Gerald Loeb Award Explained

Gerald Loeb Awards
Awarded For:Excellence in business journalism
Presenter:UCLA Anderson School of Management
Country:United States
Year:1958[1]
Year2:2022

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] The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co.[4] 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

See main article: Gerald M. Loeb. 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] Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in San Francisco, California. 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 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 viewpoint, in books and columns in Barron's, The Wall Street Journal, and Investor Magazine.[6] Forbes magazine called Loeb "the most quoted man on Wall Street."[7] He created the Gerald Loeb Award in order to foster further quality reporting for individual investors.

The awards

See also: List of Gerald Loeb Award winners. The awards have been administered by the UCLA Anderson School of Management since 1973, and is sponsored by the G. and R. Loeb Foundation.[8] [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.[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. 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. 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.

In 2017, Reena Ninan spoke onstage for UCLA's 60th Annual Gerald Loeb Awards for Distinguished Business and Financial Journalism. This was held at Capitale in New York City.[19]

Award categories

Award categories varied over the years.[20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42]

Category Years awarded
2016–2023
2011–2023
2001, 2003–2010
2011–2012
1974
2008–2023
2013
2012
2006–2012
1977
1973–1976, 1978–1982
1985–2023
1985–2000
2002
2003–2007
1983–1984
1970–1972
2011–2023
2015–2023
2007–2010
1974–1978
2016–2018
2013–2015
2013–2023
2013–2023
1974–2014
1992–2023
2015–2023
1958–2014
2009–2012
1987–2008
2002–2023
1997, 1999–2000
2002
2008–2014
2003–2007
1958–1973
2008–2009, 2013–2014
2010
2011–2012
1997
2010–2018
2020–2022, 2023
2019
1997, 1999–2001
1974–1983, 1985–2008
2013–2014
1966, 1968–1970, 1972–1973, 1975–1976, 1983, 1985, 1987, 1994
1969
1983–1984
2001–2002
2009–2010
2007–2008
2005–2006
2006–2011
2003–2004
2003–2004
2016–2023
2014–2015
2019–2023

