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| carol loomis articles: Tap Dancing to Work Carol Loomis, 2014 Tap Dancing to Work compiles six decades of writing on legendary investor Warren Buffett, from Carol Loomis, the reporter who knows him best. Warren Buffett built Berkshire Hathaway into something remarkable - and Fortune had a front-row seat. When Fortune writer Carole Loomis first mentioned a little-known Omaha hedge fund manager in a 1966 article, she didn't dream that Warren Buffett would become the world's greatest investor. Nor did she imagine that she and Buffett would be close friends. As Buffett's fortune and reputation grew, Loomis used her unique insight into his thinking to chronicle his work, writing scores of stories that tracked his many accomplishments - and his occasional mistakes. Now Loomis has collected and updated the best Buffett articles from Fortune between 1966 and 2013, including cover stories and pieces by Buffett himself. Readers will gain fresh insights into Buffett's investment strategies and his thinking on management, philanthropy, public policy, and even parenting. |
| carol loomis articles: Tap Dancing to Work Carol J. Loomis, 2013-12-31 Warren Buffett built Berkshire Hathaway into something remarkable— and Fortune journalist Carol Loomis had a front-row seat for it all. When Carol Loomis first mentioned a little-known Omaha hedge fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor—nor that she and Buffett would quickly become close personal friends. As Buffett’s fortune and reputation grew over time, Loomis used her unique insight into Buffett’s thinking to chronicle his work for Fortune, writing and proposing scores of stories that tracked his many accomplishments—and also his occasional mistakes. Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including thirteen cover stories and a dozen pieces authored by Buffett himself. Loomis has provided commentary about each major article that supplies context and her own informed point of view. Readers will gain fresh insights into Buffett’s investment strategies and his thinking on management, philanthropy, public policy, and even parenting. Some of the highlights include: The 1966 A. W. Jones story in which Fortune first mentioned Buffett. The first piece Buffett wrote for the magazine, 1977’s “How Inf lation Swindles the Equity Investor.” Andrew Tobias’s 1983 article “Letters from Chairman Buffett,” the first review of his Berkshire Hathaway shareholder letters. Buffett’s stunningly prescient 2003 piece about derivatives, “Avoiding a Mega-Catastrophe.” His unconventional thoughts on inheritance and philanthropy, including his intention to leave his kids “enough money so they would feel they could do anything, but not so much that they could do nothing.” Bill Gates’s 1996 article describing his early impressions of Buffett as they struck up their close friendship. Scores of Buffett books have been written, but none can claim this work’s combination of trust between two friends, the writer’s deep understanding of Buffett’s world, and a very long-term perspective. |
| carol loomis articles: Dear Chairman Jeff Gramm, 2016-02-23 An “engaging and informative” history of one of capitalism’s longest-running tensions—the high-stakes battles between management and shareholders (The New Yorker). Recent disputes between shareholders and major corporations, including Apple and DuPont, have made headlines. But the struggle between management and those who own stock has been going on for nearly a century. Mixing never-before-published and rare, original letters from Wall Street icons—including Benjamin Graham, Warren Buffett, Ross Perot, Carl Icahn, and Daniel Loeb—with masterful scholarship and professional insight, Dear Chairman traces the rise in shareholder activism from the 1920s to today, and provides an invaluable and unprecedented perspective on what it means to be a public company, including how they work and who is really in control. Jeff Gramm analyzes different eras and pivotal boardroom battles, using the letters to show how investors interact with directors and managers, how they think about their target companies, and how they plan to profit. Each is a fascinating example of capitalism at work told through the voices of its most colorful, influential participants. A hedge fund manager and adjunct professor at Columbia Business School, Gramm has seen public companies that are poorly run, and some that willfully disenfranchise their shareholders. While he pays tribute to the ingenuity of public company investors, Gramm also exposes examples of shareholder activism at its very worst, when hedge funds engineer stealthy land-grabs at the expense of a company’s long-term prospects. Ultimately, he provides a thorough, much-needed understanding of the public company/shareholder relationship for investors, managers, and everyone concerned with the future of capitalism. “An illuminating read for those wondering what drives activists.” —The Wall Street Journal “An excellent read . . . Gramm has collected a series of deliciously rich letters, many of which were never before published.” —The New York Times “The story of the rise of shareholder activism has never been told as compellingly . . . a book that dissects the dramatic deals and brings to life the unbelievable characters of the past hundred years.” —Arthur Levitt, former chairman, US Securities and Exchange Commission |
| carol loomis articles: Summary of Carol J. Loomis's Tap Dancing to Work Milkyway Media, 2022-08-19 Buy now to get the main key ideas from Carol J. Loomis's Tap Dancing to Work Tap Dancing to Work (2012) looks at the long life of investor and philanthropist Warren Buffett, chairman and CEO of Berkshire Hathaway and one of America’s richest men. Carol Loomis, who led coverage of Buffett for decades at Fortune magazine, collected more than 40 articles along with excerpts from Buffett’s annual letters to shareholders to showcase his ideas on just about everything. Some articles are lighthearted, such as one that explores whether Warren and singer Jimmy Buffett are related (maybe). For the most part, though, the articles highlight his investment strategies, his long-time friendship with Microsoft’s Bill Gates, and his profound impact on the US economy, the stock market, and CEOs worldwide. |
| carol loomis articles: Developing an Investment Philosophy Philip A. Fisher, 1980 |
