truly one of the most intelligent and prescient commentators on this or any medium. His legacy is one of speaking and sharing truth to and of power and most certainly he will be remembered by countless numbers of people who were touched by his words and his wit.
'People do not die for us immediately, but remain bathed in a sort of aura of life which bears no relation to true immortality but through which they continue to occupy our thoughts in the same way as when they were alive. It is as though they were traveling abroad.' ~Marcel Proust
Happy travels Bennet!
'People do not die for us immediately, but remain bathed in a sort of aura of life which bears no relation to true immortality but through which they continue to occupy our thoughts in the same way as when they were alive. It is as though they were traveling abroad.' ~Marcel Proust
Happy travels Bennet!
2009-03-18 14:52:49
Oh no
So very sad. I will miss his contributions tremendously. Deepest condolences to his friends and family.
2009-03-18 14:54:01
Boy, Bennet. I sure do wish you were here right now, offering your opinion on the Fed. Your acerbic wit would shine brightly as you pointed out what everyone needed to know but no one was looking at.
I miss you already.
I miss you already.
2009-03-18 14:55:35
My deepest sympathies to the Sedacca family. Although like many, I only knew him through his writings, he was one of the best in the Minyanville community. His knowledge, wisdom, and great sense of humor will be missed by all.
Nathan
Nathan
2009-03-18 14:59:56
To the Sedacca Family:
I am at a loss for words, Even though i never met Bennet, I felt as though I knew him very well. He will be deeply missed in the Minyanville community and my thoughts and prayers go out to each and every one of you.
Michael
I am at a loss for words, Even though i never met Bennet, I felt as though I knew him very well. He will be deeply missed in the Minyanville community and my thoughts and prayers go out to each and every one of you.
Michael
2009-03-18 15:01:54
Bennet
Such a shock that the 'Ville has lost a great contributor. I always made sure that I went back on the blogs to see that I didn't miss one of his insightful postings. His analysis on the credit markets were right on - with no agenda other than helping the Minyans.
My prayers go out to his family and friends.
-Brian
My prayers go out to his family and friends.
-Brian
2009-03-18 15:02:33
A pause to reflect
Thank you for sharing your time with us Bennet. It is our responsibility to continue to affect positive change, as you have shown through the example of your living. Be well in the rest of your journey.
You will not be forgotten.
Eric
You will not be forgotten.
Eric
2009-03-18 15:11:26
You will not be forgotten
I am deeply grieved and shocked to learn of this tragedy. Dear Sedacca Family, my heart and sympathies are with you.
As a college senior I eagerly awaited Bennet's articles and found them brilliant, informative and entertaining. I will surely miss you and hope that you are in a better place.
You are in my thoughts and prayers. A great man, Mr. Sedacca.
As a college senior I eagerly awaited Bennet's articles and found them brilliant, informative and entertaining. I will surely miss you and hope that you are in a better place.
You are in my thoughts and prayers. A great man, Mr. Sedacca.
2009-03-18 15:16:47
Condolences
Wishing Bennet's family a recovery someday from this shock. I only started reading Minyanville last year, but Seddaca was one of those whose writings I quickly realized was worth looking out for every day. Strange how the internet makes you feel so close to somebody you've never met. If somehow, our consciousness perpetuates in a realm beyond this world as we know it, I hope Bennet is there and fairing well (and I hope to meet him there someday!)...
Orvin
Orvin
2009-03-18 15:22:43
Plain and simple, Bennet was a class act. He will be missed. My condolences to his family.
2009-03-18 15:25:58
Bennet
I am shocked by the loss.A wonderful guy who i was lucky enough to speak with on a few occasions. Generous with his time and always there to provide guidance in difficult times. My thoughts are with his famlily as i am deeply sorry for your loss.
Scott Brander
Scott Brander
2009-03-18 15:40:41
Bennet's comments were my first search when I read Minyanville. My thoughts and prayers are for the family on his passing.
2009-03-18 15:41:53
My deepest Condolences to Mr Sedacca's family and friends.
Like many here at Minyanville I read all of Prof. Sedacca's articles faithfully and while I did not have the privilege of meeting him in person, I met him everytime I read his words.
They are not dead,
Who leave us this great heritage of remembering joy.
They still live in our hearts,
In the happiness we knew, in the dreams we shared.
They still breathe,
In the lingering fragrance, windblown, from their favourite flowers.
They still smile in the moonlight's silver,
And laugh in the sunlight's sparking gold.
They still speak in the echoes of the words we've heard them say again and again.
They still move,
In the rhythm of waving grasses, in the dance of the tossing branches.
They are not dead,
Their memory is warm in our hearts, comfort in our sorrow.
They are not apart from us, but part of us,
For love is eternal,
And those we love shall be with us throughout all eternity.
-Anon
They are not dead,
Who leave us this great heritage of remembering joy.
They still live in our hearts,
In the happiness we knew, in the dreams we shared.
They still breathe,
In the lingering fragrance, windblown, from their favourite flowers.
They still smile in the moonlight's silver,
And laugh in the sunlight's sparking gold.
They still speak in the echoes of the words we've heard them say again and again.
They still move,
In the rhythm of waving grasses, in the dance of the tossing branches.
They are not dead,
Their memory is warm in our hearts, comfort in our sorrow.
They are not apart from us, but part of us,
For love is eternal,
And those we love shall be with us throughout all eternity.
