On the rare occasions when my family talked about business, the subject was Kansas City's Boss Pendergast and his potential for muscling my dad's small gravel-and-sand operation. Carol Loomis bosbusinesscity Change image and share on social
Some managements do not even think of buybacks as an option. The idea of shrinking their equity base repels them. Their inclination instead is to get bigger, and this often leads them to pay rich prices for acquisitions that never earn their keep. Carol Loomis acquisitionbasebig share on social
In general, the hedge funds were clobbered by the 1969 bear market, ending up in many cases with records that were worse than those put together by aggressive mutual funds denied the luxury of short sales. Carol Loomis aggressivebadlybear share on social
Approaches to determining stock values vary, but fundamentally, each company judging itself undervalued is saying that its future stream of earnings justifies a higher price than the stock market is willing to accord it. Carol Loomis accordapproachcompany share on social
Limited partnerships are required to amend their filings whenever important changes, such as the admission of new partners, take place. Carol Loomis admissionamendfiling Change image and share on social
The good thing about a dealer's derivatives portfolio is that it is marked to market. Carol Loomis dealerderivativegood Change image and share on social
I didn't want to be a 'Fortune' writer who was constrained in any way. Carol Loomis constrainfortunewriter Change image and share on social
In the 1987 stock market crash, according to the conclusions of the official Brady report, colossal sales of stock index futures by so-called portfolio insurers - whose investment strategies depended entirely on these derivatives - greatly exacerbated the 500-point market decline. Carol Loomis bradycallcolossal share on social
Larry Fink, 61, tall and outgoing and passionate about his business, is the chairman, CEO, and co-founder of the largest asset-management company in the world, BlackRock. Carol Loomis assetblackrockbusiness Change image and share on social
There is a certain oddity to Larry Fink having problems in Washington. He is a strong Democrat who has close ties to President Obama and has often been rumored as set to take a big administration job, such as Secretary of the Treasury. Carol Loomis administrationbigclose share on social
