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Ruth L. Gottesman
David Sanford Gottesman (April 26, 1926 – September 28, 2022) was an American businessman and billionaire. He founded First Manhattan Co. (FMC), and was noted for his friendship with Warren Buffett. Early life and education Gottesman was born to a Jewish family in New York City on April 26, 1926. His father, Benjamin, worked as a banker and investor; his mother, Esther (née Garfunkel), played a key role in procuring the Dead Sea Scrolls for Israel.New York Times: "Paid Notice: Deaths GOTTESMAN, ESTHER" October 5, 1997Forbes Israel: Jewish Billionaires – Pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rye, New York
Rye is a coastal suburb of New York City in Westchester County, New York, United States. It is separate from the Town of Rye, which has more land area than the city. The City of Rye, formerly the Village of Rye, was part of the Town until it received its charter as a city in 1942, making it the youngest city in the State of New York. Its population density for its 5.85 square miles of land is roughly 2,729.76/sq mi. Rye is notable for its waterfront which covers 60 percent of the city's six square miles and is governed by a waterfront act instituted in 1991. Located in the city are two National Historic Landmarks: the Boston Post Road Historic District was designated a National Historic Landmark by the National Park Service in 1993; its centerpiece is the Jay Estate, the childhood home of John Jay, a Founding Father and the first Chief Justice of the United States. Playland, a historic amusement park designated a National Historic Landmark in 1987 is also located in Rye. P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Princeton University
Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. It is one of the highest-ranked universities in the world. The institution moved to Newark, New Jersey, Newark in 1747, and then to the current site nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University. It is a member of the Ivy League. The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest List of colleges and universities in the United States by endowment, endowment per student in the United States. Princeton provides undergraduate education, undergraduate and graduate education, graduate in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charlie Munger
Charles Thomas Munger (born January 1, 1924) is an American billionaire investor, businessman, and former real estate attorney. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his closest partner and right-hand man. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation. Early life and education Munger was born in Omaha, Nebraska. As a teenager, he worked at Buffett & Son, a grocery store owned by Warren Buffett's grandfather. His father, Alfred Case Munger, was a lawyer. His grandfather was Thomas Charles Munger, a U.S. district court judge and state representative. He enrolled in the University of Michigan, where he studied mathematics. During his time in college, he joined the fraternity Sigma Phi Society. In early 1943, a few days after his 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red-eye Flight
In commercial aviation, a red-eye flight is a flight scheduled to depart at night and arrive the next morning. Another definition of a red-eye flight is one that takes place overnight but does not provide enough time for passengers to get a full night's sleep. The term "red-eye" derives from the symptom of having red eyes, which can be caused by fatigue. Causes and utilities For the airline, overnight flights will enable more use of aircraft that would otherwise be idle at night. For airports, it may be rational to divert the stream of passengers away from peak hours. In major airports, the capacity for flight operations during daytime may be fully exhausted, and the price of airport slots may be higher at peak hours. For passengers, the benefits and disadvantages are more subjective. Many will perceive it difficult to arrive well-rested after a night flight, especially if it is at odd hours or too short to fit into a full night's sleep. However, the traffic to and from the ai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omaha, Nebraska
Omaha ( ) is the largest city in the U.S. state of Nebraska and the county seat of Douglas County. Omaha is in the Midwestern United States on the Missouri River, about north of the mouth of the Platte River. The nation's 39th-largest city, Omaha's 2020 census population was 486,051. Omaha is the anchor of the eight-county, bi-state Omaha-Council Bluffs metropolitan area. The Omaha Metropolitan Area is the 58th-largest in the United States, with a population of 967,604. The Omaha-Council Bluffs-Fremont, NE-IA Combined Statistical Area (CSA) totaled 1,004,771, according to 2020 estimates. Approximately 1.5 million people reside within the Greater Omaha area, within a radius of Downtown Omaha. It is ranked as a global city by the Globalization and World Cities Research Network, which in 2020 gave it "sufficiency" status. Omaha's pioneer period began in 1854, when the city was founded by speculators from neighboring Council Bluffs, Iowa. The city was founded along th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value Stock
Value investing is an investment investor profile, paradigm that involves buying security (finance), securities that appear underpriced by some form of fundamental analysis. The various forms of value investing derive from the investment philosophy first taught by Benjamin Graham and David Dodd at Columbia Business School in 1928, and subsequently developed in their 1934 text ''Security Analysis (book), Security Analysis''. The early value opportunities identified by Graham and Dodd included stock in public companies trading at discounts to book value or Tangible common equity, tangible book value, those with high dividend yields, and those having low PE ratio, price-to-earning multiples, or low price-to-book ratios. High-profile proponents of value investing, including Berkshire Hathaway chairman Warren Buffett, have argued that the essence of value investing is buying stocks at less than their Intrinsic value (finance), intrinsic value. The discount of the market price to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hallgarten & Company
Hallgarten & Company was an investment bank based in New York City that was founded in 1850 by Lazarus Hallgarten, a native of Hesse. History Lazarus Hallgarten arrived in the United States in 1849. His initial activity was as a note and exchange broker opening an office at 20 Exchange Place in 1850. This yielded a moderate income and enabled him to start as a banker. Initially the firm was called Hallgarten & Herzfeld (the other partners being Joseph Herzfeld, Samuel Neustadt, William Rosenheim and Hallgarten's two sons), which eventually became Hallgarten & Co. from January 1, 1867 after Herzfeld retired. After 1865 the firm developed into a stock and bond dealing house. The founder maintained his connections back in Europe and cultivated the flow of German capital into American railroad investments in the post-Civil War era. Lazarus Hallgarten died in 1875, and Rosenheim and Neustadt left the partnership. Both retiring partners returned to Germany with Rosenheim (who was marr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Master Of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalized program. MBA programs in the United States typically require completing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA program, management-related doctoral programs, and many executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, case studies, and the monthly ''Harvard Business Review''. It is also home to the Baker Library/Bloomberg Center. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French '' Ecole des S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postgraduate Education
Postgraduate or graduate education refers to Academic degree, academic or professional degrees, certificates, diplomas, or other qualifications pursued by higher education, post-secondary students who have earned an Undergraduate education, undergraduate (Bachelor's degree, bachelor's) degree. The organization and structure of postgraduate education varies in different countries, as well as in different institutions within countries. While the term "graduate school" or "grad school" is typically used in North America, "postgraduate" is often used in countries such as (Australia, Bangladesh, India, Ireland, New Zealand, Pakistan, South Africa, and the UK). Graduate degrees can include master's degree, master's degrees, doctorate, doctoral degrees, and other qualifications such as graduate certificates and professional degrees. A distinction is typically made between graduate schools (where courses of study vary in the degree to which they provide training for a particular profe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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