Gerald Loeb Awards | |
---|---|
Awarded for | Excellence in business journalism |
Country | United States |
Presented by | UCLA Anderson School of Management |
First awarded | 1958 [1] |
Last awarded | 2022 |
Website |
anderson |
The Gerald Loeb Awards, also referred to as the Gerald Loeb Awards for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. [2] [3] [4] [5] The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co. [2] 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. [5]
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. [5] [6] Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in San Francisco, California. [7] 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. [7] 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. [7] Loeb offered a contrarian investing viewpoint, in books and columns in Barron's, The Wall Street Journal, and Investor Magazine. [5] [7] Forbes magazine called Loeb "the most quoted man on Wall Street." [8] He created the Gerald Loeb Award in order to foster further quality reporting for individual investors. [5]
The awards have been administered by the UCLA Anderson School of Management since 1973, and is sponsored by the G. and R. Loeb Foundation. [3] [9] [10] [11] It is regarded as: "business journalism's highest honor," and its "most prestigious." [12] [13] [14] [15] 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, [16] 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. [2] [17] Those honored receive a cash prize of US$2,000, and are presented with the award at a ceremony in July of the year following their piece's publication. [2] The preliminary judging committee includes business, financial and economic journalists, as well as faculty members from the UCLA Anderson School of Management. [18] 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. [18] The final panel of judges is chaired by the dean of the UCLA Anderson School of Management. [18] Entries are judged according to their originality, news value, writing quality, thoroughness and balance, and production value. [18]
Award categories varied over the years. [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41][ excessive citations]
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Gerald Loeb Awards | |
---|---|
Awarded for | Excellence in business journalism |
Country | United States |
Presented by | UCLA Anderson School of Management |
First awarded | 1958 [1] |
Last awarded | 2022 |
Website |
anderson |
The Gerald Loeb Awards, also referred to as the Gerald Loeb Awards for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. [2] [3] [4] [5] The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co. [2] 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. [5]
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. [5] [6] Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in San Francisco, California. [7] 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. [7] 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. [7] Loeb offered a contrarian investing viewpoint, in books and columns in Barron's, The Wall Street Journal, and Investor Magazine. [5] [7] Forbes magazine called Loeb "the most quoted man on Wall Street." [8] He created the Gerald Loeb Award in order to foster further quality reporting for individual investors. [5]
The awards have been administered by the UCLA Anderson School of Management since 1973, and is sponsored by the G. and R. Loeb Foundation. [3] [9] [10] [11] It is regarded as: "business journalism's highest honor," and its "most prestigious." [12] [13] [14] [15] 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, [16] 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. [2] [17] Those honored receive a cash prize of US$2,000, and are presented with the award at a ceremony in July of the year following their piece's publication. [2] The preliminary judging committee includes business, financial and economic journalists, as well as faculty members from the UCLA Anderson School of Management. [18] 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. [18] The final panel of judges is chaired by the dean of the UCLA Anderson School of Management. [18] Entries are judged according to their originality, news value, writing quality, thoroughness and balance, and production value. [18]
Award categories varied over the years. [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41][ excessive citations]
{{
cite news}}
: |last=
has generic name (
help)