Gerald Loeb Award
From Wikipedia, the free encyclopedia
| Gerald Loeb Award | |
| Awarded for | Excellence in business journalism |
| Presented by | UCLA Anderson School of Management |
| Country |  United States |
| First awarded | 1957 |
| Last awarded | 2006 |
| Official website | |
|---|---|
The Gerald Loeb Award, also referred to as the Gerald Loeb Award for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy.[1][2][3][4] The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co.[1] Loeb "intended to encourage reporting on these subjects that would both inform and protect the private investor and the general public."[4]
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[edit] Gerald Loeb
Loeb first became known for his book The Battle for Investment Survival, which was popular during the Great Depression and is still considered a classic.[4][5] Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in San Francisco, California.[6] He moved to New York in 1921 after joining with E. F. Hutton & Co., and became vice-chairman of the board when the company incorporated in 1962.[6] The Wall Street Crash of 1929 greatly affected Loeb's investing style, and in his 1971 book The Battle for Stock Market Profits, he viewed the market as a battlefield.[6] Loeb offered a contrarian investing viewpoint, in books and columns in Barron's, The Wall Street Journal, and Investor Magazine.[4][6] Forbes magazine called Loeb "the most quoted man on Wall Street."[7] He created the Gerald Loeb Award in order to foster further quality reporting for individual investors.[4]
[edit] The Award
The award has been administered by the UCLA Anderson School of Management since 1973, and is sponsored by the G. and R. Loeb Foundation.[2][8][9][10] It is regarded as: "business journalism's highest honor," and its "most prestigious."[11][12][13][14] The ten categories in which prizes are awarded include: large newspaper, medium newspaper, small newspaper, magazine, commentary, deadline or beat writing, wire services, and television.[1][15] Those honored receive a cash prize of USD$2,000, and are presented with the award at a ceremony in July of the year following their piece's publication.[1] The preliminary judging committee includes business, financial and economic journalists, as well as faculty members from the UCLA Anderson School of Management.[16] Once the finalists are selected, a final panel of judges consisting of representatives from major print and broadcast outlets selects a winner from each category.[16] The final panel of judges is chaired by the dean of the UCLA Anderson School of Management.[16] Entries are judged according to their originality, news value, writing quality, thoroughness and balance, and production value.[16]
[edit] See also
- Business journalism
- Conscience-in-Media Award
- George Polk Awards
- Investigative journalism
- Worth Bingham Prize
[edit] References
- ^ a b c d Times Staff Writer. "Times business article honored: The article examining the ties between Digital Lightwave and the Church of Scientology won a Gerald Loeb Award for business reporting.", St. Petersburg Times, July 2, 2003. Retrieved on 2007-11-12.
- ^ a b Staff Reporter. "Journal Reporters Win Loeb Award", The Wall Street Journal, Dow Jones & Company, Inc., June 29, 2005.
- ^ Staff. "Ted Gup to be inducted into Press Club of Cleveland's Journalism Hall of Fame", The Plain Dealer, Cleveland Live, Inc, October 23, 2007. Retrieved on 2007-11-11.
- ^ a b c d e Staff. "About the Gerald Loeb Awards", UCLA Anderson, School of Management. Retrieved on 2007-11-11.
- ^ Loeb, Gerald (1996). The Battle for Investment Survival. John Wiley and Sons. ISBN 0471132977.
- ^ a b c d Boik, John (2004). Lessons from the Greatest Stock Traders of All Time. McGraw-Hill Professional, Pages 47-67, "Chapter 3: Gerald M. Loeb". ISBN 0071437886.
- ^ Krass, Peter; Contributors Richard Poe, Warren Buffett. The Book of Investing Wisdom: Classic Writings by Great Stock-Pickers and Legends of Wall Street. John Wiley and Sons, Page 176. ISBN 0471294543.
- ^ Rose, Matthew. "Journal Gets Loeb Award For WorldCom Coverage", The Wall Street Journal, Dow Jones, July 2, 2003.
- ^ Jenks, Philip; Stephen Eckett (2002). The Global-Investor Book of Investing Rules. Financial Times Prentice Hall, Page 21. ISBN 0130094013.
- ^ Pacelle, Mitchell (2002). Empire: A Tale of Obsession, Betrayal, and the Battle for an American Icon. John Wiley and Sons, Back Cover. ISBN 0471238651.
- ^ Editor's Note. "Uncovering the Shenanigans", BusinessWeek, The McGraw-Hill Companies Inc., July 8, 2002. Retrieved on 2007-11-12.
- ^ Klein, Alec (2003). Stealing Time: Steve Case, Jerry Levin, and the Collapse of AOL Time Warner. Simon and Schuster, Back Cover. ISBN 074325984X.
- ^ Blustein, Paul (2006). And the Money Kept Rolling in (And Out). Public Affairs, Page 279. ISBN 1586483811.
- ^ Shim, Jae K.; Jonathan Lansner (2000). 101 Investment Tools for Buying Low and Selling High. CRC Press, "The Authors". ISBN 091094413X.
- ^ Staff Reporter. "Journal Reporter Wins Loeb Award For Reports on Energy-Industry Crisis", The Wall Street Journal, Dow Jones & Company, Inc., May 30, 2001.
- ^ a b c d Staff. "Judging", Gerald Loeb Awards, UCLA Anderson School of Management. Retrieved on 2007-11-12.
[edit] Further reading
- Boik, John (2004). Lessons from the Greatest Stock Traders of All Time. McGraw-Hill Professional, Pages 47-67, "Chapter 3: Gerald M. Loeb". ISBN 0071437886.
- Krass, Peter; Contributors Richard Poe, Warren Buffett. The Book of Investing Wisdom: Classic Writings by Great Stock-Pickers and Legends of Wall Street. John Wiley and Sons, Pages 176-183, Chapter: "Importance of Correct Timing, Gerald M. Loeb". ISBN 0471294543.
- Loeb, Gerald M. (1960). Loeb's Checklist for Buying Stocks. Simon and Schuster. ISBN 0671427059.
- Martin, Ralph G. (1965). The Wizard of Wall Street: The Story of Gerald M. Loeb. W. Morrow, 192 pages.
