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episode, which was broadcast live, he deplored the decision of
Maryland Public Television's management and urged viewers to write their PBS stations and clamor for the new financial program he would soon create. Maryland Public Television fired him immediately after the broadcast. After Rukeyser's departure, the series was renamed
222:
Rukeyser was famous for his pun-filled humor, and for advising investors to ignore short-term gyrations of the market and think long term. In answering a letter on investing in a hairpiece manufacturer, he quipped that "if your money seems to be hair today and gone tomorrow, we'll try to make it grow
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the Friday evening broadcast, peaking on the Monday afterward, but also tended to under perform the market for up to a year following the recommendation. Rukeyser strongly disputed this analysis, but ten years later
Professors Jess Beltz and Robert Jennings published another academic article in the
375:
By the 1990s, Wall Street Week faced increasing competition from rivals like CNBC. In 2002, network executives wanted to replace him with a younger host to help boost ratings. MPT executives offered him a five-minute segment on a newly retooled version of the show; Rukeyser declined. In his final
471:
reporting results consistent with Pari's original findings, and that there was "little correlation between the 6-month performance of a recommendation and the abnormal volume at the date the recommendation is made." They observed that there were differences in return performance between the
436:
Rukeyser's monthly newsletters continued to be published by KCI Communications (now
Capitol Information Group) under the editorship of Benjamin Shepherd until October 2012 when Rukeyser Mutual Funds was discontinued and Louis Rukeyser's Wall Street was changed to Ben Shepherd's Wall Street.
472:
recommendations of different individuals, but the market could not discern the more insightful recommendations from the less insightful. Another commentator noted "It is mathematically impossible for the thirty million viewers of this show to beat the market, since they are the market."
449:
on Friday would experience a spike (rapid short term advance) in its stock price the following Monday. This phenomenon, dubbed "The
Rukeyser Effect", was described as a further demonstration of the program's influence. However, in 1987, Professor Robert Pari of
405:. Highly unusual for a cable network, advertising on the show was limited to before-and-after underwriting announcements similar to those on non-commercial broadcast stations. This was done at Rukeyser's insistence, so that
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Rukeyser and his wife, former
British journalist Alexandra Gill, had three daughters, Beverley Jane Rukeyser Bellisio, systems analyst (married to Anthony J. Bellisio in 1985); Susan Athena Rukeyser; and
390:, along with Karen Gibbs, a former senior business correspondent on the Fox News Channel. But without Rukeyser, the show's ratings fell and Maryland Public Television cancelled the show in June 2005.
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and worked as an economics correspondent and commentator. He left ABC in 1973. Despite moving to television, he continued to write for newspapers as a syndicated columnist.
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1990 first man to receive the Women's
Economic Round Table award "for outstanding service in educating the public about business, financial and economic policy."
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485:, which he ended when he left ABC in 1973) for "an outstanding accomplishment in helping to achieve a better understanding of America and Americans."
336:. The show ran for 32 years, reaching its ratings peak in the mid-1980s. Rukeyser took pride in creating the first television show which focused on
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372:. He played the part of a business man attempting to climb into a cab when Sadie (played by Bette Midler) hits him with her bag and takes the cab.
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and Robert J. His ancestors came from
England, Germany and Latvia, with his paternal great-grandfather arriving in the United States about 1840.
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The
Fashion Foundation of America named him both the best-dressed man in finance and the most sartorially elegant host in America.
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2000 Financial
Planning Association of New York's Malcolm S. Forbes Award for Excellence in Advancing Financial Understanding.
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710:"Unlike His Fans, Wall Street Is a Special No-Lose Situation for Pbs' Lou Rukeyser: He Plays, but Rarely the Market"
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803:"Financial Advice TV Show Pioneer - Ex-newspaperman Explained Wall St. to Main St. on PBS Louis Rukeyser 1933-2006"
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George
Washington Honor Medal of the Freedoms Foundation (presented to his popular radio commentary program,
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The Press and Senator McCarthy - a Study of the Coverage of a Controversial Figure by Six New York Newspapers
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detailing the results of a study that found that stocks recommended by Rukeyser's guests on
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1022:"Recommendations: Trading Activity and Performance: "Wall Street Week with Louis Rukeyser""
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Kempner, Matt (April 10, 2002). "Rukeyser to Appear on Public Television as well as CNBC".