| carol loomis articles: The Warren Buffett Way Robert G. Hagstrom, 2013-09-30 Warren Buffett is the most famous investor of all time and one of today’s most admired business leaders. He became a billionaire and investment sage by looking at companies as businesses rather than prices on a stock screen. The first two editions of The Warren Buffett Way gave investors their first in-depth look at the innovative investment and business strategies behind Buffett's spectacular success. The new edition updates readers on the latest investments by Buffett. And, more importantly, it draws on the new field of behavioral finance to explain how investors can overcome the common obstacles that prevent them from investing like Buffett. New material includes: How to think like a long-term investor – just like Buffett Why loss aversion, the tendency of most investors to overweight the pain of losing money, is one of the biggest obstacles that investors must overcome. Why behaving rationally in the face of the ups and downs of the market has been the key to Buffett's investing success Analysis of Buffett's recent acquisition of H.J. Heinz and his investment in IBM stock The greatest challenge to emulating Buffett is not in the selection of the right stocks, Hagstrom writes, but in having the fortitude to stick with sound investments in the face of economic and market uncertainty. The new edition explains the psychological foundations of Buffett's approach, thus giving readers the best roadmap yet for mastering both the principles and behaviors that have made Buffett the greatest investor of our generation. |
| carol loomis articles: The Buffett Code: Inside the Mind of the World’s Greatest Investor Scott D. Whitman, What if you could decode the mindset of Warren Buffett—and apply it to your life starting today? More than just a billionaire investor, Warren Buffett is a living blueprint of strategic thinking, humility, and long-term success. In The Buffett Code, Scott D. Whitman takes you beyond the headlines and into the heart of the man whose wisdom has guided generations of investors, entrepreneurs, and leaders. This isn’t another book about stock picks or financial jargon. It’s about the philosophy, the principles, and the disciplines that Buffett lives by—timeless codes that anyone can adopt to build wealth, lead with integrity, and create a legacy that lasts. 🧠 What will you unlock inside this book? The mindset behind Buffett’s greatest investments—and his biggest lessons from failure Why patience, simplicity, and clarity are Buffett’s secret weapons in a noisy world The surprising habits, routines, and mental models that fuel his decision-making How Buffett views risk, opportunity cost, and long-term thinking (and how you can too) Leadership lessons from his partnerships, including what makes someone truly valuable How to live a life that’s not just rich in money—but rich in meaning 🔑 Why THIS book? Why NOW? Because we’re living in a world obsessed with quick wins, hype, and shortcuts. Buffett represents the antidote: a code of clarity, consistency, and compounding success—financially, professionally, and personally. 👥 Who is this book for? Aspiring investors who want a compass, not chaos Entrepreneurs looking to build not just businesses, but empires with heart Leaders who value wisdom over noise and substance over flash Students, professionals, and dreamers who believe wealth is more than money—it’s mindset 🕰️ When should you read this? Right now. The earlier you understand the Buffett Code, the faster you can apply it to every area of your life—and watch the results compound over time. If you’re ready to think deeper, lead smarter, and invest wiser, The Buffett Code is your key. Get your copy today—and step into the mind of a legend to unlock your own greatness. |
| carol loomis articles: Talent Is Overrated Geoff Colvin, 2008-10-16 Expanding on a landmark cover story in Fortune, a top journalist debunks the myths of exceptional performance. One of the most popular Fortune articles in many years was a cover story called What It Takes to Be Great. Geoff Colvin offered new evidence that top performers in any field--from Tiger Woods and Winston Churchill to Warren Buffett and Jack Welch--are not determined by their inborn talents. Greatness doesn't come from DNA but from practice and perseverance honed over decades. And not just plain old hard work, like your grandmother might have advocated, but a very specific kind of work. The key is how you practice, how you analyze the results of your progress and learn from your mistakes, that enables you to achieve greatness. Now Colvin has expanded his article with much more scientific background and real-world examples. He shows that the skills of business, negotiating deals, evaluating financial statements, and all the rest obey the principles that lead to greatness, so that anyone can get better at them with the right kind of effort. Even the hardest decisions and interactions can be systematically improved. This new mind-set, combined with Colvin's practical advice, will change the way you think about your job and career and will inspire you to achieve more in all you do. |
| carol loomis articles: More Money Than God Sebastian Mallaby, 2011-05-03 Wealthy, powerful, and potentially dangerous, hedge-find managers have emerged as the stars of twenty-first century capitalism. Based on unprecedented access to the industry, More Money Than God provides the first authoritative history of hedge funds. This is the inside story of their origins in the 1960s and 1970s, their explosive battles with central banks in the 1980s and 1990s, and finally their role in the financial crisis of 2007-9. Hedge funds reward risk takers, so they tend to attract larger-than-life personalities. Jim Simons began life as a code-breaker and mathematician, co-authoring a paper on theoretical geometry that led to breakthroughs in string theory. Ken Griffin started out trading convertible bonds from his Harvard dorm room. Paul Tudor Jones happily declared that a 1929-style crash would be 'total rock-and-roll' for him. Michael Steinhardt was capable of reducing underlings to sobs. 'All I want to do is kill myself,' one said. 'Can I watch?' Steinhardt responded. A saga of riches and rich egos, this is also a history of discovery. Drawing on insights from mathematics, economics and psychology to crack the mysteries of the market, hedge funds have transformed the world, spawning new markets in exotic financial instruments and rewriting the rules of capitalism. And while major banks, brokers, home lenders, insurers and money market funds failed or were bailed out during the crisis of 2007-9, the hedge-fund industry survived the test, proving that money can be successfully managed without taxpayer safety nets. Anybody pondering fixes to the financial system could usefully start here: the future of finance lies in the history of hedge funds. |
| carol loomis articles: The Complete Guide to Hedge Funds and Hedge Fund Strategies D. Capocci, 2013-07-30 One-stop-guide to the hedge fund industry, investment and trading strategies adopted by hedge funds and the industry's regulation. For anyone with an interest in investing or managing funds, it presents everything practitioners need to know to understand these investment vehicles from their theoretical underpinnings, to how they work in practice. |
