Purpose: This paper profiles the leadership and Financial Strategy principles of Henry E. Singleton, Ph.D., the late founder, Chairman and CEO of Teledyne Corporation. Design/methodology/approach: The main sources of this paper are a private study prepared by Leon G. Cooperman, founder, Chairman...

This paper profiles what I believe are core value investing general principles. In my work as a corporate financial and strategic advisor, I have observed a need for such an exposition because core value investing theory is not well understood by many corporate executives. Two anecdotal examples...

Today's executive faces a number of potential threats and opportunities which, in many ways, will help to determine who the corporate winners and losers will be in the coming years. Sixteen years ago, the United States government faced a number of threats following the tragic September 11th...

This paper is a compilation of two articles that were written on the subject of catastrophe bond valuation (Part 1 of the paper) and tail risk hedging (Part 2 of the paper) from a value investing perspective. The paper presents a practical introduction to these topics that was written to the...

The field of Security Analysis has generally come to embrace the theories of modern economics, seemingly without adequate consideration for how to bridge the gap between theory and practice. The consequences of this, most recently experienced in the 2007-2008 financial crisis, have been...

This paper is a compilation and expansion of two earlier papers, one on systemic risk and the other on strategic risk management. Part 1 of the paper proposes a definition and assessment methodology for systemic financial risk that was inspired by systems accident research. Sociologist Charles...

No one in United States financial and business history is as misunderstood, and under-appreciated, as Jay Gould. This article assesses Gould’s skills as a corporate executive following his distressed investment in, and subsequent managerial control of, the Union Pacific Railroad (UP). The UP...

Insurance companies can leverage the regulatory requirement of a "Risk Management Own Risk and Solvency Assessment" (RMORSA) to improve risk-to-reward decision-making in general, and business planning in particular. This paper profiles several RMORSA-based improvements and explains how those...

Many insurers have undertaken efficiency initiatives for various corporate functions over the years, including rules-based claims systems to control "claims leakage," finance transformation, IT and business process outsourcing, and others. Given the current challenging insurance market (e.g.,...

Books on Graham and Dodd-based valuation tend to be predominantly introductory in nature, and essentially present different interpretations of value investing, broadly defined. This book takes a different approach; rather than introduce a new variation on the value investing theme, it adopts the...