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 Journalism is the production and distribution of reports on the interaction of events, facts, ideas, and people that are the "news of the day" and that informs society to at least some degree. The word, a noun, applies to the occupation (profes ...

, especially in the fields of

business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...

finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

and the

economy An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the ...

. The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co. Loeb's intention in creating the award was to encourage reporters to inform and protect private investors as well as the general public in the areas of business, finance and the economy.

Gerald Loeb

Loeb first became known for his book ''The Battle for Investment Survival'', which was popular during the

Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...

and is still considered a classic. Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in

San Francisco, California San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...

. 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. The

Wall Street Crash of 1929 The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange colla ...

greatly affected Loeb's investing style, and in his 1971 book ''The Battle for Stock Market Profits'', he viewed the market as a battlefield. Loeb offered a

contrarian investing Contrarian Investing is an investment strategy that is characterized by purchasing and selling in contrast to the prevailing sentiment of the time. A contrarian believes that certain crowd behavior among investors can lead to exploitable mispri ...

viewpoint, in books and columns in ''

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'', ''

The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', and ''Investor Magazine''. ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' magazine called Loeb "the most quoted man on Wall Street." He created the Gerald Loeb Award in order to foster further quality reporting for individual investors.

The award

The award has been administered by the

UCLA Anderson School of Management The John E. Anderson Graduate School of Management, also known as the UCLA Anderson School of Management, is the graduate business school at the University of California, Los Angeles, one of eleven professional schools. The school offers MBA (ful ...

since 1973, and is sponsored by the G. and R. Loeb Foundation. It is regarded as: "business journalism's highest honor," and its "most prestigious." Beginning with just two winners in 1958 (Werner Renberg and David Steinberg) and expanding to three in the final years before the Anderson School began to administer the award, today there are ten categories in which prizes are awarded: large newspaper, medium newspaper, small newspaper, magazine, commentary, deadline or beat writing, wire services, and television. Those honored receive a cash prize of

US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

2,000, and are presented with the award at a ceremony in July of the year following their piece's publication. The preliminary judging committee includes business, financial and economic journalists, as well as faculty members from the UCLA Anderson School of Management. 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. The final panel of judges is chaired by the dean of the UCLA Anderson School of Management. Entries are judged according to their originality, news value, writing quality, thoroughness and balance, and production value.

Award categories

Award categories varied over the years.

Winners

* List of Audio, Video, and Video/Audio winners * List of Breaking News winners * List of Broadcast and Broadcast Enterprise winners * List of Books, Business Books, and Special Book Award winners * List of Columns, Commentary, and Editorials winners * List of Deadline and/or Beat Writing, Deadline or Beat Writing, Deadline Writing, Beat Writing, and Beat Reporting winners * List of Explanatory winners * List of Feature winners * List of Gerald Loeb Memorial Award winners * List of Images, Graphics, Interactives, and Visuals winners * List of International winners * List of Investigative winners * List of Large Newspapers winners * List of Lifetime Award winners * List of Local winners * List of Magazines winners * List of Minard Editor Award winners * List of Newspaper winners * List of News Service, Online, and Blogging winners * List of Personal Finance and Personal Service winners * List of Radio winners * List of Small and Medium Newspapers winners * List of Special Award winners * List of Spot News winners * List of Television winners

References

External links

About the Gerald Loeb Awards

UCLA Anderson The John E. Anderson Graduate School of Management, also known as the UCLA Anderson School of Management, is the graduate business school at the University of California, Los Angeles, one of eleven professional schools. The school offers MBA (ful ...

, School of Management.
New Loeb Awards Final Judges Announced by UCLA Anderson School of Management
''

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'', May 7, 2007
2009 Winners
{{Gerald Loeb Award American journalism awards Awards established in 1957 1957 establishments in the United States *