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1978 Freedoms Foundation award for his newspaper column, begun just two years earlier.
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250:) Rukeyser. He was the younger brother of Merryle S. "Bud", Jr. and older brother of
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journalist, columnist, and commentator, through print, radio, and television.
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owing to Rogers' success as an investor. Rukeyser was also a member of the
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219:" of economics, Rukeyser won numerous awards and honors over his lifetime.
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Over the years, stock traders and analysts noted that a company touted on
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back by giving the bald facts on how to get your investments toupée."
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Pari, Robert (1987). "Wall Street Week recommendations: yes or no?".
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Peterson, a television writer and producer (married to film producer
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The Jewish Phenomenon: Seven Keys to the Enduring Wealth of a People
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not only tended to rise in price and trading volume in the days
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Princeton School of Public and International Affairs alumni
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What's Ahead for the Economy: The Challenge and The Chance
401:(named after one of his newsletters) on the cable channel
831:"Smiles and Bumps as Panelist 21 years on 'Wall St. Week"
610:, home on May 2, 2006. His body was cremated. He was 73.
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newsletter was first published in 1992; two years later,
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Woodrow Wilson School of Public and International Affairs
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family, the second of four sons of financial journalist
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From 1954 to 1965, Rukeyser worked as a political and
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1165:"One for the money: Rukeyser's Friday evening pavane"
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Television personalities from New Rochelle, New York
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1116:. Vol. CXXXVI, no. 143 (daily ed.).
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1769:Deaths from multiple myeloma in the United States
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671:What's Ahead for the Economy: Revised and Updated
181:(January 30, 1933 – May 2, 2006) was an American
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856:"Executive Life: The Boss - Keep the Cameras On"
269:in 1954 after completing a senior thesis titled
1107:"Wall Street host of public TV gets Loeb Award"
198:. He also published two financial newsletters,
1774:Gerald Loeb Lifetime Achievement Award winners
1299:Gerald Loeb Lifetime Achievement Award winners
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1057:"The Basics of Investing and Portfolio Theory"
273:. While at Princeton, Rukeyser's roommate was
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1191:"A. J. Bellisio Engaged to Beverley Rukeyser"
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949:"Louis Rukeyser, Television Host, Dies at 73"
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332:, a PBS member station, at its facilities in
745:"Longtime TV host Louis Rukeyser dead at 73"
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1754:Television personalities from New York City
1734:American business and financial journalists
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551:Southeastern Massachusetts University (now
492:for excellence in financial journalism for
380:and co-hosted by the editorial director of
265:, where he graduated with an A.B. from the
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1061:Efficient Frontier (efficientfrontier.com)
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231:Rukeyser was born on January 30, 1933, in
188:He was the host of two television series,
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16:American financial journalist (1933–2006)
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708:Burstein, Patricia (February 26, 1979).
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1020:Beltz, Jess; Jennings, Robert (1997).
512:Gerald Loeb Lifetime Achievement Award
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1163:Stewart, David (September 28, 1998).
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553:University of Massachusetts Dartmouth
454:published an academic article in the
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325:Wall Street Week with Louis Rukeyser
286:Wall Street Week with Louis Rukeyser
215:magazine as the only sex symbol of "
191:Wall Street Week with Louis Rukeyser
1819:Writers from New Rochelle, New York
498:, the first given to a broadcaster.