| carol loomis articles: Enlarging economic doctrine United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Energy and Power, 1976 |
| carol loomis articles: Conscious Globalism David A. Schwerin, 2005 Conscious Globalism explores today's economic, political, and social conflicts and offers timely, pragmatic solutions. Schwerin probes deeply and finds that an erroneous view of reality - with its corresponding distortions - is the source of most problems. This book draws on the author's 30 years of business experience, a lifelong study of ageless wisdom, and extensive worldwide travel to provide practical tools and models for resolving global conflicts and enriching lives. This is the author's second book. |
| carol loomis articles: Common Stocks as Long Term Investments Edgar Lawrence Smith, 1924 |
| carol loomis articles: AARP Getting Started in Hedge Funds Daniel A. Strachman, 2011-12-12 AARP Digital Editions offer you practical tips, proven solutions, and expert guidance. The hedge fund industry has been reeling in the wake of recent Ponzi schemes and insider trading scandals as well as the loss of billions of dollars in assets under management due to fund closures. Getting Started in Hedge Funds, Third Edition focuses on the current state of the industry; how hedge funds did or did not survive the subprime and subsequent credit crisis; and, what the future holds for investors. Getting Started in Hedge Funds, Third Edition also provides readers with a brief overview of the industry's history, and describes the inner-workings of these complex investment vehicles, including how to start a hedge fund, and what new regulations means for managers and investors. Profiles 10 highly successful hedge fund managers Addresses the Madoff scandal, as well as other lesser known Ponzi schemes, and analyzes the ripple effect felt throughout the industry as a result of these and other scandals Despite the performance of some of these funds in the last few years, hedge funds are here to stay. In this Third Edition, Getting Started in Hedge Funds, Strachman provides an updated how-to guide for investors interested in hedge funds in this era of new normal. |
| carol loomis articles: A Guide to Starting Your Hedge Fund Erik Serrano Berntsen, John Thompson, 2015-03-03 Successful hedge fund investing begins with well-informed strategy A Guide to Starting Your Hedge Fund is a practical, definitive how-to guide, designed to help managers design and launch their own funds, and to help investors select and diligence new funds. The first book to examine the practical aspects of setting up and operating funds with a focus on energy commodity markets, this book scrutinises the due diligence process and comprehensively reviews the opportunities and risks of all energy commodity markets as hedge fund investments. Extensive planning and strategy advice prove invaluable to prospective fund managers and investors alike, and detailed discussion of the markets' constraints help inform procedural decisions. Readers gain insight into practical matters including legal and commercial structures, due diligence, fund raising, operations, and more, allowing them to construct a concrete investment plan before ever touching a penny. Asset managers are looking to energy commodities to provide attractive uncorrelated – if volatile – returns. These high returns, however, are accompanied by high risk. Few investors have experience evaluating these investment opportunities, and few prospective fund managers understand the market fundamentals and their associated risks. This book provides the answers sorely lacking in hedge fund literature, giving investors and fund managers the background they need to make smarter decisions. Understand the markets' structures, opportunities, and risks Develop a comprehensive, well-informed investment strategy Conduct thorough due diligence with a detailed plan Examine the practical aspects of fund raising, legal and tax structure, and more Oil has long been traded by hedge funds, but electricity, the fuels that generate electricity, and the environmental products like emissions allowances and weather derivatives have become the new hot investment strategies. These high returns come with higher risk, but A Guide to Starting Your Hedge Fund ensures participants have essential information at their disposal. |
| carol loomis articles: Getting Started in Hedge Funds Daniel A. Strachman, 2005-08-19 Getting Started in Hedge Funds, Second Edition removes the veil of secrecy surrounding hedge funds and provides investors with a complete and highly accessible introduction to the world of hedge funds. Filled with comprehensive updates and additions, Getting Started in Hedge Funds, Second Edition offers readers the latest information about this continuously growing area of finance. It outlines how hedge funds operate, guidelines for choosing a hedge fund, strategies for fund managers, new investors can get in on the action, and much more. Unlike the technology bubble of the late twentieth century, which lasted a mere three years, hedge funds are here to stay and Getting Started in Hedge Funds, Second Edition has everything readers need to know to benefit from this lucrative investment vehicle. |
| carol loomis articles: I Know Why the Caged Bird Sings Maya Angelou, 2010-07-21 Here is a book as joyous and painful, as mysterious and memorable, as childhood itself. I Know Why the Caged Bird Sings captures the longing of lonely children, the brute insult of bigotry, and the wonder of words that can make the world right. Maya Angelou’s debut memoir is a modern American classic beloved worldwide. Sent by their mother to live with their devout, self-sufficient grandmother in a small Southern town, Maya and her brother, Bailey, endure the ache of abandonment and the prejudice of the local “powhitetrash.” At eight years old and back at her mother’s side in St. Louis, Maya is attacked by a man many times her age—and has to live with the consequences for a lifetime. Years later, in San Francisco, Maya learns that love for herself, the kindness of others, her own strong spirit, and the ideas of great authors (“I met and fell in love with William Shakespeare”) will allow her to be free instead of imprisoned. Poetic and powerful, I Know Why the Caged Bird Sings will touch hearts and change minds for as long as people read. “I Know Why the Caged Bird Sings liberates the reader into life simply because Maya Angelou confronts her own life with such a moving wonder, such a luminous dignity.”—James Baldwin From the Paperback edition. |