-Anon
2009-03-18 15:42:25
God Bless
I'm very shocked/stunned that such a thing could happen to such a good guy. He's saved us from so much market-wide disruption, and never asked for anything in return.
My heart and prayers go out to his family and friends. May you rest in peace my friend.
My heart and prayers go out to his family and friends. May you rest in peace my friend.
2009-03-18 15:46:57
A huge loss
Bennet was one of the best. I made a point to thank him for his contributions at the end of 2008 and was grateful that he took the time to reply. Such a tragic loss is so very hard to accept. My heart and prayers go out to his family and friends. Please know how far his impact was felt.
2009-03-18 15:53:51
Bennett
Although I never had the pleasure of meeting you I feel as though I came to know the profound depth of your character and intellect through the prolific writings you so graciously shared with us.
We have all benefited from your presence on Minyanville -- the world is a better place because you shared the truth as you understood it in an honest and engaging way.
You will be remembered, and missed.
Thank you.
2009-03-18 15:57:22
Bennet
It is just so very sad. While I never met him, I feel a sense of loss. I enjoyed his writing and learned something from him everytime he posted. He certainly called it as he saw it.
My thoughts to his family and friends.
My thoughts to his family and friends.
2009-03-18 15:57:46
The Power of the 'Ville
To the Sedacca Family,
I extend my condolences to all of you on your tragic loss. In such a difficult time, I hope you can take away some solace from all the postings you read here as to how much Bennett positively touched the lives of so many people through Minyanville. It is truly powerful to read every posting. As a member of the COT, it is incredibly gratifying to me to see how the community that Toddo, the Professors, and Minyanville HQ have created can turn it around and support the family of one of our most valued Professors in their most difficult time.
Our deepest sympathies are with all of you.
Sincerely,
Triple M
I extend my condolences to all of you on your tragic loss. In such a difficult time, I hope you can take away some solace from all the postings you read here as to how much Bennett positively touched the lives of so many people through Minyanville. It is truly powerful to read every posting. As a member of the COT, it is incredibly gratifying to me to see how the community that Toddo, the Professors, and Minyanville HQ have created can turn it around and support the family of one of our most valued Professors in their most difficult time.
Our deepest sympathies are with all of you.
Sincerely,
Triple M
2009-03-18 16:30:46
To everyone....
Mr. sedacca was the brightest writer on buzz & banter, i'm saddened deeply that he won't be able to write down here anymore.
2009-03-18 17:37:06
Thank You
Sedacca Family and MV Family -
I wish I could express how grateful I am to have known Bennet through his writings and teachings. I began paying attention to Minyanville a little over a year ago when Bennet was waving red flags all over about what could occur in the markets. Sure enough, everything he pointed to was spot on, and I became a "Bennet Sedacca" groupie overnight.
I am an aspiring trader and Bennet's views will forever shape my beliefs about looking at the world from different angles and questioning the crowd. It's how he communicated that made me feel like I was right there next to him having a beer, asking "what's wrong with this picture?"
Thank you for sharing Bennet with us and my most sincere sympathies are with you all. God speed, white light and a 300+ yard drive right down the middle are sent to you and Bennet will be in my thoughts and prayers for a very long time to come.
I wish I could express how grateful I am to have known Bennet through his writings and teachings. I began paying attention to Minyanville a little over a year ago when Bennet was waving red flags all over about what could occur in the markets. Sure enough, everything he pointed to was spot on, and I became a "Bennet Sedacca" groupie overnight.
I am an aspiring trader and Bennet's views will forever shape my beliefs about looking at the world from different angles and questioning the crowd. It's how he communicated that made me feel like I was right there next to him having a beer, asking "what's wrong with this picture?"
Thank you for sharing Bennet with us and my most sincere sympathies are with you all. God speed, white light and a 300+ yard drive right down the middle are sent to you and Bennet will be in my thoughts and prayers for a very long time to come.
2009-03-18 17:44:30
Sedacca - Master Professor
The ripple created from Prof. Sedacca's articles and postings have created massive positive tidal waves in my trading brain and they will continue to do so as I read and re-read them. My thoughts go to his family and friends, and I thank them for sharing Master Professor Sedacca with us at Minyanville.
2009-03-18 17:45:32
Thanks....
Like many others on this site, I had the opportunity to exchange a couple of emails with Bennet. This was a big deal for me. I've never met Bennet and I am not a trader - just a regular guy guy who finds the markets interesting.
He allowed me to bounce some ideas off of him and took the time to respond.
That meant a lot.
God Bless...
MK
He allowed me to bounce some ideas off of him and took the time to respond.
That meant a lot.
God Bless...
MK
2009-03-18 17:54:09
Sedacca family,
My sincerest condolences on the loss of your beloved husband and father.
He reached many more people than you might imagine in Manyanville.
His brilliance was evident and he will be sorely missed in this community.
Jodi K
My sincerest condolences on the loss of your beloved husband and father.
He reached many more people than you might imagine in Manyanville.
His brilliance was evident and he will be sorely missed in this community.
Jodi K
2009-03-18 17:55:58
My condolences to the Sedacca and Minyanville family on this sad loss. Bennett's insightful words and thoughts touched and helped so many, and he will no doubt remain with us in our thoughts and prayers always.
