Andy Kessler (author)
{{short description|American businessman, investor, and author (born 1958)}}
{{for|persons of a similar name|Andy Kessler (disambiguation)}}
{{BLP sources|date=March 2012}}
{{use American English|date=September 2024}}
{{use mdy dates|date=September 2024}}
{{Infobox writer
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Andy Kessler (born 1958)[http://www.andykessler.com/about.html Andy Kessler] is an American businessman, investor, and author. He writes the "Inside View" column for The Wall Street Journal opinion page. Kessler has worked for about 20 years as a research analyst, investment banker, venture capitalist, and hedge fund manager.{{cite book|last=Kessler|first=Andy|title=Wall Street meat : my narrow escape from the stock market grinder|year=2004|publisher=HarperBusiness|location=New York|isbn=0-06-059214-1|edition=1st HarperBusiness paperback|url=https://archive.org/details/wallstreetmeatmy00kess}} He has written for The Wall Street Journal, The New York Times, Wired, Forbes, The Weekly Standard, the Los Angeles Times, The American Spectator, and Thestreet.com.
Early life
Raised in Bridgewater Township, New Jersey,Kessler, Andy. [https://www.wsj.com/articles/a-boy-and-his-flag-11592153447 "A Boy and His Flag; The Stars and Stripes represents freedom—and the ways we adapt to earn our living."], The Wall Street Journal, June 14, 2020. Accessed July 23, 2020. "I grew up in central New Jersey, in the township of Bridgewater, some 10 miles up the Raritan River from New Brunswick." Kessler attended Bridgewater-Raritan High School East.{{cite web|title='Eat People: And Other Unapologetic Rules for Game-Changing Entrepreneurs' with Andy Kessler|url=http://www.whartonclub.com/article.html?aid=1411|work=Wharton Club of Northern California|date=June 9, 2011 |access-date=August 25, 2016}} He has a BS in electrical engineering from Cornell University (1980) and an MSEE from the University of Illinois (1981).{{cn|date=April 2024}}
Career
=Finance=
From 1980 to 1985, Kessler worked for AT&T Bell Labs as a chip designer and programmer. In 1985, he joined Paine Webber in New York as an analyst of the electronics and semiconductor industry. In 1989, Kessler joined Morgan Stanley as a semiconductor analyst before moving to San Francisco in 1993. There he worked for Unterberg Harris as an investor, until starting Velocity Capital with Fred Kittler.
=Writer=
From January to March 2003, Kessler wrote and successfully self-published a book, Wall Street Meat: My Narrow Escape From the Stock Market Grinder, about working with Jack Grubman, Frank Quattrone, and Mary Meeker, after hearing that traditional publishing houses would take over a year to publish it.Kessler, Andy. [http://www.opinionjournal.com/la/?id=110004578 "Self-Publish And Be Damned? Not Always."], The Wall Street Journal Online, January 20, 2004. Retrieved March 17, 2008.
Kessler's 2010 novel Grumby takes him into the world of super-hackers. The book is notable among books by well-known authors for being released first on Kindle and then in hardcover. This allowed Kessler to include a fictional cause for the flash-crash, which occurred just prior to publication, in the plot.{{Citation needed|reason=Blog is not a reliable source|date=July 2018}}
Among his many other writings, in an April 26, 2007 guest column in The New York Times, entitled "Trust Me", Kessler wrote in part: "There are plenty of things I don’t trust – like Wikipedia. I’ve watched my 15-year-old son and his friends take turns editing the page for the animated film 'Land Before Time,' flipping the gender of the character Littlefoot from he to she and back."Kessler, Andy. [http://www.andykessler.com/andy_kessler/2007/04/nyt_trust_me.html NYT: Trust Me], The New York Times, 2007-04-26. Retrieved on 2007-07-14.
