Financial journalism lost one of its leading lights Thursday when Alan Abelson died at the age of 87.

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In the early 1980s our editor made a bet with Alan Abelson, then editor of Barron's, on the future price of oil.

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"Financial journalism lost one of its leading lights today with Alan Abelson's passing, " Ed Finn, Barron's editor and president, said in a statement.

WSJ: Longtime Barron's writer Alan Abelson dies at 87