| carol loomis articles: The Outsiders William N. Thorndike Jr., 2012-10-02 “An outstanding book about CEOs who excelled at capital allocation.” — Warren Buffett #1 on Warren Buffett’s Recommended Reading List, Berkshire Hathaway Annual Shareholder Letter, 2012 Named one of “19 Books Billionaire Charlie Munger Thinks You Should Read” in Business Insider. “A book that details the extraordinary success of CEOs who took a radically different approach to corporate management.” — Charlie Munger, Vice-Chairman of Berkshire Hathaway Corporation “Thorndike explores the importance of thoughtful capital allocation through the stories of eight successful CEOs. A good read for any business leader but especially those willing to chart their own course.” — Michael Dell, chairman of the board of directors and chief executive officer of Dell What makes a successful CEO? Most people call to mind a familiar definition: “a seasoned manager with deep industry expertise.” Others might point to the qualities of today’s so-called celebrity CEOs—charisma, virtuoso communication skills, and a confident management style. But what really matters when you run an organization? What is the hallmark of exceptional CEO performance? Quite simply, it is the returns for the shareholders of that company over the long term. In this refreshing, counterintuitive book, author Will Thorndike brings to bear the analytical wisdom of a successful career in investing, closely evaluating the performance of companies and their leaders. You will meet eight individualistic CEOs whose firms’ average returns outperformed the S&P 500 by a factor of twenty—in other words, an investment of $10,000 with each of these CEOs, on average, would have been worth over $1.5 million twenty-five years later. You may not know all their names, but you will recognize their companies: General Cinema, Ralston Purina, The Washington Post Company, Berkshire Hathaway, General Dynamics, Capital Cities Broadcasting, TCI, and Teledyne. In The Outsiders, you’ll learn the traits and methods—striking for their consistency and relentless rationality—that helped these unique leaders achieve such exceptional performance. Humble, unassuming, and often frugal, these “outsiders” shunned Wall Street and the press, and shied away from the hottest new management trends. Instead, they shared specific traits that put them and the companies they led on winning trajectories: a laser-sharp focus on per share value as opposed to earnings or sales growth; an exceptional talent for allocating capital and human resources; and the belief that cash flow, not reported earnings, determines a company’s long-term value. Drawing on years of research and experience, Thorndike tells eye-opening stories, extracting lessons and revealing a compelling alternative model for anyone interested in leading a company or investing in one—and reaping extraordinary returns. |
| carol loomis articles: Market Sense and Nonsense Jack D. Schwager, 2012-11-06 Bestselling author, Jack Schwager, challenges the assumptions at the core of investment theory and practice and exposes common investor mistakes, missteps, myths, and misreads When it comes to investment models and theories of how markets work, convenience usually trumps reality. The simple fact is that many revered investment theories and market models are flatly wrong—that is, if we insist that they work in the real world. Unfounded assumptions, erroneous theories, unrealistic models, cognitive biases, emotional foibles, and unsubstantiated beliefs all combine to lead investors astray—professionals as well as novices. In this engaging new book, Jack Schwager, bestselling author of Market Wizards and The New Market Wizards, takes aim at the most perniciously pervasive academic precepts, money management canards, market myths and investor errors. Like so many ducks in a shooting gallery, Schwager picks them off, one at a time, revealing the truth about many of the fallacious assumptions, theories, and beliefs at the core of investment theory and practice. A compilation of the most insidious, fundamental investment errors the author has observed over his long and distinguished career in the markets Brings to light the fallacies underlying many widely held academic precepts, professional money management methodologies, and investment behaviors A sobering dose of real-world insight for investment professionals and a highly readable source of information and guidance for general readers interested in investment, trading, and finance Spans both traditional and alternative investment classes, covering both basic and advanced topics As in his best-selling Market Wizard series, Schwager manages the trick of covering material that is pertinent to professionals, yet writing in a style that is clear and accessible to the layman |
| carol loomis articles: The Watchdog That Didn't Bark Dean Starkman, 2014-01-07 The Pulitzer Prize-winning reporter details “how the U.S. business press could miss the most important economic implosion of the past eighty years” (Eric Alterman, media columnist for The Nation). In this sweeping, incisive post-mortem, Dean Starkman exposes the critical shortcomings that softened coverage in the business press during the mortgage era and the years leading up to the financial collapse of 2008. He examines the deep cultural and structural shifts—some unavoidable, some self-inflicted—that eroded journalism’s appetite for its role as watchdog. The result was a deafening silence about systemic corruption in the financial industry. Tragically, this silence grew only more profound as the mortgage madness reached its terrible apogee from 2004 through 2006. Starkman frames his analysis in a broad argument about journalism itself, dividing the profession into two competing approaches—access reporting and accountability reporting—which rely on entirely different sources and produce radically different representations of reality. As Starkman explains, access journalism came to dominate business reporting in the 1990s, a process he calls “CNBCization,” and rather than examining risky, even corrupt, corporate behavior, mainstream reporters focused on profiling executives and informing investors. Starkman concludes with a critique of the digital-news ideology and corporate influence, which threaten to further undermine investigative reporting, and he shows how financial coverage, and journalism as a whole, can reclaim its bite. “Can stand as a potentially enduring case study of what went wrong and why.”—Alec Klein, national bestselling author of Aftermath “With detailed statistics, Starkman provides keen analysis of how the media failed in its mission at a crucial time for the U.S. economy.”—Booklist |
