Its Time For
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Beyond Greed and Fear Financial Management Association Survey and Synthesis Series
Beyond Greed and Fear Financial Management Association Survey and Synthesis Series The Search for Value: Measuring the Company's Cost of Capital Michael C. Ehrhardt Managing Pension Plans: A Comprehensive Guide to Improving Plan Performance Dennis E. Logue and Jack S. Rader Efficient Asset Management: A Practical Guide to Stock Portfolio Optimization and Asset Allocation Richard O. Michaud Real Options: Managing Strategic Investment in an Uncertain World Martha Amram and Nalin Kulatilaka Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing Hersh Shefrin Dividend Policy: Its Impact on Form Value Ronald C. Lease, Kose John, Avner Kalay, Uri Loewenstein, and Oded H. Sarig Value Based Management: The Corporate Response to Shareholder Revolution John D. Martin and J. William Petty Debt Management: A Practitioner's Guide John D. Finnerty and Douglas R. Emery Real Estate Investment Trusts: Structure, Performance, and Investment Opportunities Su Han Chan, John Erickson, and Ko Wang Trading and Exchanges: Market Microstructure for Practitioners Larry Harris Beyond Greed and Fear Understanding Behavioral Finance and the Psychology of Investing Hersh Shefrin 2002 198 Madison Avenue, New York, New York 10016 Oxford University Press is a department of the University of Oxford It furthers the University's objective of excellence in research, scholarship, and education by publishing worldwide in Oxford New York Auckland Bangkok Buenos Aires Cape Town Chennai Dar es Salaam Delhi Hong Kong Istanbul Karachi Kolkata Kuala Lumpur Madrid Melbourne Mexico City Mumbai Nairobi São Paulo Shanghai Taipei Tokyo Toronto Oxford is a registered trade mark of Oxford University Press in the UK and in certain other countries Copyright © 2002 by Oxford University Press, Inc. -
59Th Annual Distinguished Service Award Harvey P. Eisen, BS BA
59th Annual Distinguished Service Award Harvey P. Eisen, BS BA '64 Chairman, CEO and Director, Wright Investors' Service Holdings, Inc. Chairman and Managing Partner; Bedford Oak Advisers, LLC Chairman and Director, GP Strategies Harvey P. Eisen is Chairman, CEO and Director of Wright Investors’ Service Holdings, Inc. (WISH), formerly National Patent Development Corporation. He has also served as Chairman of Bedford Oak Advisors, LLC, an investment partnership since 1998, and Chairman and Director of GP Strategies since 2004. He was previously Senior Vice President of Travelers, Inc. and held various executive positions with Primerica, SunAmerica Corp., and Integrated Resources Asset Management. Mr. Eisen was president and portfolio manager of Eisen Capital Management for 10 years. He began his career as an analyst with Stifel, Nicolaus & Co. and Wertheim. Mr. Eisen has served on the Strategic Development Board for the Trulaske College of Business, University of Missouri since 1995 where he established the first accredited course on the Warren Buffett Principles of Investing. He also serves on the Zanvyl Krieger School of Arts and Sciences Advisory Board for Johns Hopkins University and is a member of the Carey Business School Board of Overseers and the Hopkins Parents Council. Mr. Eisen is widely recognized as one of the country’s leading portfolio managers. With over three decades of investment experience, he is often consulted by the national media for his expert views on all phases of the investment marketplace and is frequently quoted in The Wall Street Journal, The New York Times, Pension World, U.S. News & World Report, Financial World and Business Week, among others. -
Maggie-Mahar-Bull-A-History-Of-The
