In Israel for a Governing Board meeting of the World Jewish Congress, Argentinian financier Eduardo Elsztain told the Calcalist online business magazine the reason why he stays away from the stock market.

Elsztain attributes his favoring real estate over other investments to advice he received by the Rebbe in 1991.

When asked what he should do about his $45 million in stocks, the Rebbe reportedly told Elsztain that stress over the market robs a person of peace of mind, thereby preventing him from performing Jewish deeds to the best of his ability.

The stock market tanked a short time after Elsztain converted his holdings. …