Roger Lowenstein
Roger Lowenstein is one of the most prominent financial journalists of the 21st century. His books, which have been reviewed extensively by The New York Times and other major newspapers, have influenced our understanding of the financial markets for over two decades.
Lowenstein began his career writing for The Wall Street Journal and Newsweek, and is currently the contributing editor for Bloomberg News. He is the author of several books about the stock market and economics, most notably The End of Wall Street, Buffett: The Making of an American Capitalist and When Genius Failed.
Lowenstein's 17th book, The End of Wall Street, covers the final years of Lehman Brothers’ investment banking division, their subsequent 2008 failure, and the Great Recession that followed. Drawing on personal interviews with key figures, Lowenstein examines the complex pressures and motivations underlying the month-long crisis that could have brought down the global economy.
In his second book, Buffett: The Making of an American Capitalist, Lowenstein offers an inside look at the career and investment strategies of legendary investor Warren Buffett. Lowenstein looks at how Buffett developed his personal investment philosophies and how these were instrumental in his business success. Lowenstein walks readers through the crucial stages of Warren Buffett’s financial decisions, including his early years as a stock picker, his first foray into the stock market, and his investment in Berkshire Hathaway.
Lowenstein’s third book, When Genius Failed: The Rise and Fall of Long-Term Capital Management, follows the mistakes of one of the most heavily leveraged hedge funds in history. Lowenstein recounts the disastrous efforts of the fund’s managers who, despite having access to large amounts of capital and the expertise of Nobel laureates, managed to lose $4.6 billion in a single year. The book highlights the complex forces and decision making processes that caused the fund’s failure, revealing how the confidence of the fund’s creators was more important than the savvy of their advisors.
Lowenstein’s most recent book, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success, takes an in-depth look at the lives and careers of eight remarkable business leaders. The book looks at the unconventional ways in which these CEOs built their companies from the ground up and the unique methods they employed to produce often wildly successful results. Lowenstein follows each CEO’s journey, showing how their respective brands rose in the face of intense competition and how their business models were driven by an uncommon cost-benefit analysis.
Overall, Lowenstein’s books provide deep insight into the world of finance and business. His works offer readers a clear-eyed review of the successes and failures of great investors and business leaders, while also providing valuable lessons on how to succeed in today’s global economy. Lowenstein's books are must-reads for those looking to gain an in-depth understanding of the financial markets and the forces that shape them.