2009-03-18 18:16:43
Bennet Sedacca
What a tragic loss. My condolences to his family. I looked forward to reading Bennet Sedacca's posts and articles.
2009-03-18 18:36:21
I was lucky enough to attend MIM 3 and a breakout session by Bennet Sedacca (and his wife who was there helping). I traded a few emails in the years since asking him questions. He was even better in person than on Minyanville where he was a star with his valuable daily insights. No ego, no talking down, answered all questions in plainspeak, etc.; just truly brilliant, insightful, friendly, approachable, and made time. Truly one of the good guys...
2009-03-18 19:16:13
Bennet
To the Sedecca Family:
I am truly saddened and feel a wrenching in my heart for what happened to your father, husband , and son Bennet. We have never met. I have never sent him an email (but was assuming I would have had plenty of time to!) Yet every time I saw a post authored by him, I'd be , "Yeah! the lone voice in the wilderness is about to speak!" His commentary and advice in Minyanville was always one of the highlights of my trading days.
Please know that he and you, his family are in my prayers. May the Lord give you strength and peace.
Brian Novinska
Winneconne, WI
I am truly saddened and feel a wrenching in my heart for what happened to your father, husband , and son Bennet. We have never met. I have never sent him an email (but was assuming I would have had plenty of time to!) Yet every time I saw a post authored by him, I'd be , "Yeah! the lone voice in the wilderness is about to speak!" His commentary and advice in Minyanville was always one of the highlights of my trading days.
Please know that he and you, his family are in my prayers. May the Lord give you strength and peace.
Brian Novinska
Winneconne, WI
2009-03-18 19:19:00
Farewell Bennet
Although I never met Bennet, I feel as if I knew him through his writings. He was in my opinion one of the most insightful men on the financial circuit. I have no doubt that Bennet was even more impressive a human being in person than just through the internet so I offer my condolences to his family. But as one of his internet readers he impressed me enough to write - farewell Bennet, I shall miss you greatly.
2009-03-18 19:30:57
Bennett
With each reading, a tear rolls down my cheek. He will be truly missed by all of us. God bless his family in their time of need. Scott Clawson
2009-03-18 20:39:31
To Bennet's Family and Friends
Over the past year I was honored to spend some time conversing with Bennet. We were introduced by a mutual friend Geoff Garbacz. I began reading Bennet's publication a couple of years ago and quickly realized that he understood the credit markets very well and he was able to understand the big picture food chain as well as the various complexities of certain financial instruments. As time went by I realized that our paths had crossed before as we both worked for Kidder Peabody in the late 1980's. We shared a passion for the investment business, sports and golf. While Bennet was a first class person, investor, friend to many and a sports nut, I'd be willing to bet that family was his specialty. I would like to express to Bennet's family how special he was. The investment business has experienced some dark times over the past year but through it all Bennet Sedacca was a shining star. We are all very lucky to have known Bennet, his wisdom will be missed but I hope we all find comfort in his teaching's and his memories.
May God grant you peace in this difficult time.
Tom Gilbert
May God grant you peace in this difficult time.
Tom Gilbert
2009-03-18 21:04:12
Bennet
I had the honor and pleasure of meeting and spending time with Bennet at MIM Vail. Bennet was sincerely interested in walking both neophytes and professionals through his vision of the financial future. This vision turned out to be prophetic. I will raise a glass to Bennet tonight and many nights into the future. My prayers and thoughts go out to Bennet's family. He was a great man in so many ways and I will miss his wit, wisdom, and humor tremendously.
2009-03-18 21:12:52
Dear Sedacca family,
Please know that there are many, many lives that Bennet touched with his generosity and selfless desire to help others. We appreciate how you willingly shared him with us as he tenaciously pursued his passion sifting through complex issues and arriving at stunningly accurate, insightful, and understandable conclusions. Bennet made a very bold mark on history with his outstanding giftings and his humility in manifest excellence.
I don't know any words to say to comfort you in your loss. I just wanted you to know that Bennet leaves a hole that cannot be filled for many, and that our thoughts and prayers are now intently with you.
I don't know any words to say to comfort you in your loss. I just wanted you to know that Bennet leaves a hole that cannot be filled for many, and that our thoughts and prayers are now intently with you.
2009-03-18 22:02:44
A long way from the financial centers, here in northern Indiana where I literally hear the Amish horses on the road by my office, I've learned much from MV, but especially from Bennett Sedacca. I always re-read his words and have always been amazed at his thinking.
I'll kiss my wife and kids an extra time tonight, and pray that his family finds peace soon.
I'll kiss my wife and kids an extra time tonight, and pray that his family finds peace soon.
2009-03-18 22:50:42
To The Sedacca Family
Please know that every time Bennet delivered snapshots of his thoughts, questions to challenge, and the subtle humor "peppered" in his print, he gave this individual a real sense of what talent and passion deliver. Early on in the Ville I discovered the mastery and depth of his writings. I read and re-read his print. I'm learning from so many in the Ville, and Bennet, a standout signature.
Please know that he has made a huge impact on me. He will be missed.
My condolences to the entire family and our thoughts are with you.
Please know that he has made a huge impact on me. He will be missed.
My condolences to the entire family and our thoughts are with you.
2009-03-18 23:15:16
I am missing Bennet
I regulary searched for his articles and learned from him. I posted comments to his articles. There is no one who can replace him, he was that special.