BULL! Ba history of the boom and bust, 1982–2004 maggie mahar To Raymond, who believes that everything is possible — Contents — Acknowledgments vii Prologue Henry Blodget xiii Introduction Chapter 1—The Market’s Cycles 3 Chapter 2—The People’s Market 17 Beginnings (1961–89) Chapter 3—The Stage Is Set 35 (1961–81) Chapter 4—The Curtain Rises 48 (1982–87) Chapter 5—Black Monday (1987–89) 61 iv Contents The Cast Assembles (1990–95) Chapter 6—The Gurus 81 Chapter 7—The Individual Investor 102 Chapter 8—Behind the Scenes, 123 in Washington The Media, Momentum, and Mutual Funds (1995–96) Chapter 9—The Media: CNBC Lays 153 Down the Rhythm Chapter 10—The Information Bomb 175 Chapter 11—AOL: A Case Study 193 Chapter 12—Mutual Funds: 203 Momentum versus Value Chapter 13—The Mutual Fund 217 Manager: Career Risk versus Investment Risk The New Economy (1996–98) Chapter 14—Abby Cohen Goes to 239 Washington; Alan Greenspan Gives a Speech Chapter 15—The Miracle of 254 Productivity The Final Run-Up (1998–2000) Chapter 16—“Fully Deluded 269 Earnings” Contents v Chapter 17—Following the Herd: 288 Dow 10,000 Chapter 18—The Last Bear Is Gored 304 Chapter 19—Insiders Sell; 317 the Water Rises A Final Accounting Chapter 20—Winners, Losers, and Scapegoats 333 (2000–03) Chapter 21—Looking Ahead: What 353 Financial Cycles Mean for the 21st-Century Investor Epilogue (2004–05) 387 Notes 397 Appendix 473 Index 481 about the author credits cover copyright about the publisher — Acknowledgments — More than a hundred people contributed to this book, sharing their expe- riences, their insights, and their knowledge. -
Journal of Applied Corporate Finance
VOLUME 31 NUMBER 3 SUMMER 2019 Journal of APPLIED CORPORATE FINANCE IN THIS ISSUE: Columbia Law School Symposium on Corporate Governance “Counter-Narratives”: On Corporate Purpose and Shareholder Value(s) Corporate 10 Session I: Corporate Purpose and Governance Colin Mayer, Oxford University; Ronald Gilson, Columbia and Stanford Law Schools; and Martin Purpose— Lipton, Wachtell, Lipton, Rosen & Katz LLP. 26 Session II: Capitalism and Social Insurance and EVA Jeffrey Gordon, Columbia Law School. Moderated by Merritt Fox, Columbia Law School. 32 Session III: Securities Law in Twenty-First Century America: Once More? A Conversation with SEC Commissioner Rob Jackson Robert Jackson, Commissioner, U.S. Securities and Exchange Commission. Moderated by John Coffee, Columbia Law School. 44 Session IV: The Law, Corporate Governance, and Economic Justice Chief Justice Leo Strine, Delaware Supreme Court; Mark Roe, Harvard Law School; Jill Fisch, University of Pennsylvania Law School; and Bruce Kogut, Columbia Business School. Moderated by Eric Talley, Columbia Law School. 64 Session V: Macro Perspectives: Bigger Problems than Corporate Governance Bruce Greenwald and Edmund Phelps, Columbia Business School. Moderated by Joshua Mitts, Columbia Law School. 74 Is Managerial Myopia a Persistent Governance Problem? David J. Denis, University of Pittsburgh 81 The Case for Maximizing Long-Run Shareholder Value Diane Denis, University of Pittsburgh 90 A Tribute to Joel Stern Bennett Stewart, Institutional Shareholder Services 95 A Look Back at the Beginning of EVA and Value-Based Management: An Interview with Joel M. Stern Interviewed by Joseph T. Willett 103 EVA, Not EBITDA: A New Financial Paradigm for Private Equity Firms Bennett Stewart, Institutional Shareholder Services 116 Beyond EVA Gregory V. -
Economic and Financial...Qxd
June2 2001 Economic and Financial Press. From the Beginnings to the First Oil Crisis This publication is copyright. Apart from any fair dealing for the purpose of study, research, criticism, or review, as permitted under the Copyright Act in con- junction with international copy- right agreements, no part may be reproduced for any purpose with- out written permission of the publisher. La Fundación Diálogos ha colaborado en la edición de esta monografía. © 2001. Ángel Arrese Ediciones Universidad de Navarra, S.A. (EUNSA) Plaza de los Sauces, 1 y 2. 31010 Barañáin (Navarra) España Phone: (34) 948 25 68 50 – Fax: (34) 948 25 68 54 e-mail: [email protected] ISBN: 84-313-1893-7 Depósito legal: NA 1.839-2001 Design by: Angardi Consultores Creativos Printed by: Line Graphic, S.A. Hnos. Noáin, 11. Ansoáin (Navarra) Printed in Spain June2 2001 Economic and Financial Press. From the Beginnings to the First Oil Crisis Ángel Arrese EDICIONES UNIVERSIDAD DE NAVARRA, S.A. PAMPLONA CONTENTS INTRODUCTION 9 I ANTECEDENTS: INFORMATION FOR TRADE AND TRADE OF INFORMATION (FROM THE ORIGINS TO THE FIRST THIRD OF THE 19TH CENTURY) 1. COMMERCIAL INFORMATION SYSTEMS AND THE FIRST ECONOMIC CONTROVERSIES 19 1.1. Private information networks and current price sheets 19 Number Two 7 1.2. Information on the Amsterdam and London markets 23 1.3. First debates on free trade 28 June 2001 2. THE PUBLIC DISCUSSION ABOUT THE PRINCIPLES OF POLITICAL ECONOMY 33 2.1. Encyclopaedists and physiocrats 34 2.2. The first English economists and the reviews 40 2.3. Economic news in the general and political press 44 II BIRTH OF THE ECONOMIC PRESS: BETWEEN THE ECONOMIST AND BUSINESS MAGAZINES (FROM THE THIRTIES IN THE 19TH CENTURY TO THE 1929 CRISIS) 1. -
