Alan Abelson
{{short description|American journalist (1925–2013)}}
{{infobox writer
| name = Alan Abelson
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| birth_date = {{Birth date|1925|10|12}}
| birth_place = New York City, U.S.
| death_date = {{death date and age|2013|5|9|1925|10|12}}
| death_place = New York City
| occupation = Journalist, Editor
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| alma_mater = City College of New York
University of Iowa
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| genre = Finance
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Alan Abelson (October 12, 1925 – May 9, 2013) was a veteran financial journalist, and longtime writer of the influential Up and Down Wall Street column in Barron's Magazine.{{Citation needed|date=October 2022}}
Career
He was editor of Barron's from 1981 until 1992.[https://www.nytimes.com/1992/12/22/business/editor-of-barron-s-tells-staff-he-s-been-asked-to-quit-post.html?pagewanted=1 "Editor of Barron's Tells Staff He's Been Asked to Quit Post"],
By GERALDINE FABRIKANT, The New York Times, December 22, 1992. Retrieved Jan 31, 2010. Abelson's columns at Barron's often took a skeptical look at the investment favorites and fads of the day, and sometimes spawned controversy and even lawsuits.[http://online.barrons.com/article/SB119041472248335791.html "Debasing Bernanke"], Up and Down Wall Street column in Barron's Magazine, September 24, 2007, By Alan Abelson. Retrieved Jan 31, 2010. While working for Barron's, he was responsible for editing the Investment News & Views section, writing corporate and industry features and the influential "Up and Down Wall Street" column. From July 1982 to October 1990, Abelson frequently appeared on NBC-TV's News at Sunrise as a business commentator. In 1999, less than a year before the crash of the dot-com bubble, he warned, "the market is grossly
overvalued, more so, indeed, than it was in 1987 before the crash."{{cite web|url=https://www.wsj.com/articles/SB929747742318139264|website=Wall Street Journal|title=Bubble Trouble|date=June 21, 1999|accessdate=June 25, 2020}} Prior to working for Barron's, Abelson worked as a copy boy for the New York Journal- American. He eventually worked his way up to becoming a reporter and then onto the financial desk. From 1952 to 1956, Abelson worked as the stock-market columnist for the paper.{{cite web|title=Alan Abelson Bio {{!}} Premiere Motivational Speakers Bureau|url=http://premierespeakers.com/alan_abelson/bio|publisher=Premiere Speakers|accessdate=1 May 2013}}
Education
Abelson obtained his Bachelor of Science degree in chemistry and English from City College of New York and later received his master's degree from the University of Iowa in creative writing.
Death
Abelson died of a heart attack at a New York City Hospital on May 9, 2013. He was 87.{{Cite web |url=http://www.goerie.com/apps/pbcs.dll/article?AID=/20130509/APA/1305091026 |title=Goerie |access-date=2013-05-10 |archive-date=2018-02-03 |archive-url=https://web.archive.org/web/20180203064303/http://www.goerie.com/apps/pbcs.dll/article?AID=/20130509/APA/1305091026 |url-status=dead }} Abelson was predeceased by his wife, the former Virginia Eloise Peterson, who died in 1999, and was survived by his two children, daughter Reed Abelson and son Justin Abelson, and five grandchildren.[https://www.nytimes.com/2013/05/11/business/media/alan-abelson-barrons-columnist-and-editor-dies-at-87.html "Alan Abelson, Who at Barron’s Was a Thorn in Wall Street’s Side, Dies at 87"], The New York Times May 10, 2013, by Douglas Martin, Retrieved Feb 2, 2018.[http://www.legacy.com/obituaries/recorder/obituary.aspx?pid=164781213 "Alan Abelson Obituary"], May 13, 2013, Retrieved Feb 2, 2018.
Awards and legacy
- 1998 Gerald Loeb Lifetime Achievement Award{{Cite web |url=https://www.writenews.com/winners-and-finalists-in-loeb-51919981 |title=Winners and Finalists in Loeb Competition Announced |date=May 19, 1998 |website=The Write News |access-date=February 3, 2019}}
- Abelson is responsible for coining Yhprum's law in 1974.Robert W. Murphy, "New fiduciary responsibilities under the Pension Reform Act of 1974", Proceedings - Seminar on the Analysis of Security Prices, vol. 20, iss. 1, pp. 73–112, Center for Research in Security Prices, May 1975."News and Notes of AIChE", Chemical Engineering Progress, vol. 71, iss. 4, April 1975Alan Abelson, "Up & down Wall Street", Barron's pp. 1, 27–28, 9 December 1974.
References
{{Reflist}}
{{GeraldLoebAward Lifetime Achievement}}
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Category:American economics writers
Category:American male non-fiction writers
Category:American finance and investment writers
Category:City College of New York alumni
Category:University of Iowa alumni
Category:20th-century American journalists