Cowboy Ethics

by Owen, James P.; Stoecklein, David R.

• ISBN13: 9781931153959
• ISBN10: 1931153957
• Format: Paperback
• Copyright: 2005-04-01
• Publisher: Stoecklein Pub

Summary

Having been rocked by one damaging revelation of misbehaviour after another, Wall Street is in a state of crisis. Investors are disgusted by the misdeeds of a few and suspicious of the industry at large. Every firm finds its integrity open to question. Regulators are up in arms. And the industry is facing billions of dollars in costs to comply with a floodtide of new regulations. But imagine what could happen if Wall Street firms looked back to a simpler time when a handshake was enough to seal a deal, and right and wrong were as clear as black and white. In words and images, Cowboy Ethics explores the life and code of the working cowboy as a source of inspiration pointing the industry to a way out of its troubles. The book is intended as the catalyst for a movement to transform the industry - not with the carrot and stick, but from the inside out - one person, firm, and organisation at a time.

Author Biography

James P. Owen is a 35-year veteran of Wall Street. He is an Owner/Partner of Austin Capital Management in Austin, Texas, and its Director of Corporate Values. He is Co-founder of the Investment Management Consultants Association (IMCA) and serves as Chairman Emeritus. Jim is the author of the financial bestseller, The Prudent Investor: The Definitive Guide to Professional Investment Management (McGraw-Hill, 1990), and The Prudent Investor's Guide to hedge Funds: Profiting From Uncertainty & Volatility (John Wiley & Sons, 2000). He and his wife Stanya have two children and live in Santa Barbara, California.