In a recent Gabelli School Centennial Speaker Series webinar sponsored by the CFA Society New York, the Gabelli Center for Global Security Analysis, and the Museum of American Finance, Michael Mauboussin, co-author of Expectations Investing: Reading Stock Prices for Better Returns, discussed how traditional investors determined if a stock was favorable and offered a common-sense alternative to identifying gaps between price and value.
On Oct. 21, members of the Fordham community heard how a unique idea helped Robert “Bob” O’Shea, GABELLI ’87, become one of the youngest partners in Goldman Sachs history before establishing his own firm.
In this session, Gunjan Banati, chief risk officer and managing director at Royce Investment Partners, and Dianne McKeever, JD, LAW ’15, chief investment officer and co-founder of Ides Capital Management LP, discussed ESG trends, disclosure, and governance.
In 1977, Hungarian-born Thomas Peterffy purchased a seat on the American Stock Exchange. A decade later, he developed a fully automated market-making system for stocks, options, and futures, an innovation that forever changed the trading floor and fast-tracked his career success.
With roots dating back to the 1800s, Brown Brothers Harriman & Co. is the oldest and one of the largest private investment banks in the United States. Its influence on the early American economy helped navigate the country through financial turbulence by fueling the cotton trade and the steamship and railroad industries.
Investors in the Italian Renaissance could have predicted today’s low interest rates, according to Paul Schmelzing, Ph.D., who dove deeply into American and European economic archives to research real interest rate dynamics.
Today’s interest rates can be as low as 3%, but in the 1970s, Americans were paying 17% just to borrow money. In 1982, Henry Kaufman, then managing director of Salomon Brothers Inc., issued a memorandum predicting that interest rates would plummet, and bond prices would soar. What happened next was the biggest economic uptick since World War II.
In a Gabelli School Virtual Centennial Speaker Series event sponsored by the Gabelli Center for Global Security Analysis, the CFA Society New York, and the Museum of American Finance, Cohen shared highlights of his storied career and his passion for financial history. He was joined by CNBC Senior Markets Correspondent Bob Pisani.
As the COVID-19 vaccine roll out reaches more people every day, business offices across the country are plotting the best strategies to reopen, but that doesn’t come without challenges. Global accounting firm EY looks forward to reconnecting its 80,000 partners across America as 12,000 of its newest employees have never set foot in an EY office.