Max founded the firm in 1996 after 20 years with Bear Stearns, where he managed option accounts on a discretionary basis. He has often been quoted in the media, including The Wall Street Journal, and has been a frequent guest commentator on the Bloomberg Television Network, as well as the Fox News Channel and CNBC. He is the author of three books on investing, including The New Options Market, Fourth Edition, which was the first book published in America on exchange-traded options, and has become one of the all-time best-selling books on the subject. He was featured in Forbes magazine, October 18, 2004. Mr. Ansbacher is a graduate of the University of Vermont and Yale Law School. He serves on the boards of The Bridge Fund of New York City and The University of Vermont Foundation where he is the Chairman of the Audit Committee.