Winners

See also

Further reading

External links

Notes and References

  1. Web site: Business writers get Loeb Awards . June 11, 1958 . . 53 . February 6, 2019. CVII . 36663 . Late City.
  2. News: Staff . Ted Gup to be inducted into Press Club of Cleveland's Journalism Hall of Fame . The Plain Dealer . Cleveland Live, Inc . October 23, 2007 . 2007-11-11 . https://web.archive.org/web/20080213141508/http://www.cleveland.com/news/plaindealer/index.ssf?%2Fbase%2Fnews-0%2F1193129005148360.xml&coll=2 . February 13, 2008 . dead .
  3. News: Staff . About the Gerald Loeb Awards . UCLA Anderson, School of Management . 2007-11-11 . https://web.archive.org/web/20110320024623/http://www.anderson.ucla.edu/x3287.xml . 2011-03-20 . dead .
  4. News: Times Staff Writer . Times business article honored: The article examining the ties between Digital Lightwave and the Church of Scientology won a Gerald Loeb Award for business reporting. . . July 2, 2003 . November 12, 2007. https://web.archive.org/web/20080207000842/http://www.sptimes.com/2003/07/02/Business/Times_business_articl.shtml. February 7, 2008. Internet Archive.
  5. Book: Loeb, Gerald . The Battle for Investment Survival . . 1996 . 0-471-13297-7.
  6. Book: Boik, John . Lessons from the Greatest Stock Traders of All Time . McGraw-Hill Professional . 2004 . 47–67, "Chapter 3: Gerald M. Loeb" . 0-07-143788-6 .
  7. Book: Krass . Peter . The Book of Investing Wisdom: Classic Writings by Great Stock-Pickers and Legends of Wall Street . 1999 . . 0-471-29454-3 . 176 .
  8. News: Staff Reporter . Journal Reporters Win Loeb Award . . Dow Jones & Company, Inc. . June 29, 2005 .
  9. News: Rose . Matthew . Journal Gets Loeb Award For WorldCom Coverage . . Dow Jones . July 2, 2003 .
  10. Book: Jenks, Philip . Stephen Eckett . The Global-Investor Book of Investing Rules . Financial Times Prentice Hall . 2002 . 0-13-009401-3 . 21.
  11. Book: Pacelle, Mitchell . Empire: A Tale of Obsession, Betrayal, and the Battle for an American Icon . . 2002 . 0-471-23865-1 . true . Back Cover.
  12. News: Editor's Note . Uncovering the Shenanigans . . The McGraw-Hill Companies Inc. . July 8, 2002 . 2007-11-12 . dead . https://web.archive.org/web/20071106130353/http://www.businessweek.com/magazine/content/02_27/b3790036.htm . 2007-11-06 .
  13. Book: Klein, Alec . Stealing Time: Steve Case, Jerry Levin, and the Collapse of AOL Time Warner . . 2003 . 0-7432-5984-X . true . Back Cover .
  14. Book: Blustein, Paul . And the Money Kept Rolling in (And Out) . Public Affairs . 2006 . 1-58648-381-1 . 279 .
  15. Book: Shim, Jae K. . Jonathan Lansner . 101 Investment Tools for Buying Low and Selling High . CRC Press . 2000 . 0-910944-13-X . The Authors.
  16. University of Connecticut: Loeb Awards for Distinguished Business and Financial Journalism Records. Web site: University of Connecticut Loeb Awards for Distinguished Business and Financial Journalism Records . 2009-12-11 . dead . https://web.archive.org/web/20100610103815/http://doddcenter.uconn.edu/findaids/Loeb/MSS19710002.html . 2010-06-10 .
  17. News: Staff Reporter . Journal Reporter Wins Loeb Award For Reports on Energy-Industry Crisis . . Dow Jones & Company, Inc. . May 30, 2001 .
  18. News: Staff . Judging . Gerald Loeb Awards . . 2007-11-12 . dead . https://web.archive.org/web/20080127130754/http://www.anderson.ucla.edu/x3303.xml . 2008-01-27 .
  19. https://www.flickr.com/photos/ucla_anderson/35652496311/in/photolist-arLZMt-WmnrME-WxHZW7-Vk4Gk9-arPDcL-arLZHZ-arLZPk-arPDdA-WmoDMQ-Vk5Fsq-Vk5FoY-W235oC-arLZQn-Ww8Ztg-eY6X9q-VeUanf-Ww9Bxk-Wjun3g-VVQeDW-WjumSM-Wjundg-eY9GFS-eY6Xed-eXUyxF-eY6WWE-eY6XnL-eXUyt4-eY9GAq-eXXjkF-eV9UXZ-eXUyfe Reena Ninan, UCLA on Flickr
  20. Web site: Historical Winners List. UCLA Anderson School of Management. January 31, 2019.
  21. News: Wall Street host of public TV gets Loeb Award . May 23, 1973 . . February 15, 2019 . . 143 . daily . CXXXVI . 56 . Newspapers.com.
  22. News: Ex-local reporter wins prize . May 25, 1973 . . February 15, 2019 . 104 . 177 . 10 . Newspapers.com.
  23. Web site: Times Writer Shares Gerald Loeb Award. The New York Times. May 23, 1979. January 31, 2019. D5.
  24. News: Articles by a Post Reporter Win '84 Gerald Loeb Award . April 11, 1984 . . 128 . 107 . F5 . 0190-8286.
  25. Web site: Loeb citation for Times . June 29, 1983 . . D17 . February 7, 2019.
  26. Web site: Loeb Award winners 1958–1996 . . April 2013 . February 6, 2019.
  27. News: 4 writers to get Loeb awards . May 25, 1970 . . February 14, 2019 . . 122 . LXXXVII . 3 . Newspapers.com.
  28. News: Gerald Loeb Awards given to top business journalists . July 25, 1976 . . February 14, 2019 . 2-F.
  29. News: Loeb Awards given financial writers . May 2, 1963 . . February 15, 2019 . 105 . LXXII . 59 . Newspapers.com.
  30. News: Awards announced for financial writing . May 7, 1969 . . February 15, 2019 . 110 . LXXVIII . 40 . Newspapers.com.
  31. News: Times writers Delugach, Soble get Loeb Award . April 3, 1984 . . February 15, 2019 . 122 . CIII . 2 Part IV . Newspapers.com.
  32. Web site: 2 Time men, Newsweek editor winners in 1972 Loeb Awards . May 12, 1972 . . 59 . February 6, 2019.
  33. Web site: 2 Times Staffers Win Gerald Loeb Awards . May 10, 1994 . Los Angeles Times . February 1, 2019.
  34. Web site: UCLA'S Anderson School Announces Winners of Loeb Competition and the Recipient of the Lifetime Achievement Award . Lipinski . Lynn . May 23, 2000 . . February 1, 2019 . https://web.archive.org/web/20190202154355/http://newsroom.ucla.edu/releases/UCLA-S-Anderson-School-Announces-1297 . February 2, 2019 . dead .
  35. Web site: 2007 Gerald Loeb Award Winners Announced by UCLA Anderson School of Management . June 25, 2007 . . February 1, 2019.
  36. Web site: Early Loeb winners: NYT's Sorkin and Pogue . June 29, 2010 . Talking Biz News . February 3, 2019.
  37. News: 'Playboy', 'Monitor' Honored . Devaney . James J. . May 22, 1968 . . March 20, 2019 . 143 . Final . CXXXI . 36 . Newspapers.com.
  38. News: Gleisser Wins Writing Award . April 30, 1966 . . March 20, 2019 . . 22 . Newspapers.com.
  39. Web site: Competition Categories . Anderson School of Management . https://web.archive.org/web/20190309053340/https://www.anderson.ucla.edu/news-and-events/signature-events/gerald-loeb-awards/competition-categories . March 9, 2019 . October 2, 2019.
  40. Web site: Competition Categories . Anderson School of Management . https://web.archive.org/web/20201011232843/https://www.anderson.ucla.edu/news-and-events/signature-events/gerald-loeb-awards/competition-categories . October 11, 2020 . November 13, 2020.
  41. Web site: Competition Categories . Anderson School of Management . 3 May 2021 . https://web.archive.org/web/20211002033628/https://www.anderson.ucla.edu/news-and-events/signature-events/gerald-loeb-awards/competition-categories . October 2, 2021 . October 2, 2021.
  42. Winners of the 2022 Gerald Loeb Awards Announced by UCLA Anderson at New York City Event . Daillak . Jonathan . September 30, 2022 . . PR Newswire.