| carol loomis articles: Empower Your Investing Scott A. Chapman CFA, 2019-08-20 Investing is a life skill and, like any life skill, the key is to learn from those who have already done it well. Empower Your Investing offers a success-based mental framework, discipline, and toolkit for your investing success. This book examines the best practices from masters of the investing world who’ve demonstrated success over many market cycles: Sir John Templeton, Peter Lynch, and Warren Buffett. The case studies of their winning picks blend the prevailing news and popular opinion at the time of their successful investments with their rationale for buying stocks as they explained in subsequent interviews. “Just as athletes might study Michael Jordan, Mohammed Ali, and Babe Ruth, every investor should know and understand John Templeton, Peter Lynch, and Warren Buffett. Scott Chapman brilliantly showcases the investment world's Greatest of All Time (G.O.A.T.) so every stock market participant, from novice to seasoned professional, can learn the lessons of those who have reached the pinnacle of success. With a comprehensive step-by-step approach, Chapman provides a deep understanding of what it takes to be the best.” —Robert P. Miles, Author, The Warren Buffett CEO; Executive in Residence, University of Nebraska at Omaha “Scott Chapman’s book is a clear read for any investor who wants to learn how to invest better. Scott is a successful long-term investor and educator who is someone all investors can learn from. He shares some of the best investment advice and actual experiences of three of the best investors in history—Peter Lynch, Warren Buffett, and Sir John Templeton. This book will help every person improve their investment skill from the beginning investor to professionally trained CFA analysts.” —Craig Braemer, CFA; Blossom Wealth Portfolio Manager and Founder of Braemer Asset Management, LLC. |
| carol loomis articles: CEO Pay and the Mortgage Crisis United States. Congress. House. Committee on Oversight and Government Reform, 2008 |
| carol loomis articles: Hedge Fund Analysis Frank J. Travers, 2012-08-14 A detailed, step-by-step book covering the entire hedge fund evaluation process Investing in hedge funds is different from investing in other asset classes. There is much less publicly available information about hedge funds performance than there is about mutual funds or individual stocks. Consequently, investing in this class requires more sophisticated investment knowledge, greater due diligence, and, in many cases, a better-developed ability to evaluate investment managers. Hedge Fund Analysis provides a broad framework of how to approach this endeavor, from initial screening to analytical techniques, interviewing skills, and legal and contract negotiations. Along the way, it demonstrates a variety of mechanisms for monitoring and tracking hedge funds and the underlying hedge fund portfolios—explaining each stage of the process in minute detail and providing specific examples which fully explain the opportunities and challenges you'll face each step of the way. Provides a detailed look at how to source hedge funds, screen through them, and rank their strengths and weaknesses Lays out a thorough process for evaluating funds, from initial interviews to performance analysis to onsite meetings Reveals what questions to ask by strategy in order to understand the underlying risk factors associated with each Highlights non-investment analysis, including operational due diligence and risk management, as integral elements in the process Written by a financial professional with over twenty years of experience conducting investment manager due diligence, this book will put you in a position to make more informed decisions when investing in hedge funds. |
| carol loomis articles: Capital Formation United States. Congress. Senate. Select Committee on Small Business, 1978 |
| carol loomis articles: Rogue Traders (HC) Scott E.D. Skyrm, 2014-09-16 Ever since the earliest days of commerce, business people have organized themselves into partnerships. They formed groups with a common interest and worked together as a single unit, assuming both the risks and rewards of the business. It was a natural way of achieving a common goal. If the business succeeded, all of the partners made money. If it flourished, the partners even sometimes became rich. However, success wasn’t assured and if the business failed, they all suffered together. In addition to a multitude of other industries, this was the model that dominated how Wall Street firms operated up until the 1980’s. Beginning in the 1980’s, it was not uncommon to find that a freshly-hired trainee – a kid literally right out of college – knew more about the new financial instruments than the CEO of the firm that hired him. In some instances, the kids were learning about the finer points of newly-invented instruments before their managers knew they even existed. These were the new breed of traders scattered across the trading desks. The individuals whose stories compose the contents of this book are some of the smartest people you’ll ever read about. They had an intimate understanding of the markets and how best to make money from them, but they also had an equally in-depth knowledge of some of the flaws in the markets. Or sometimes, flaws in the systems at the banks themselves. They used their knowledge to make money. And when that failed, they often used their knowledge of how the system was structured to hide their losses. And when that failed, there was no turning back. |
| carol loomis articles: Applied Wisdom Alexander Ineichen, 2021-11-16 Applying wisdom and avoiding foolishness are two sides of the same coin. Slipping away from either can lead to risky and uncertain situations. Luckily, author Alexander Ineichen has been collecting witticisms for thirty-five years that have made him successful in his career and life. In Applied Wisdom, he collects an anthology of wit and wisdom containing over 700 quotations from sources as wide ranging as Thomas Aquinas and Frank Zappa. He provides entertaining food for thought for businesspeople and the general audience alike, and enables readers to think outside the box to find wisdom. These nuggets, along with his commentary for each, are the valuable words needed for those facing risk and uncertainty. The witticisms provide a full range of being level-headed, truth seeking, brutally heretical, wonderfully insightful, refreshingly politically incorrect, and other intellectual treats and provocations. The advice, blending economics, politics, history, philosophy, psychology, risk management, and much more, provides a winning mix of humor, intellectual heft, and economic survival tips. |
| carol loomis articles: Risk Management and Financial Institutions, + Web Site John Hull, 2012-05-08 This text takes risk management theory and explains it in a 'this is how you do it' manner for practical application in today's financial world. |
| carol loomis articles: Prominent Families of New York Lyman Horace Weeks, 1898 |
| carol loomis articles: Hedge Funds Greg N. Gregoriou, Vassilios N. Karavas, Fabrice Rouah, 2003 Twenty-one contributions from academics and practitioners discuss recent research on hedge funds. Aimed at investment professionals and high net worth individuals, the text deals with current methods of hedge fund tracking, evaluation, and selection. Sample topics include convertible arbitrage funds |