2009-03-18 23:27:53
Words are not enough, but thery're all I have
I'm flat-out flabbergasted. Bennett was always someone I looked forward to reading. And in doing so over the past couple of years that I've come to MV to get information as well as perspective, it was great stuff to read. I used him the way I use guys like Pep, Toddo, Mish, and Mr. P: as a sanity check against all of the wild, crazy things you see and hear about out there. That has meant a lot to me over the past few years.
There's no way I can express my true sadness to Bennett's family or the gang at MV that worked with him. I just hope he rests in peace and that peace be with his friends and family through this time.
RIP Bennett.
There's no way I can express my true sadness to Bennett's family or the gang at MV that worked with him. I just hope he rests in peace and that peace be with his friends and family through this time.
RIP Bennett.
2009-03-19 01:20:09
Dear Sedacca family,
Although I have been a part of the Minyan family for only a short period of time, I felt an immediate connection with Bennet through his writings. Amid all the turbulence, his expertise was a shining light that offered guidance, inspiration, and comfort. I had hoped to be able to meet him one day to tell him how much I appreciated his help and how much of a difference he had already made for me.
My heart sank when I saw the news. Condolences are not enough. May you find some comfort and pride in knowing how much of a positive impact Bennet Sedacca has made for so many along the way. I am so sorry for your loss.
God Bless....
Chris Latham
My heart sank when I saw the news. Condolences are not enough. May you find some comfort and pride in knowing how much of a positive impact Bennet Sedacca has made for so many along the way. I am so sorry for your loss.
God Bless....
Chris Latham
2009-03-19 01:55:30
Bennet, Sedacca
We all have the opportunity to make a difference in this world. However, so few of us have the capacity or the willingness to reach out to others. Something that Bennet was willing to do on a daily basis whether at the office or on vacation. Although I never had the fortune to meet Bennet in person, it feels like I have lost a good friend.
2009-03-19 03:02:22
Long "Absolute Returns" / Short "Relative Performance"
Reading Bennet Sedacca's writings always invoked 2 intense feelings:
1. DESPAIR, at how the scope of his knowledge which just made me feel deliciously and wickedly ignorant despite my own industry experience.
2. INTEGRITY, how he valued and sweated over each dollar his firm managed on behalf of others. He took "fiduciary responsibility" as a sacred oath and it shaped every word he wrote and each trade executed (or took a pass). Long "Absolute Returns" / Short "Relative Performance"
JS - "The Tenth Man"
1. DESPAIR, at how the scope of his knowledge which just made me feel deliciously and wickedly ignorant despite my own industry experience.
2. INTEGRITY, how he valued and sweated over each dollar his firm managed on behalf of others. He took "fiduciary responsibility" as a sacred oath and it shaped every word he wrote and each trade executed (or took a pass). Long "Absolute Returns" / Short "Relative Performance"
JS - "The Tenth Man"
2009-03-19 09:24:17
I always looked forward to everything Bennet had to write. He was thoughtful and insightful. He will be missed by the Minyanville community.
2009-03-19 09:24:42
Tears in my eyes, I read, re-read, and re-read in disbelief - - and sorrow. Sorrow for his family, friends, Minyanville, and all those who didn't yet get to know him. I didn't know Mr. Sedacca personally but 100% waited in anticipation for his next writing. I found his insight to be exceptional and therefore something I could lean on in this crazy market place - - but most of all how clear, straightforward speaking he was. No fluff. Honest. I will feel a void and he will be truly missed. Thank you Mr. Sedacca for what you gave - and I pray you're receiving 10-fold above. God bless.
2009-03-19 10:12:56
I am really shocked ! Mr Sedacca was really a guide in this complex world. Remember, it was more than one year ago in the Buzz : "...In my book, they are insolvent. I feel bad for all my friends that work there..." This was about Lehmann and Bear Stearn !
Here's the link : http://www.minyanville.com/articles/3/5/2008/index/a/16154
Thank you, thank you Mr Sedacca for the knowledge you shared with our community. Rest in Peace.
My condolences to the Sedacca's Familly and Friends,
Sincerely
Marco, Geneva, Switzerland
Here's the link : http://www.minyanville.com/articles/3/5/2008/index/a/16154
Thank you, thank you Mr Sedacca for the knowledge you shared with our community. Rest in Peace.
My condolences to the Sedacca's Familly and Friends,
Sincerely
Marco, Geneva, Switzerland
2009-03-19 10:59:03
Thank you God for Bennet
Todd,
Nice job capturing the essence of Bennet. We morn for his family and his memory. I covered Bennet for several years and he was as you say demanding (especially when he wanted stock or Masters Tickets) however Bennet was one of my best clients not because of the business he generated but because of is friendship we developed over the years.
After a 3 year hiatus from the business I just recently became reacquainted with him again. This is truly a sad day.
I recall several years ago attending a Braves game with our sons and my son caught a baseball in batting practice and gave it to his son Michael who was a huge Braves fan. He was stunned and my son said I go to a lot of games and a lot you live in Florida you may not get a chance to get one again.
Bennet and I looked at each other and we had big smiles on our faces. Bennet's response "Well Lou you have a client for life"
An avid golfer who I could not keep up with and a good friend and great father and husband.
I will miss my friend,
With deepest sympathies,
Lou and Mary Jo Corsetti
Nice job capturing the essence of Bennet. We morn for his family and his memory. I covered Bennet for several years and he was as you say demanding (especially when he wanted stock or Masters Tickets) however Bennet was one of my best clients not because of the business he generated but because of is friendship we developed over the years.