Wisdom from Our Past Presidents
Insights from Our Past Presidents As part of the 50th anniversary celebration of the FWA, a series of interviews with past presidents were published. Our aim was to capture the history of the FWA through the experiences and opinions of the women who led the organization during its first half century. - Ann D. Michell JOAN WILLIAMS FARR 1957 – 1958 Joan Williams Farr is one of the eight founders of the Financial Women’s Association and the only one who is still a member. She continues to generously support its events and programs and share her unique perspective on women in the financial services world. Joan has been at the Bank of New York since 1978 and is currently a Senior Portfolio Manager for large family accounts. She and her husband, George, have two daughters, Lucy, a partner at Davis Polk & Wardwell, and Elizabeth, a Foreign Service Officer. They also have one grandchild and a second is expected in July, 2006. Joan is Chairman of the Investment Committee of the Putney School in Putney, Vermont and is active on other non-profit boards. She enjoys travel and is looking forward to trips to Moscow and Berlin this year. She also spends time at the family vacation home in Connecticut. How has the FWA impacted your professional/personal life? When I was younger, it gave me a feeling of identity because there were so few women working in Wall Street and there was no professional community for us. Through the FWA, I had an opportunity to make friends I’ve kept up with over the years. -
Sharyl Attkisson to Anchor "Healthweek" on PBS
Sharyl Attkisson to Anchor "Healthweek" on PBS February 10, 1997 WASHINGTON -- CBS News correspondent Sharyl Attkisson will anchor "HealthWeek," premiering on PBS in May, it was announced today at a meeting of PBS programmers here. "HealthWeek," a production of The Washington Post Company in association with Maryland Public Television, will be a half-hour weekly news magazine featuring the week's top news in health, medicine and related environmental issues. The program will also feature in-depth reports on advances in medical research, treatment of various diseases and disorders, profiles of people in the health care industry, and information to enable viewers to be more sophisticated health care consumers. The weekly series is being underwritten nationally by the Heinz Family Philanthropies. Attkisson, who is based in the CBS News Washington Bureau, will continue with CBS in addition to serving as host of "Healthweek." She is a substitute anchor for the CBS Weekend News and from September 1993 to January 1995 was co-anchor of the CBS News overnight broadcast "Up To The Minute." Attkisson has co-anchored CBS News' live coverage of major international events, including the signing of the Middle East peace agreement and the election of Nelson Mandela as president of South Africa. In 1993 she anchored CBS News' special week-long coverage of the space shuttle mission to repair the Hubble Telescope, including a 6.5-hour live broadcast the night of the mission's first spacewalk. Before joining CBS News in 1993, Attkisson was an anchor with CNN beginning in 1990. She was a primary anchor for such stories as the Persian Gulf War, the Los Angeles riots, the California earthquake, Hurricane Andrew, and the storming of the Branch Davidian compound in Waco, Texas. -
Bogleheads' Guide to Investing
