Carol Loomis

Date of Birth: June 25, 1929

Zodiac Sign: Cancer

Biography

Carol Loomis is an esteemed journalist renowned for her extensive career at Fortune magazine, where she worked for over 60 years. Born in Cole Camp, Missouri, Loomis began her journalism career after graduating from the University of Missouri in 1951. She joined Fortune magazine in 1954, where her incisive financial reporting and editorial skills quickly earned her a reputation as one of the leading business journalists in the United States. Loomis is particularly known for her coverage of Warren Buffett and Berkshire Hathaway. She not only edited Buffett’s annual shareholder letters but also wrote numerous articles about him, ultimately leading to a friendship that spanned decades. Her work has been celebrated with numerous awards, including the Gerald Loeb Lifetime Achievement Award. Loomis retired from Fortune in 2014 but continues to be an influential voice in financial journalism.

5 Interesting Facts about Carol Loomis

1. Carol Loomis was the first female president of the American Society of Business Press Editors.

2. She edited Warren Buffett’s annual letters to Berkshire Hathaway shareholders for over 40 years.

3. Loomis coined the term “hedge fund” in a 1966 Fortune article.

4. She won the Gerald Loeb Lifetime Achievement Award in 1993.

5. Loomis served as an advisor to the Knight-Bagehot Fellowship in Economics and Business Journalism at Columbia University.

5 Most Interesting Quotes from Carol Loomis

1. “Warren Buffett has been a friend, a boss, and a teacher.”

2. “Good journalism requires a commitment to fairness and accuracy.”

3. “Reporting on finance is like navigating a minefield; you must tread carefully.”

4. “The future of journalism lies in the hands of those who cherish truth and integrity.”

5. “I’ve always believed that the best stories are those that reveal the unexpected.”

Highest Net Worth Achieved

Carol Loomis’s highest net worth is not publicly documented, but she is recognized as one of the most influential financial journalists, which implies significant professional success.