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1668:, Business and Financial Staff of
1145:UCLA Anderson School of Management
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1779:Gerald Loeb Special Award winners
1764:Deaths from cancer in Connecticut
1569:Gerald Loeb Special Award winners
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560:Southern New Hampshire University
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1211:"Stacy Rukeyser, Clark Peterson"
971:The Atlanta Journal-Constitution
621:How to Make Money in Wall Street
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397:, Rukeyser began a new program,
318:In 1970, he started the popular
1834:New Rochelle High School alumni
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987:Journal of Portfolio Management
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516:Nine honorary doctorates from:
456:Journal of Portfolio Management
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1789:Journalists from New York City
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889:. Rukeyser.com. Archived from
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534:Western Maryland College (now
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344:was parodied in an episode of
283:and much later was a guest on
1:
1039:10.1016/S1058-3300(97)90012-4
1026:Review of Financial Economics
743:Collins, Dave (May 3, 2006).
694:
469:Review of Financial Economics
431:Louis Rukeyser's Mutual Funds
378:Wall Street Week with Fortune
204:Louis Rukeyser's Mutual Funds
427:Louis Rukeyser's Wall Street
399:Louis Rukeyser's Wall Street
311:newspaper. He then moved to
200:Louis Rukeyser's Wall Street
196:Louis Rukeyser's Wall Street
7:
1784:Jewish American journalists
1128:– via Newspapers.com.
558:New Hampshire College (now
320:Public Broadcasting Service
257:In 1950, he graduated from
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1829:21st-century American Jews
1824:20th-century American Jews
1739:American economics writers
1120:. May 23, 1973. p. 56
1118:United Press International
354:. In 1988, Rukeyser had a
330:Maryland Public Television
1749:American male journalists
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1167:. Current. Archived from
566:Roger Williams University
350:. Rukeyser was played by
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1814:The Baltimore Sun people
1403:Byron E. "Barney" Calame
593:Stacy Alexandra Rukeyser
520:Johns Hopkins University
415:hematological malignancy
259:New Rochelle High School
241:Merryle Stanley Rukeyser
227:Early life and education
159:Merryle Stanley Rukeyser
476:Awards and achievements
887:"About Louis Rukeyser"
608:Greenwich, Connecticut
393:Shortly after leaving
334:Owings Mills, Maryland
179:Louis Richard Rukeyser
80:Greenwich, Connecticut
47:Louis Richard Rukeyser
1054:Bernstein, William J.
918:University Press Club
829:(November 19, 1992).
623:. Garden City, N.Y.:
303:foreign correspondent
291:University Press Club
243:and Berenice Helene (
1088:Brooks International
850:Olsen, Patricia R.;
787:. December 22, 1988.
677:Simon & Schuster
651:Simon & Schuster
263:Princeton University
110:economic commentator
92:Princeton University
1590:Nicholas Molodovsky
1527:Michelle Singletary
1171:on October 13, 2008
1152:on August 30, 2006.
999:10.3905/jpm.1987.74
753:. Associated Press.
525:American University
441:The Rukeyser Effect
347:Saturday Night Live
261:. He then attended
170:William S. Rukeyser
1671:The New York Times
1356:Stephen B. Shepard
1196:The New York Times
1094:on March 28, 2006.
954:The New York Times
861:The New York Times
854:(March 16, 2003).
827:Westheimer, Julius
217:the dismal science
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1685:Los Angeles Times
1678:Robert Heilbroner
1666:Frederick Andrews
1627:James W. Michaels
1621:Philip B. Osborne
1597:Newsweek Magazine
1535:
1534:
1450:Steven Pearlstein
1373:Norman Pearlstine
1344:Jane Bryant Quinn
1326:James W. Michaels
893:on April 27, 2006
836:The Baltimore Sun
808:The Baltimore Sun
686:978-0-671-55790-4
660:978-0-671-44996-4
634:978-0-385-07505-3
602:Rukeyser died of
490:Gerald Loeb Award
308:The Baltimore Sun
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1199:. July 21, 1985.
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604:multiple myeloma
547:Moravian College
536:McDaniel College
495:Wall Street Week
483:Rukeyser's World
460:Wall Street Week
411:multiple myeloma
395:Wall Street Week
356:cameo appearance
342:Wall Street Week
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695:References
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352:Jon Lovitz
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107:journalist
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