ffirs_larimore.qxd 11/30/05 12:48 PM Page iii Bogleheads’The Guide to Investing Taylor Larimore Mel Lindauer Michael LeBoeuf Foreword by John C. Bogle John Wiley & Sons, Inc. ffirs_larimore.qxd 11/30/05 12:48 PM Page vi ffirs_larimore.qxd 11/30/05 12:48 PM Page i ADDITIONAL PRAISE FOR THE BOGLEHEADS’ GUIDE TO INVESTING “This book is written with great charm, wit, and humility by a troika of retired, self-educated investors who themselves have become experts in financial planning and investing. Here they share what they have learned at the school of hard knocks. It is to trust the wisdom of their chosen mentor, John Bogle, who advocates investing in low cost, tax efficient mutual funds and using common sense in all financial decisions. Further- more, the authors have mastered the complexities of their subject to the point where they can explain financial concepts simply and clearly. Read- ers and clients often ask me to recommend a book on financial planning investing. I will recommend this one.” —Kay H. Kamin, President of Sutton Place Financial Inc. and Financial Columnist for Today’s Chicago Woman. “The Bogleheads’ Guide offers up the distilled wisdom from thousands of posts on the Web’s most distinguished investment board. The authors mix a heady brew of down home common sense and advanced financial economics, while providing a clear, concise, and easily followed action plan that is highly effective, low cost, low risk and low maintenance. Read and profit!!” —Frank Armstrong, III, CFP, President, Investor Solutions, Inc. “From beginning investors to those in retirement, The Bogleheads’ Guide To Investing is packed with simple and sophisticated investment advice, offering an abundance of resources for a winning investment strategy. -
Chicago Tribune News: Viewers Mad About CNBC's Cramer
Chicago Tribune news: Viewers mad about CNBC's Cramer http://www.chicagotribune.com/business/chi-0509040205sep04,1,3... http://www.chicagotribune.com/business/chi-0509040205sep04,1,5638087.story?coll=chi-business-hed FRONT AND CENTER Viewers mad about CNBC's Cramer BY MATEA GOLD Advertisement TRIBUNE NEWSPAPERS: Los Angeles Times September 4, 2005 ENGLEWOOD CLIFFS, N.J. -- Stumble across Jim Cramer's show on CNBC and you may think you've come upon a music video featuring a balding, manic businessman. Lights pulsate as cameras sweep the set, lightning crackling on a flat-panel screen while booms of thunder punctuate a loud electronic guitar riff. Then a middle-aged man in rolled-up shirt sleeves flings his chair across the room, gesticulating wildly as he shouts, "Are you reaaddyyy SKIDADDYYY?!?" This is not your father's finance show. It's "Mad Money With Jim Cramer," the former hedge fund manager's high-octane hourlong take on the world of stocks. For CNBC, it's a far cry from sedate business fare like Louis Rukeyser's "Wall Street Week," which used to define the genre. Since it debuted in March, the program has transformed the 5 p.m. time slot from one of the business channel's lowest-rated into one of its highest, with an average of 182,000 viewers, a jump of 80 percent from a year ago, according to Nielsen Media Research. Cramer is not the first CNBC anchor to gain a following based on style as much as substance. Maria Bartiromo, for example, became a favorite of Wall Street traders in the late 1990s when she was known as "the Money Honey." But Cramer is the rare commentator whose influence moves the market itself. -
U.S. High M. R. Sauter
A BUSINESSMAN’S RISK THE CONSTRUCTION OF VENTURE CAPITAL AT THE CENTER OF U.S. HIGH TECHNOLOGY M. R. SAUTER DEPARTMENT OF ART HISTORY AND COMMUNICATION STUDIES MCGILL UNIVERSITY, MONTREAL MAY 2020 A THESIS SUBMITTED TO MCGILL UNIVERSITY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF THE DEGREE OF DOCTOR OF PHILOSOPHY ©M.R. SAUTER 2020 !ii TABLE OF CONTENTS ABSTRACT………………………………………………………………………………………..iv RÉSUMÉ……………..……………….………………..……………………………………….…v PREFACE……………..…………………………………………………………………………..vi LIST OF FIGURES….………………….…………………………….…………………………..vii ACKNOWLEDGMENTS……..….……..…………………………………..…………………..…viii INTRODUCTION: AND VENTURE CAPITAL! REMEMBER VENTURE CAPITAL?…………..……..1 LITERATURE REVIEW………………………………………………………………7 THEORIZING THE NEOLIBERAL……………………………………………..….…20 A NOTE ON PRIMARY SOURCES…………………………………………….……32 CHAPTER OUTLINE……………………………….………………………….…..34 MAJOR ACRONYMS AND FINANCIAL CONCEPTS………….…………………..