Carol loomis biography
Carol loomis articles.
Carol loomis biography
Carol Loomis
American financial journalist
Carol Junge Loomis (born June 25, ) is an American financial journalist, who retired in as senior editor-at-large at Fortune magazine.[1][2]
Education
Carol Junge Loomis attended Drury College, and graduated from the University of Missouri, with a Bachelor of Journalism degree in [3]
Career
In , she coined the term "hedge fund"[4] for a hitherto little known strategy that took off as a result.
That year Carol Loomis wrote an article called "The Jones Nobody Keeps Up With." Published in Fortune, Loomis' article lionized Jones and his approach. The article's opening line summarizes the results at A.W. Jones & Co.: "There are reasons to believe that the best professional money manager of investors' money these days is a quiet-spoken seldom photographed man named Alfred Winslow Jones."[14] Coining the term 'hedge fund' to describe Jones' fund, it pointed out that his hedge fund had out