After a 3 year hiatus from the business I just recently became reacquainted with him again. This is truly a sad day.
I recall several years ago attending a Braves game with our sons and my son caught a baseball in batting practice and gave it to his son Michael who was a huge Braves fan. He was stunned and my son said I go to a lot of games and a lot you live in Florida you may not get a chance to get one again.
Bennet and I looked at each other and we had big smiles on our faces. Bennet's response "Well Lou you have a client for life"
An avid golfer who I could not keep up with and a good friend and great father and husband.
I will miss my friend,
With deepest sympathies,
Lou and Mary Jo Corsetti
2009-03-19 11:13:42
In Shock
I am truly saddened by the loss of Mr. Sedacca. I was skeptical of his writings at first, nearly 2 years ago, but as this financial crisis unwound, his knowledge & determination to tell the other side of the bull market really started to resonate. The more I read, the more educated I got and the more money he saved me. I have become so accustomed to jumping to his posts in Buzz & Banter to see what his great mind was thinking. My heart goes out to his friends and family.
2009-03-19 11:19:57
To the Sedacca Family
My deepest condolences on the loss of your husband, father and son.
Although I did not know him personally, his wisdom and insights of the credit markets were very appreciated.
May he be in a beautiful place now.
Katie
Although I did not know him personally, his wisdom and insights of the credit markets were very appreciated.
May he be in a beautiful place now.
Katie
2009-03-19 12:06:48
To the Sedacca Family
Please accept my deepest condolences on the loss of Bennet.
Like others who have posted, I only knew him through his writings on the site. He shared his knowledge and experience with us, and I was truly grateful to have access to such a generous mind and spirit. In a world where the financial community is struggling to find its feet, Bennet and Minyanville provided clarity and understanding to an audience that sorely needs it. I too looked for Bennet's posts because I knew he would provide clear thinking and a rational argument, and was thrilled to receive his email responses to my beginner questions.
I hope you see now that the ripple effects of Bennet's life have passed way beyond your family and on across the world, and the wisdom that he shared will impact the next generations. Thanks for sharing him with us.
Sincerely,
Brian Caffrey
Like others who have posted, I only knew him through his writings on the site. He shared his knowledge and experience with us, and I was truly grateful to have access to such a generous mind and spirit. In a world where the financial community is struggling to find its feet, Bennet and Minyanville provided clarity and understanding to an audience that sorely needs it. I too looked for Bennet's posts because I knew he would provide clear thinking and a rational argument, and was thrilled to receive his email responses to my beginner questions.
I hope you see now that the ripple effects of Bennet's life have passed way beyond your family and on across the world, and the wisdom that he shared will impact the next generations. Thanks for sharing him with us.
Sincerely,
Brian Caffrey
2009-03-19 14:09:34
I feel lost
There are perhaps a lot of intelligent people in this world.It is rare to find someone wise. He was one of those rare ones.
2009-03-19 14:24:13
Bennet
Bennet was my most reliable guidepost on this site. It is not that others are very good also, but I found Bennet to be the best of these.....I find it very hard to swallow that he has gone on...it has had a profound effect on my personal life eveen though I only "knew" him through his writings on this site. I will miss him greatly........my sincere condolences to his wonderful family.....to be honest I am still in a state of shock & disbelief that something like this could happen I am very sorry.....Minyan Rich Sesterhenn..Rockford, Illinois
2009-03-19 14:30:17
Condolences
Bennet was one of my favorite professors on Minyanville. I truly enjoyed reading his writings and he helped clarify issues for me related to the credit markets times beyond mention. Although I never met him in person, I will miss him terribly. The entire investment community will be the less for this loss. My heartfelt condolences.
2009-03-19 14:36:29
So Sad!
I only knew Professor Sedacca through minyanville articles, but was shaken by this sudden, tragic loss. My deepest condolences to the family. His name shall be remembered and celebrated - will be with you in spirit on Thursday and tip a glass of wine in honor of the man and the family, in whom he shall live on.
2009-03-19 15:03:07
As old women say in my country when someone dies, "we are nothing".
My condolences to his family; rest in peace Bennet.
My condolences to his family; rest in peace Bennet.
2009-03-19 15:05:18
I had a chance to talk to Bennet for the first time at Festivus. I had the opportunity to thank him for sage advice the month before that I was able to act on for my clint's benefit. That he was a warm, nice hearted man that was ready to let a stranger pick his brain for an extended period of time said a lot about the man.
2009-03-19 15:09:09
16 years with Bennet
I have worked for Bennet Sedacca for 16 years. As I type this it seems hard to belive I am not going to walk in the office and hear " Hey Kimmy" - the only person I could tolerate calling me that nickname, for some reason it was ok when it was Bennet.
Bennet was to me a friend, a boss and a brother I sometimes argued with but knew would always be there for me and my family. I pictured myself another 10 or so years together and both of saying the hell with it, and retiring early. I wish for Nancy, Michael and Kaite the strength to get through this time. As I want them to know I will miss him greatly and consider all of you my family. Bennet taught me so much in the past 16 years and for that I am truly grateful.
