Articles for tag: Wall Street

Diworseification

By Jim Tune Peter Lynch is a legend on Wall Street. As the manager of Fidelity Investments” Magellan Fund between 1977 and 1990, Lynch averaged a 29.2 percent annual return. His fund consistently doubled and even tripled the S&P 500 index. He did this without the help of complicated algorithms or insider trading. Lynch takes a commonsense approach to portfolio management. His most famous investment principle is simply, “Invest in what you know.” In his best-selling book One Up on Wall Street, Lynch devotes a chapter to listing the kinds of companies he stays away from. He cautions readers to

The Pastoral Call of Corporate Leaders

BY J. ANDREW KEITH (WITH CHRIS KEITH) Tertullian once famously asked, “What has Athens to do with Jerusalem?” By this, the early church father (ca. 160″“ca. 225 ad) was implying the church had no need for Greek philosophy. In these perilous economic times, it may be pertinent to ask, “What has Wall Street””or better, Main Street””to do with Jerusalem?” Unlike Tertullian, the implied answer of this question is much. Several recent situations in corporate America””some of which are unprecedented””have demonstrated the need and/or opportunity awaiting Christian leaders in this arena of service: “¢ Wall Street”s fall and the subprime mortgage

FROM MY BOOKSHELF: Forgotten, Free, and Faithful

By LeRoy Lawson Amity Shlaes, The Forgotten Man: A New History of the Great Depression (New York: HarperCollins, 2007). Chris Anderson, Free: The Future of a Radical Price (New York: Hyperion, 2009). Harvey Cox, The Future of Faith (New York: HarperOne, 2009). Here”s the thing about reading: it”s addictive. Read a good book and it whets your appetite to read more on the subject, or by the author, or to satisfy your curiosity. This month”s column is mostly about that curiosity. Bearing the Brunt The Forgotten Man is a good example. In a recent column I reviewed David Wessel”s In

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