…39 CHAPTER ONE: A PRE-HISTORY OF VENTURE CAPITAL..………..………………………..…41 WILLIAM J. CASEY: A FORGOTTEN FUNDING FATHER?…………..……………..42 PREPARING THE GROUND FOR VENTURE CAPITAL………………………………52 FINDING A HISTORY FOR VENTURE CAPITAL……………………………………67 THE 1973-1975 RECESSION……………………………………………..……….77 ERISA: A PREVIEW………………………………………………………..…….79 CHAPTER TWO: GET THERE FIRST OR GET SHOT DOWN FIRST: THE CASEY TASK FORCE AND THE MAKINGS OF THE CASEY REPORT………………………………………………..…87 CASEY’S NATIONAL VENTURE CAPITAL ASSOCIATION ADDRESS……….………91 THE TASK FORCE’S FIRST MEETING……………………………………………101 THE TASK FORCE’S ORIGINAL INTERESTS………………………………..….…105 OTHER INFLUENCES -
Liz Ann Sonders Senior Vice President, Chief Investment Strategist, Charles Schwab & Co., Inc
Liz Ann Sonders Senior Vice President, Chief Investment Strategist, Charles Schwab & Co., Inc. As Chief Investment Strategist at Charles Schwab, Liz Ann has a range of investment strategy responsibilities reaching from market and economic analysis to investor education, all focused on the individual investor. She analyzes and interprets the economy and markets on behalf of Schwab’s clients. The output of Liz Ann’s work is via written reports, audio and video recordings, conference calls, and webcasts. She is a regular contributor to Schwab’s publications and the keynote speaker at many of the company’s corporate and client events. She is also a keynote speaker at many outside conferences, including for Barron’s, NYSSA, FPA, CFA Institutes, Morningstar and IMCA. In 1999, Liz Ann joined U.S. Trust—which was acquired by Schwab in 2000—as a Managing Director and member of its Investment Policy Committee. Before U.S. Trust, Liz Ann was a Managing Director and Senior Portfolio Manager at Avatar Associates (1986-1999), an original division of the Zweig/Avatar Group. She is a regular guest and guest host on many CNBC programs, as well as on Fox Business News, Nightly Business Report, Bloomberg TV & Radio, CNN, Wall Street Week, PBS NewsHour, Yahoo! Finance and TheStreet.com. She was a regular panelist and guest host on PBS’s original Wall $treet Week With Louis Rukeyser. Liz Ann is also regularly quoted in financial publications including The Wall Street Journal, The New York Times, Barron’s, Financial Times, Market Watch and Associated Press articles. Liz Ann has been named one of SmartMoney’s “Power 30,” their list of the most influential people on Wall Street; the best strategist of the year by Kiplinger’s; one of the “25 Most Powerful Women in Finance” by American Banker/US Banker; and one of the “50 Top Women in Wealth” by Wealth Manager/AdvisorOne. -
Tbf-19-20 Booklet.Pdf
2019-2020 TulsaDISTINGUISHED BusinessForums SPEAKER SERIES JONATHAN MILDENHALL DAN COCKERELL MARTHA STEWART FORMER CHIEF MARKETING FORMER VICE PRESIDENT AMERICAN BUSINESSWOMAN, OFFICER | AIRBNB MAGIC KINGDOM | WALT DISNEY WORLD FOUNDER OF MARTHA STEWART LIVING OMNIMEDIA, CREATOR A PURPOSEFUL BRAND: THE MAGIC BEHIND DISNEY: OF MARTHA STEWART’S THE POWER BEHIND AIRBNB SECRETS TO SUCCESS LIVING MAGAZINE Thursday, October 31, 2019 Wednesday, February 26, 2020 A CONVERSATION WITH Breakfast and Presentation | 8-9:30 a.m. Lunch and Presentation | Noon-1:30 p.m. Tulsa Downtown DoubleTree Hotel Tulsa Downtown DoubleTree Hotel MARTHA STEWART Wednesday, April 1, 2020 Presentation | 9:30-11 a.m. Tulsa Performing Arts Center See biography, page 5 See biography, page 6 See biography, page 7 SPEARS SCHOOL OF BUSINESS | OKLAHOMA STATE UNIVERSITY | 1 Tulsa BusinessForums 2019-2020 TulsaSPONSORS BusinessForums PREMIER SPONSORS BANK OF OKLAHOMA 1989-2020 RIDDLE FINANCIAL GROUP, LLC 2000-2020 Steven Bradshaw | President and Bruce T. Riddle | Chief Executive Officer Chief Executive Officer WEBCO INDUSTRIES, INC. 1999-2020 CHEROKEE NATION BUSINESSES 2018-2020 Dana S. Weber | Chief Executive Officer Shawn Slaton | Chief Executive Officer GRANITE MOUNTAIN 1999-2020 SUPPORTING SPONSORS Bob Austin | President ACCOUNTING PRINCIPALS 1993-2020 HELMERICH & PAYNE, INC. 1988-2020 Kimberly Nation | Managing Director John Lindsay | President and Chief Executive Officer ACCTKNOWLEDGE 2004-2020 HILLCREST HEALTHCARE SYSTEM 2003-2020 Chris Jacobi | Chief Executive Officer