Bennet was to me a friend, a boss and a brother I sometimes argued with but knew would always be there for me and my family. I pictured myself another 10 or so years together and both of saying the hell with it, and retiring early. I wish for Nancy, Michael and Kaite the strength to get through this time. As I want them to know I will miss him greatly and consider all of you my family. Bennet taught me so much in the past 16 years and for that I am truly grateful.
2009-03-19 15:44:09
I met Bennet over ten years ago, lost touch with him and found him again last year through Minyanville. His views were remarkably consistent in spite of such a large time gap. His missives have been some of my favorites to read and remember, and he has been spot on throughout the crisis. He went out on top, calling the short term bottom last turnaround tuesday.
My condonences to the family.
My condonences to the family.
2009-03-19 15:48:51
Bennet Sedacca
Bennet was one of my "must reads." I appreciated his wit and ability to reduce a complex subject to an understandable concept. That he would take the time to respond personally to emails from one of the Minyanville posse was a special treat. Even though we never met, he felt like a friend.
2009-03-19 15:51:21
Bennet was what Minyanville was all about - knowldgeable, witty, and above all, willing to share his expertise with the rest of the community. He will be greatly missed. My deepest condolences to his family.
Kevin
Kevin
2009-03-19 15:57:44
Sad Day
When I finally met Bennet in New York last summer, I shared with him how big a fan I was of his writing ability and expressed my desire to be even half as good as he was. He thanked me and told me to just write what was on my mind....the only thing on my mind right now is how much he will be missed.
2009-03-19 16:34:33
I didn't know Bennet personally but he made a huge impact on my knowledge of the markets. He had a special talent to see things so clearly. When Todd mentioned that he may have to head south for someone from the community I feared it had to with Bennet. I would like Bennet's family to know what an impact he had on so many people. I am so thankful that he was so willing to share his knowledge. He will be missed.
2009-03-19 16:39:42
To the Sedacca Family
I had the honor of meeting Bennet once as we work in the same town. He was extremely generous with his time and I greatly appreciated it. I always looked forward to his commentary from Atlantic Advisors.
May God comfort you and get you through this. You will all be in my prayers.
Thanks for everything Bennet.
May God comfort you and get you through this. You will all be in my prayers.
Thanks for everything Bennet.
2009-03-19 17:01:33
My most heartfelt condolences to Bennet Sedacca's friends and family. What an indescribably sad and shocking loss.
Like so many other people who have already written, I was deeply influenced by Bennet's work. He had an amazing ability to look at the same data that was available to everyone else, and draw conclusions from that data in a unique and insightful way. Of all the gifted professors in the Minyanville, perhaps none personified the concept of independent thinking more than Bennet. Whenever possible, I dropped whatever I was doing whenever I got notified that Bennet had posted something new to Buzz and Banter. Missing something that Bennet had written would be like missing a breaking news update that was interrupting the regular broadcast.
He had a rare combination of skills -- unquestioned expertise in his subject matter, the savvy ability to discern the important facts from a sea of information, coupled with a wry and biting sense of humor.
With no disrespect to any of the other fine voices on this site, Bennet was an anchor in Minyanville.
I miss him already.
Like so many other people who have already written, I was deeply influenced by Bennet's work. He had an amazing ability to look at the same data that was available to everyone else, and draw conclusions from that data in a unique and insightful way. Of all the gifted professors in the Minyanville, perhaps none personified the concept of independent thinking more than Bennet. Whenever possible, I dropped whatever I was doing whenever I got notified that Bennet had posted something new to Buzz and Banter. Missing something that Bennet had written would be like missing a breaking news update that was interrupting the regular broadcast.
He had a rare combination of skills -- unquestioned expertise in his subject matter, the savvy ability to discern the important facts from a sea of information, coupled with a wry and biting sense of humor.
With no disrespect to any of the other fine voices on this site, Bennet was an anchor in Minyanville.
I miss him already.
2009-03-19 18:01:59
A Tribute to Bennet Sedacca
I did not personally know Prof. Sedacca but I, like many at Minyanville, benefitted greatly from his guidance and deep knowledge of the financial markets. Sometimes the world can seem especially cruel and that's what comes to mind when someone like Mr. Sedacca is taken so early from the people that knew him best - his family, or those that only knew him from his posts, but what matters now is that he will be remembered for his generosity and razor sharp intellect. My condolences to all his friends and family, we have lost a great man.
2009-03-19 18:52:31
I am very sorry for your loss. Being in a similar family situation, I could only imagine the pain you are experiencing. My prayers are with the family.
Of all the Minyans, I looked forward to Bennets analysis the most. Although I did not know him personally, I can't count how many times I thought when I saw his snippet that I would love to talk to him about it. He was an excellant analyst. I miss him a lot already.
Of all the Minyans, I looked forward to Bennets analysis the most. Although I did not know him personally, I can't count how many times I thought when I saw his snippet that I would love to talk to him about it. He was an excellant analyst. I miss him a lot already.
2009-03-19 21:04:24
Professor Sedacca
I offer my sympathy for your loss and my wish for your greatest future. I am the type of person who has celebrated the life of those of mine who have passed above all else.
I have been reading Minyanville for about a year.
While I don't know Bennet personally, I quickly considered Professor Sedacca's articles and buzz comments as must reads, and did in fact read them all. Like a few of the other professors, Bennet IS a light in the darkness not only in market terms but in life experience and related comments he has made.
I read everything with great respect and appreciation. These are words I seldom use.