| carol loomis articles: The Snowball Alice Schroeder, 2009-09-16 Shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Prize 2008 The Snowball is the first and will be the only biography of the world's richest man, Warren Buffett, written with his full cooperation and collaboration. Combining a unique blend of The Sage of Omaha's business savvy, life story and philosophy, The Snowball is essential reading for anyone wishing to discover and replicate the secrets of his business and life success. Warren Buffett is arguably the world's greatest investor. Even as a child he was fascinated by the concept of risk and probability, setting up his first business at the age of six. In 1964 he bought struggling Massachusetts textile firm Berkshire Hathaway and grew it to be the 12th largest corporation in the US purely through the exercise of sound investing principles - a feat never equalled in the annals of business. Despite an estimated net worth of around US$62 billion, Buffett leads an intriguingly frugal life taking home a salary of only £50,000 a year. His only indulgence is a private jet, an extravagance he wryly acknowledges by calling it The Indefensible. In 2006, he made the largest charitable donation on record, with most of it going to the Bill & Melinda Gates Foundation. The Snowball provides a comprehensive, richly detailed insight one of the world's most extraordinary and much loved public figures. |
| carol loomis articles: Hedged Margot Susca, 2024-01-23 The untold history of an American catastrophe The ultrawealthy largely own and guide the newspaper system in the United States. Through entities like hedge funds and private equity firms, this investor class continues to dismantle the one institution meant to give voice to average citizens in a democracy. Margot Susca reveals the little-known history of how private investment took over the newspaper industry. Drawing on a political economy of media, Susca’s analysis uses in-depth interviews and documentary evidence to examine issues surrounding ownership and power. Susca also traces the scorched-earth policies of layoffs, debt, cash-outs, and wholesale newspaper closings left behind by private investors and the effects of the devastation on the future of news and information. Throughout, Susca reveals an industry rocked less by external forces like lost ad revenue and more by ownership and management obsessed with profit and beholden to private fund interests that feel no responsibility toward journalism or the public it is meant to serve. |
| carol loomis articles: Warren Buffett Robert G. Hagstrom, 2023-01-12 In Warren Buffett: Inside the Ultimate Money Mind, Hagstrom breaks new ground with a deep analysis of Buffett's essential wisdom, an intricate mosaic of wide-ranging ideas and insights that Buffett calls a Money Mind. What exactly is a Money Mind? At one level, it's a way of thinking about major financial issues such as capital allocation. At another level, it summarizes an overall mindset for successfully investing in today’s fast-paced stock market, a mindset that depends on a commitment to learning, adapting, and facing down irrelevant noise. This is not a method book. It is a thinking book. Warren Buffett: Inside the Ultimate Money Mind explains the philosophies of self-reliance, stoicism, rationalism, and pragmatism and their contributions to making intelligent investment decisions. It also outlines the evolution of value investing, discusses how to develop a business-driven investing mindset, and describes the defining traits of successful active management. Lastly, it examines the surprising aspects of a Money Mind – sportsman, teacher, and artist. In short, Warren Buffett: Inside the Ultimate Money Mind helps readers understand the building blocks that go into making a Money Mind so they can begin to incorporate its principles in the service to a life of value. Testimonials An erudite masterpiece... –Lawrence A. Cunningham, author; professor and director, Quality Shareholders Initiative, George Washington University It's another must-read... –Bethany McLean, journalist and Contributing Editor, Vanity Fair, author, Saudi America and co-author The Smartest Guys in the Room Pure Genius! This is a game changer in investment books... –Robert P. Miles, author; Executive in Residence, University of Nebraska at Omaha, Executive MBA Program, 'The Genius of Warren Buffett' Effervescence and thoughtful analysis of Buffett's life and work... –Tom Gayner, Co-chief Executive Officer, Markel Corporation Hagstrom's books always enable readers to think about the world in new ways... –Tren Griffin, author, Charlie Munger: The Complete Investor |
| carol loomis articles: Business Scandals, Corruption, and Reform Gary Giroux, 2013-07-12 Written by an expert on financial analysis and capitalism, this book describes the widespread corruption and specific scandals that have occurred throughout history when ethically-challenged innovators and greedy scoundrels are unable to resist the dark side of corruption. Since the dawn of civilization, corruption has had a perpetual impact on the world's economies. In the modern, technology-enabled, global economy, the effects of those who manipulate free-market capitalism for their own gains regardless of methodology continue to be a problem, despite reforms instituted to attempt to discourage the most blatant practices. Business Scandals, Corruption, and Reform: An Encyclopedia contains more than 300 entries that describe the myriad aspects of corruption, business scandals, and attempts at reform, providing not only detailed information about specific accounting scandals and earnings manipulation but also a broad examination of the entire history of business corruption throughout human civilization. Reviewing all the major scandals from tulip mania in the early 17th century to the subprime mortgage crisis of 2008 and beyond, the author illuminates how corrupt actors in business and the attempts to eliminate these types of abuses have been instrumental to the developing institutional framework of free-market capitalism. |
| carol loomis articles: Energy And Economic Theory Ferdinand E Banks, 2015-02-11 This book is an up-to-date primer covering the most important subjects in energy economics, with particular attention paid to oil, natural gas, and nuclear energy, and without an excessive amount of mathematics. The first three survey chapters constitute an introductory (and mostly non-technical) short course in modern energy economics. Most of the technical analysis is taken up in the following four chapters, while the last chapter is a completely non-technical summation that can be read independent of the rest of the book. Written in a user-friendly tone, it is suitable as a textbook for undergraduate and/or graduate students, but most of the book should be accessible to anyone with a serious interest in energy economics. |
