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Robert DRACH Obituary
Robert
Franz Drach
TALLAHASSEE, FL - Robert Franz Drach, internationally recognized financial analyst, author and television commentator, passed away on 12/18/12 after a battle with cancer.
Mr. Drach, a resident of Tallahassee since 2001, was born 1944 in Springfield, IL, the son of Illinois State Senator George Drach and Dorothy Franz Drach.
Mr. Drach's post high school education included a B.S. from Illinois College, an M.S. from University of Arkansas and an M.B.A. from University of Florida.
Mr. Drach's career as a financial analyst and author of the Drach Market Research Weekly Report first received national attention with the publication of his co-authored text High-Return, Low-Risk Investment.
He was a regularly scheduled "Market Monitor" guest/commentator on Public Broadcasting Service's Nightly Business Report for 35 years. In 1995 he was invited to manage a portfolio model in the educational section of NBR's web site, which he did until his death.
He is survived by his wife of 35 years, Barbara, four children, Julie Drach (Los Angeles), Robert B. Drach (Tallahassee), Rob Clemente (Jacksonville Beach), Lisa Carvalho (Plantation), two sisters, D'Anne Davis (Vancouver Canada) Betsy Ross (Greenfield IL) and two grandchildren, Rhys and Marlee.
As per Mr. Drach's request, there were no ceremonies.
To plant trees in memory, please visit the Sympathy Store.
Memories and Condolences
for Robert DRACH
chris martin
December 15, 2022
Still think of you from time to time Bob.
Ray Abdalla
February 24, 2013
I just learned of Bob's passing and would like to convey my sincere condolences to his family. I subscribed to Bob's newsletter for many years and talked to him on the telephone almost daily for well over ten years. We became fast friends. I finally got to meet Bob, face to face, when he came to Columbia for an investment club meeting. We spent almost the entire weekend together and had more than a few adult beverages. It was like two old fraternity brothers that hadn't seen each other for a long time. He taught me more about investing and life than anyone I've ever known. I have autograph copies of both of his books, which I will now treasure more than ever. I will remember Bob as a fine, humble, and intelligent mentor and friend. They don't make guys like him anymore. May he rest in peace, and may perpetual light shine upon him.
Peter Walsh
January 7, 2013
To the Drach family:
Please accept my condolensces on your loss. Mr. Drach will be missed not only for his commentary but also for the "life's lessons" he imparted. Mr. Drach was a true pioneer who was not afraid to stick to his convictions (quite correctly) despite erroneous current opinions. He will be missed. Sincerely, Peter Walsh
Greg Nelson
January 6, 2013
I can honestly say Mr. Drach changed my entire way of investing and viewing the stock market. In my opinion, he remains the most under rated stock analyst ever. Mr. Drach never believed in "Hype" or promoting himself on commercial financial news programs. He leaves with the highest percentage of winning trades, 90%+, over 36 years in the history of the stock market.
Greg Johnson
January 2, 2013
I'd like to add my words of condolence and sympathy to the family of Robert Drach and to those who knew this wonderful man. I had the privilege of meeting him at an AAII (American Association of Individual Investors) meeting in 2000, and immediately realized the unique concept he had of equity investing. I subscribed to his newsletter and continue to gain from the wisdom and the humor in the articles.
Andrew Levitan,MD
December 27, 2012
Bob Drach was a friend and mentor to me. A brilliant man, I am sure his legacy and investing methodology will be carried on by his equally brilliant son, Robert Drach Jr. I would like to express my deepest condolences to his family members. I will miss you my friend.
William Fitch
December 27, 2012
Bob and I were friends for a long time. he was best man at my wedding in 1964. We go back a long way. Condolences to his family......
Joel Porter, M.D.
December 24, 2012
Like many others, I became a big fan of Bob Drach about 15 years ago.. I was so very fortunate to be able to speak to him on the telephone many times, as he surprised me the first time I called by answering the phone himself. No receptionist. "Why do I need one, they just are more trouble than they were worth", he suggested. He was so kind to me and he would talk for a very long time. Invariably, his dog would bark and he would need to end the call to walk him. I regret I haven't spoke to him in quite a while. My loss, and a big loss for many, many others.I extend my heartfelt sympathies to his many friends and above all to his family.
John Rammelkamp
December 23, 2012
Five years ago I had heard of the Drach Report from a friend, and I subscribed to it at the time because of its brilliant and compelling analysis. Over this time, Mr. Drach's report helped to get through the worst of the Great Recession and was the most excellent pilot for navigating the financial storms. Mr. Drach also took the time to personally respond to my beginner's questions, for which I am extremely grateful. I would like to express my great sorrow at his passing and my condolences to his family.
Jerry Rakoczy
December 21, 2012
I have suscribed to Mr. Drach's weekly newletter for over 10 years and was very sorry to hear of his passing today. Even though I never met him I almost feel like I lost a family member. Mr. Drach's newsletter was a great help to me managing my own and my wife's stock portfolios over the years and has helped my wife and I achive finanical indepedence. I will really miss his humor in his weekly commentary as well. My heart goes out to his family and would like to offer my condloences to them.
Chris Martin
December 21, 2012
Bob and I were good friends in our early teens. HIs irony and sarcasm went past most of his contemporaries at that age. A very funny guy and an old man at twelve. Dot and George were friends of my parents back in the days when Democrats and Republicans could actually say that. Even though we didn't interact as adults, this one hurts.
JOHN 'JAY" STAAB
December 21, 2012
The Robert Drach Family: Sorry to read of the passing of Robert. I went to school with D'Anne and Betsy at Blessed Sacrament grade school in springfield,il. We are relatives, my Grandmother was a Franz.I will remember Robert in my prayers. D'Anne please contact me.(520)760-8225
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