I'm very sorry you lost him so soon and I am another who will miss him.
I have been reading Minyanville for about a year.
While I don't know Bennet personally, I quickly considered Professor Sedacca's articles and buzz comments as must reads, and did in fact read them all. Like a few of the other professors, Bennet IS a light in the darkness not only in market terms but in life experience and related comments he has made.
I read everything with great respect and appreciation. These are words I seldom use.
I'm very sorry you lost him so soon and I am another who will miss him.
2009-03-19 21:06:14
Was incredibly sad when I heard the news. I never met Bennet, but I "knew" him through his writings. And what I came to know these past few years was that he was as honorable as he was prescient. I will miss the excitement I'd feel when I saw that there was new Sedacca post up on Buzz -- I always looked forward to his insights.
My sincerest condolences to his family.
My sincerest condolences to his family.
2009-03-19 21:41:43
BS Was Great and we are proud of him
I know very little about complex financial markets and I learned that fact way back in Oct 1987. I met Bennet after selling my first software company in 1997 and immediately knew he was not only incredibly intelligent in his field, but he also had street smarts and as an added bonus was a likable guy. He made plenty of money for people and almost all of us are very grateful. I used to sit in amazement when he would tell me that some people were bitching about his returns, when they were always way above any industry avg but less than Yahoo, or as he used to call Yay Hoo. Of course this was the late 90's and those folks quickly realized the returns he provided were unparalleled with the risk position he held. He was always way ahead of the bubble bursts and used to always ask me questions about the tech industry and 'how in the hell can the market justify these prices', usually he would answer the question before I could with 'they can't. I just cant see this. This will explode one day' and on and on. Basically I was an occasional sounding board in the tech world for him just so he could make sure he was 100% right that indeed it would burst and there was not some magical 'internet economics' that most of the world, and definitely the retail brokers were smoking. He always used to tell me it was more important for him to protect 'other people's money' than get greedy and I can only say a belated 'thanks'.
Enough on the biz side. I admired Bennet for his love of life, family, golf, fly fishing, golf, cigars, traveling and more golf. My wife and I enjoyed many great times with the Sedaccas and will always have the fun memories. I tried golfing with Bennet a few times but I was in a different league (bush league that is). Bennet and Michael know their way around a club house, golf course, and 19th hole. Michael has grown into a great man, and is admirable with his manners and effective communications.
One of my craziest memories was on a fly-fishing trip to Montana a couple of years back. They had a beautiful place on Ironhead Lake (if I remember correctly), and the first morning after arriving I decided I had to go for a swim – the lake was crystal clear, you could see 20-30 feet down onto the rocky bottom, and I had a slight hangover that I though the cold water would help clear up. I went swimming up and down the shore for about 30-45 minutes and loved every minute of it. I got out dried off, had breakfast, went on some errands, etc and enjoyed the rest of the day as the next morning is when we would start fly-fishing. I wake up the next morning and my entire body is covered in red dots, similar to chicken pox, and after a day of visiting pharmacies and doctors I find out I had 'swimmers itch'. This takes 7 days to go away, is extremely painful, and is just an all-around pain-in-the-rear. I went fly-fishing for a couple of days, but mainly watched Bennet as I didn't/couldn't move very much. Nancy had the undesirable job of having to rub the prescription cream on my back. Kids put up with me, etc. Bottom line- I still remember all the great things about that trip and loved it. The time with the family will always be a great memory.
I'll stop now...We're all proud of Bennet and what he achieved in all aspects of his life, and for the times that we were able to spend with him.
Enough on the biz side. I admired Bennet for his love of life, family, golf, fly fishing, golf, cigars, traveling and more golf. My wife and I enjoyed many great times with the Sedaccas and will always have the fun memories. I tried golfing with Bennet a few times but I was in a different league (bush league that is). Bennet and Michael know their way around a club house, golf course, and 19th hole. Michael has grown into a great man, and is admirable with his manners and effective communications.
One of my craziest memories was on a fly-fishing trip to Montana a couple of years back. They had a beautiful place on Ironhead Lake (if I remember correctly), and the first morning after arriving I decided I had to go for a swim – the lake was crystal clear, you could see 20-30 feet down onto the rocky bottom, and I had a slight hangover that I though the cold water would help clear up. I went swimming up and down the shore for about 30-45 minutes and loved every minute of it. I got out dried off, had breakfast, went on some errands, etc and enjoyed the rest of the day as the next morning is when we would start fly-fishing. I wake up the next morning and my entire body is covered in red dots, similar to chicken pox, and after a day of visiting pharmacies and doctors I find out I had 'swimmers itch'. This takes 7 days to go away, is extremely painful, and is just an all-around pain-in-the-rear. I went fly-fishing for a couple of days, but mainly watched Bennet as I didn't/couldn't move very much. Nancy had the undesirable job of having to rub the prescription cream on my back. Kids put up with me, etc. Bottom line- I still remember all the great things about that trip and loved it. The time with the family will always be a great memory.
I'll stop now...We're all proud of Bennet and what he achieved in all aspects of his life, and for the times that we were able to spend with him.
2009-03-20 00:32:58
Condolences to the Sedacca family
I was shocked and saddened to hear the terrible news of Bennet's accident.
I always looked for his commentary, read it right away and greatly appreciated his insights. Though I did not personally know him, I felt through his writings we had much in common. He will be graetly missed on Minyanville. Rest in peace.
