Carol Loomis

Journalist

Birthday June 25, 1929

Birth Sign Cancer

Birthplace Missouri

Age 94 years old

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About

Known for her sixty-year-long career as a journalist for Fortune magazine, this financial expert is credited with inventing the term "hedge fund" to describe a particular type of investment model.

Before Fame

After studying at Drury College, she earned a journalism degree from the University of Missouri.

Trivia

She was a 1993 recipient of the Gerald M. Loeb Lifetime Achievement Award and a 2000 winner of the Women's Economic Round Table Award.

Family Life

As the granddaughter of a novelist, she was always drawn toward a career in writing. She left her native Missouri in the early 1950s to pursue a journalism career in New York City.

Associated With

She had a close friendship with famous investor Warren Buffett.