| carol loomis articles: A Man for All Markets Edward O. Thorp, 2018-04-17 The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street. A child of the Great Depression, legendary mathematician Edward O. Thorp invented card counting, proving the seemingly impossible: that you could beat the dealer at the blackjack table. As a result he launched a gambling renaissance. His remarkable success—and mathematically unassailable method—caused such an uproar that casinos altered the rules of the game to thwart him and the legions he inspired. They barred him from their premises, even put his life in jeopardy. Nonetheless, gambling was forever changed. Thereafter, Thorp shifted his sights to “the biggest casino in the world”: Wall Street. Devising and then deploying mathematical formulas to beat the market, Thorp ushered in the era of quantitative finance we live in today. Along the way, the so-called godfather of the quants played bridge with Warren Buffett, crossed swords with a young Rudy Giuliani, detected the Bernie Madoff scheme, and, to beat the game of roulette, invented, with Claude Shannon, the world’s first wearable computer. Here, for the first time, Thorp tells the story of what he did, how he did it, his passions and motivations, and the curiosity that has always driven him to disregard conventional wisdom and devise game-changing solutions to seemingly insoluble problems. An intellectual thrill ride, replete with practical wisdom that can guide us all in uncertain financial waters, A Man for All Markets is an instant classic—a book that challenges its readers to think logically about a seemingly irrational world. Praise for A Man for All Markets “In A Man for All Markets, [Thorp] delightfully recounts his progress (if that is the word) from college teacher to gambler to hedge-fund manager. Along the way we learn important lessons about the functioning of markets and the logic of investment.”—The Wall Street Journal “[Thorp] gives a biological summation (think Richard Feynman’s Surely You’re Joking, Mr. Feynman!) of his quest to prove the aphorism ‘the house always wins’ is flawed. . . . Illuminating for the mathematically inclined, and cautionary for would-be gamblers and day traders”— Library Journal |
| carol loomis articles: Warren Buffett Robert G. Hagstrom, 2021-02-23 In Warren Buffett: Inside the Ultimate Money Mind, Hagstrom breaks new ground with a deep analysis of Buffett's essential wisdom, an intricate mosaic of wide-ranging ideas and insights that Buffett calls a Money Mind. What exactly is a Money Mind? At one level, it's a way of thinking about major financial issues such as capital allocation. At another level, it summarizes an overall mindset for successfully investing in today’s fast-paced stock market, a mindset that depends on a commitment to learning, adapting, and facing down irrelevant noise. This is not a method book. It is a thinking book. Warren Buffett: Inside the Ultimate Money Mind explains the philosophies of self-reliance, stoicism, rationalism, and pragmatism and their contributions to making intelligent investment decisions. It also outlines the evolution of value investing, discusses how to develop a business-driven investing mindset, and describes the defining traits of successful active management. Lastly, it examines the surprising aspects of a Money Mind – sportsman, teacher, and artist. In short, Warren Buffett: Inside the Ultimate Money Mind helps readers understand the building blocks that go into making a Money Mind so they can begin to incorporate its principles in the service to a life of value. Testimonials An erudite masterpiece... –Lawrence A. Cunningham, author; professor and director, Quality Shareholders Initiative, George Washington University It's another must-read... –Bethany McLean, journalist and Contributing Editor, Vanity Fair, author, Saudi America and co-author The Smartest Guys in the Room Pure Genius! This is a game changer in investment books... –Robert P. Miles, author; Executive in Residence, University of Nebraska at Omaha, Executive MBA Program, 'The Genius of Warren Buffett' Effervescence and thoughtful analysis of Buffett's life and work... –Tom Gayner, Co-chief Executive Officer, Markel Corporation Hagstrom's books always enable readers to think about the world in new ways... –Tren Griffin, author, Charlie Munger: The Complete Investor |
| carol loomis articles: Hearings, Reports and Prints of the House Committee on Interstate and Foreign Commerce United States. Congress. House. Committee on Interstate and Foreign Commerce, 1976 |
| carol loomis articles: How I Became a Quant Richard R. Lindsey, Barry Schachter, 2011-01-11 Praise for How I Became a Quant Led by two top-notch quants, Richard R. Lindsey and Barry Schachter, How I Became a Quant details the quirky world of quantitative analysis through stories told by some of today's most successful quants. For anyone who might have thought otherwise, there are engaging personalities behind all that number crunching! --Ira Kawaller, Kawaller & Co. and the Kawaller Fund A fun and fascinating read. This book tells the story of how academics, physicists, mathematicians, and other scientists became professional investors managing billions. --David A. Krell, President and CEO, International Securities Exchange How I Became a Quant should be must reading for all students with a quantitative aptitude. It provides fascinating examples of the dynamic career opportunities potentially open to anyone with the skills and passion for quantitative analysis. --Roy D. Henriksson, Chief Investment Officer, Advanced Portfolio Management Quants--those who design and implement mathematical models for the pricing of derivatives, assessment of risk, or prediction of market movements--are the backbone of today's investment industry. As the greater volatility of current financial markets has driven investors to seek shelter from increasing uncertainty, the quant revolution has given people the opportunity to avoid unwanted financial risk by literally trading it away, or more specifically, paying someone else to take on the unwanted risk. How I Became a Quant reveals the faces behind the quant revolution, offering you?the?chance to learn firsthand what it's like to be a?quant today. In this fascinating collection of Wall Street war stories, more than two dozen quants detail their roots, roles, and contributions, explaining what they do and how they do it, as well as outlining the sometimes unexpected paths they have followed from the halls of academia to the front lines of an investment revolution. |
