Quotes by Carol Loomis

Carol Loomis

American financial journalist

Alive from: 1929-

Category: Media

Quotes 1 till 15 of 23.

• Carol Loomis

  

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  A buyback is itself a special kind of acquisition, made at prices that are typically a bargain compared with those a company must pay for an outside purchase.

• Carol Loomis

  

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  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

  

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  By late 1953, going to New York on vacation, I had lined up several Time Inc. interviews - and what they did was give me a lifelong appreciation of the importance of luck in getting a job.

• Carol Loomis

  

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  Carl Icahn, corporate raider by trade, is creative, a scrambler, and certainly not to be underestimated.

• Carol Loomis

  

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  Every regulatory speech on derivatives takes a bow to their hedging 'benefits.' Less publicly, regulators pay their respects to derivative profits, a blessed relief from the banks' troubled loans to less-developed countries, highly leveraged companies, and real estate swingers.

• Carol Loomis

  

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  From the minute I got to 'Fortune,' I loved my job. I knew myself to be a virtual dunce about business, and I was wide-eyed about how much I was learning.

• Carol Loomis

  

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  In 1980, aided by $1.5 billion in loan guarantees from the U.S. government and his own pitchman routines on television, Lee Iacocca brought Chrysler back from the abyss.

• Carol Loomis

  

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  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

  

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  In meeting the challenges of organic growth, BlackRock has the advantage of having an executive team greatly respected for what it has accomplished.

• Carol Loomis

  

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  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

  

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  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

  

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  Limited partnerships are required to amend their filings whenever important changes, such as the admission of new partners, take place.

• Carol Loomis

  

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  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

  

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  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

  

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  The 'Fortune' I came to work for on Jan. 25, 1954, was a monthly, with pages significantly larger than what you're reading; 'art' covers that did not relate to stories inside; and a newsstand price of $1.25.