Buffalo Gal

Growing up in the snowblower society of Buffalo, New York, Laura Pedersen s first words were most likely turn the wheel into a skid. Like many families subsisting in the frigid North during the energy crisis, the Pedersens feared rising prices at the gas pump, argued about the thermostat, fought over the dog to stay warm at night, and often slept in their clothes. While her parents were preoccupied with surviving separation and stagflation, daughter Laura became the neighborhood wild child, skipping school, playing poker, betting on the horses, and trading stocks. Learning how to beat the odds, by high school graduation Pedersen was well prepared to seek her fortune on Wall Street, becoming the youngest person to have a seat on the American Stock Exchange and a millionaire by age 21.