| carol loomis articles: What If Boomers Can't Retire? Thornton Parker, 2002-12-02 When it was first published, What If Boomers Can't Retire? predicted what would happen when boomers switched from buying stocks to selling them for retirement income. Since then-and as predicted by author Thornton Parker-stocks have become less important, prices have declined, corporations have shifted their emphasis from inflating stocks to just surviving, and there is currently a recession in full swing. This book shows that there is a bright side, however. If enough boomers work in their later years and preserve their capital, and if the country improves the way it uses capital, the results can lead to fuller lives for millions of people, healthier communities, and more sustainable economies worldwide. Parker details specific actions that individuals and organizations can take to gradually make the shift from the dangerously risky pursuit of phantom wealth to productive investments based on real accomplishments, goods, and services. |
| carol loomis articles: Treynor On Institutional Investing Jack L. Treynor, 2011-07-13 Praise for TREYNOR ON INSTITUTIONAL INVESTING Jack Treynor has a mind of his own. I mean that as the highest compliment. Jack Treynor sees what no one else sees, thinks what no one else thinks, explains what no one else explains. You will learn more in fifteen minutes with Jack Treynor than in a full hour with most pundits. You will work hard but you will see things, think things, and understand things as never before. This book is a most valuable treasure, gleaming with Jack Treynor's brilliance. -Peter L. Bernstein, author, Capital Ideas Evolving Vintage Treynor. This is a must-own reference for anyone involved in institutional asset management. It assembles - in one place - many of the important insights of one of the most provocative and creative players in the finance world over the past half-century. -Robert D. Arnott, Chairman, Research Affiliates, and Former Editor, Financial Analysts Journal As a practicing investment manager, Treynor always preferred brilliance to soundness. Identifying the flaws in conventional thinking, he shows both the theorist and the practitioner where to invest time in their search for excess return. -Perry Mehrling, Professor of Economics, Barnard College, Columbia University, author, Fischer Black and the Revolutionary Idea of Finance Jack Treynor's new book brings together a lifetime of exploring the important questions surrounding the sophisticated investor's task. Readers of Treynor on Institutional Investing will be richly rewarded by the insights the author has developed about both the practical and the conceptual keys to successful investing. -Samuel L. Hayes, III, Jacob Schiff Professor of Investment Banking Emeritus, Harvard Business School |
Carol (film) - Wikipedia
Carol is a 2015 historical romantic drama film directed by Todd Haynes. The screenplay by Phyllis Nagy is based on the 1952 romance novel The Price of Salt by Patricia Highsmith (republished …
Carol (2015) - IMDb
Jan 15, 2016 · Carol: Directed by Todd Haynes. With Cate Blanchett, Rooney Mara, Kyle Chandler, Sarah Paulson. An aspiring photographer develops an intimate relationship with an …
Carol movie review & film summary (2015) - Roger Ebert
Nov 20, 2015 · In “Carol,” Haynes turns his eye on the “invisible” lesbian sub-culture of the 1950s closet. A lush emotional melodrama along the lines of the films of Douglas Sirk, Haynes’ …
Carol Holiday | Deltarune Wiki | Fandom
Carol Holiday is a character that makes her debut in Chapter 4. She is the mother of Noelle Holiday and Dess Holiday, is the wife of Rudolph Holiday, the best friend of Asgore, Toriel's …
Carol - Rotten Tomatoes
Watch Carol with a subscription on Peacock, Disney+, Hulu, Netflix, rent on Fandango at Home, or buy on Fandango at Home. Shaped by Todd Haynes' deft direction and powered by a …
Watch Carol (2015) - Free Movies - Tubi
Set in the 1950s, this is the tale of forbidden love between modest Therese and elegant Carol, which develops as they travel together. Subtitles: English Starring: Cate Blanchett Rooney …
Watch Carol - Netflix
In the 1950s, a glamorous married woman and an aspiring photographer embark on a passionate, forbidden romance that will forever change their lives. Watch trailers & learn more.
Carol streaming: where to watch movie online? - JustWatch
Find out how and where to watch "Carol" online on Netflix, Prime Video, and Disney+ today – including 4K and free options.
Carol (2016) - Movie - Moviefone
In 1950s New York, a department-store clerk who dreams of a better life falls for an older, married woman. Theatrical Release: January 15th, 2016 - Buy Tickets. On Digital & Streaming: March …
Carol (2015) - Plot - IMDb
A young woman in her 20s, Therese Belivet (Rooney Mara), is a clerk working in a Manhattan department store and dreaming of a more fulfilling life when she meets Carol (Cate Blanchett), …
Carol (film) - Wikipedia
Carol is a 2015 historical romantic drama film directed by Todd Haynes. The screenplay by Phyllis Nagy is based on the 1952 romance novel The Price of Salt by Patricia Highsmith (republished …
Carol (2015) - IMDb
Jan 15, 2016 · Carol: Directed by Todd Haynes. With Cate Blanchett, Rooney Mara, Kyle Chandler, Sarah Paulson. An aspiring photographer develops an intimate relationship with an …
Carol movie review & film summary (2015) - Roger Ebert
Nov 20, 2015 · In “Carol,” Haynes turns his eye on the “invisible” lesbian sub-culture of the 1950s closet. A lush emotional melodrama along the lines of the films of Douglas Sirk, Haynes’ …
Carol Holiday | Deltarune Wiki | Fandom
Carol Holiday is a character that makes her debut in Chapter 4. She is the mother of Noelle Holiday and Dess Holiday, is the wife of Rudolph Holiday, the best friend of Asgore, Toriel's …
Carol - Rotten Tomatoes
Watch Carol with a subscription on Peacock, Disney+, Hulu, Netflix, rent on Fandango at Home, or buy on Fandango at Home. Shaped by Todd Haynes' deft direction and powered by a …
Watch Carol (2015) - Free Movies - Tubi
Set in the 1950s, this is the tale of forbidden love between modest Therese and elegant Carol, which develops as they travel together. Subtitles: English Starring: Cate Blanchett Rooney …
Watch Carol - Netflix
In the 1950s, a glamorous married woman and an aspiring photographer embark on a passionate, forbidden romance that will forever change their lives. Watch trailers & learn more.
Carol streaming: where to watch movie online? - JustWatch
Find out how and where to watch "Carol" online on Netflix, Prime Video, and Disney+ today – including 4K and free options.
Carol (2016) - Movie - Moviefone
In 1950s New York, a department-store clerk who dreams of a better life falls for an older, married woman. Theatrical Release: January 15th, 2016 - Buy Tickets. On Digital & Streaming: March …
Carol (2015) - Plot - IMDb
A young woman in her 20s, Therese Belivet (Rooney Mara), is a clerk working in a Manhattan department store and dreaming of a more fulfilling life when she meets Carol (Cate Blanchett), …