Charles Cox
I always looked for his commentary, read it right away and greatly appreciated his insights. Though I did not personally know him, I felt through his writings we had much in common. He will be graetly missed on Minyanville. Rest in peace.
Charles Cox
2009-03-20 18:37:13
When hearing of Bennet's accident, I was filled with shock, disbelief and an overwhelming sadness. My heart and mind was having difficulty believing it. I met him for the first time several years ago when I was looking for a financial adviser. This was right after the dot com bubble had almost wiped me out. I had lost a large part of my capital, all confidence in my investing ability and didn't know where to turn or what to do. A friend recommended I get in touch with Bennet. We met at my house and the next thing I knew, neither of us realized it was 3 hours later. We talked and talked, him mostly. I knew a lot of "Wall St." people, having been a broker myself a while back, but his incite, wisdom and knowledge greatly impressed me and I felt an inner knowing that suddenly removed my angst and fear while a sense of confidence and relief washed over me. I always looked forward to his newsletters and emails filled with wisdom and truth and his always wonderful metaphors and sense of humor. It is such a gift that so many had the opportunity to partake of what he had to share. I hope and pray it gives his family and friends some degree of peace and acceptance in knowing he was so admired, respected and loved by those who knew him personally, as well as those thatt knew him only through MV. He was truly one of a kind and will be greatly missed by all. I am forever grateful to have known him, and like so many others, will miss him terribly. My heart and deepest sympathies go out to his family who I know were such an important part of his life.
2009-03-22 21:24:48
He was my favorite writer
I've been a little behind on checking Minyanville and first heard about this in a reader comment on "The Big Picture." Bennett was one of two guys that I read that I would consider trusting with my money and I always read his articles several times over. I'll miss his humor and perspective. Good luck to his family and business partners.
2009-03-23 08:04:39
Sadness and reflection
Condolences to his family and close friends... Bennet was truly a professional and a joy to read. Time will heal.
2009-03-23 11:43:26
Condolences
Dear Sedacca Family-
My condolences on your loss. I valued Bennett's opinions and views; he always challenged those around him to think more deeply and selflessly shared his informed perspective. Best wishes during this period and my thoughts are with you.
Sincerely-
Eric Freedman
My condolences on your loss. I valued Bennett's opinions and views; he always challenged those around him to think more deeply and selflessly shared his informed perspective. Best wishes during this period and my thoughts are with you.
Sincerely-
Eric Freedman
2009-03-25 01:26:38
Farewell to Bennet
Like many others, I knew Bennet only through Minyanville, but I feel as though I lost a friend and mentor. When he posted a comment, for me that was "Stop Trading and Read Immediately".
Condolences to his family, sincere best wishes.
Paul Leondis
Berkeley, CA
Condolences to his family, sincere best wishes.
Paul Leondis
Berkeley, CA
2009-03-30 08:42:24
ouch
I shut down trading for three months. So something tightened in my gut just a moment ago when I read of Bennet's death.
This is strange. I never met Bennet. In fact, the first time I read anything written by him was summer 2008. Yet Bennet was by far my brightest guiding light in dark 2H08. Thank you Bennet. I will miss your sure hand.
This is strange. I never met Bennet. In fact, the first time I read anything written by him was summer 2008. Yet Bennet was by far my brightest guiding light in dark 2H08. Thank you Bennet. I will miss your sure hand.
2009-04-26 20:12:22
TO THE SEDECCA FAMILY
I AM AN OLD FRIEND OF THE SEDECCA FAMILY FROM WILLINGBORO...I HAVE NOT SEEN BENNETT OR HIS FAMILY IN A VERY LONG TIME...BUT I HEARD THE DEVASTATING NEWS AND WANTED TO SEND MY DEEPEST SYMPATHIES ...MY HEART IS SO HEAVY FOR ALL OF YOU...I READ ALL OF THE BEAUTIFUL THINGS BENNETTS FRIENDS AND COLLEAGUES HAVE WRITTEN...MR AND MRS SEDECCA, EILEEN AND SUE....HIS WIFE AND FAMILY YOU MUST BE VERY PROUD OF THE MAN HE WAS AND ALL THE LIVES HE TOUCHED....MY LOVE TO YOU ALL...LAURIE RUBNITZ
2009-04-30 01:20:23
Disbelief...
It still hasn't sunk in that Bennet Sedacca is gone.....When I got up that day and read Todd's tribute I was in shock as I'm sure most were....I had just lost 3 friends to untimely passings in the last few weeks all too suddenly....When this happened I couldn't believe it....Bennet's writings and musings were brilliant in thought and purpose.....My prayers are with his wife and kids, can't imagine what they went thru.....Take care and God Bless....
2009-11-23 21:39:24
fitch
People all over the world know the <a title="abercrombie and fitch" href="http://www.anfworld.com/" rel="dofollow"><strong>abercrombie and fitch</strong></a>,but not everyone really knows how fashion the abercrombie is,hollister is the Legend maker. Everybody wears the hollister clothing would be the abercrombie mensand the abercrombie womens, if you want know you can search the Ruehl No.925 or abercrombie outlet in the www.google.com .
Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options. Click here for a free 14 day trial to OptionSmith by Steve Smith.
Copyright 2009 Minyanville Media, Inc. All Rights Reserved