In March 2023, Kessler suggested in The Wall Street Journal that the Silicon Valley Bank "may have been distracted by diversity demands" in the lead up to its collapse.{{cite news|url=https://gizmodo.com/wall-street-journal-silicon-valley-bank-fdic-startup-1850221018|title=The Wall Street Journal Thinks Silicon Valley Bank Woked Itself Into Bankruptcy|first=Kyle|last=Barr|work=Gizmodo|date=2023-03-13}}{{cite news|url=https://www.vice.com/en/article/xgwq9a/wsj-wonders-did-silicon-valley-bank-die-because-one-black-person-was-on-its-board|title=
WSJ Wonders: Did Silicon Valley Bank Die Because One Black Person Was on Its Board?|first=Jason|last=Koebler|work=Motherboard|publisher=Vice|date=2023-03-13}}{{cite news |last1=Kessler |first1=Andy |title=Opinion {{!}} Who Killed Silicon Valley Bank? |url=https://www.wsj.com/articles/who-killed-silicon-valley-bank-interest-rates-treasury-federal-reserve-ipo-loan-long-term-bond-capital-securities-startup-jpmorgan-bear-stearns-lehman-brothers-b9ca2347 |access-date=14 March 2023 |work=WSJ |archive-url=https://archive.today/20230313232422/https://www.wsj.com/amp/articles/who-killed-silicon-valley-bank-interest-rates-treasury-federal-reserve-ipo-loan-long-term-bond-capital-securities-startup-jpmorgan-bear-stearns-lehman-brothers-b9ca2347 |archive-date=13 March 2023 |quote=Then there's this: In its proxy statement, SVB notes that besides 91 percent of their board being independent and 45 percent women, they also have '1 Black,' '1 LGBTQ+,' and '2 Veterans.' I’m not saying 12 white men would have avoided this mess, but the company may have been distracted by diversity demands.}}
Awards
- 2019 Gerald Loeb Award for Commentary for his "Inside View" columns in The Wall Street Journal.{{Cite press release |title=UCLA Anderson School of Management Announces 2019 Gerald Loeb Award Winners |date=June 28, 2019 |publisher=UCLA Anderson School of Management |url=https://www.prnewswire.com/news-releases/ucla-anderson-school-of-management-announces-2019-gerald-loeb-award-winners-300877656.html |last1=Trounson |first1=Rebecca |access-date=October 2, 2019 |website=PR Newswire}}
Selected works
- Eat People and Other Unapologetic Rules for Game-Changing Entrepreneurs (2011) {{ISBN|1-59184-377-4}}
- Grumby: A Novel (2010) {{ISBN|0-9827163-2-X}}
- The End of Medicine: How Silicon Valley (And Naked Mice) Will Reboot Your Doctor (The New York Times Business Best Seller) (2006) {{ISBN|0-06-113029-X}}
- How We Got Here: A Silicon Valley and Wall Street Primer (A History of Technology and Markets) (2004) {{ISBN|0-9727832-2-9}}
- Running Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score (The New York Times Best Seller) (2004) {{ISBN|0-06-074065-5}}
- Wall Street Meat: My Narrow Escape from the Stock Market Grinder (Jack Grubman, Frank Quattrone, Mary Meeker, Henry Blodget and Me) (2003) {{ISBN|0-06-059214-1}}
Personal
Kessler lives in California with his wife, Nancy, and four children.
References
{{reflist|2}}
External links
{{wikiquote}}
{{scholia}}
- {{Official website|http://www.andykessler.com}}
- [https://www.wsj.com/news/types/inside-view "Inside View"] column at The Wall Street Journal
- [https://twitter.com/andykessler @AndyKessler on Twitter]
{{GeraldLoebAward Columns, Commentary, and Editorials}}
{{Authority control}}
{{DEFAULTSORT:Kessler, Andy}}
Category:American business writers
Category:American computer programmers
Category:American financial analysts
Category:American investment bankers
Category:American money managers
Category:American stock traders
Category:Bridgewater-Raritan High School alumni
Category:People from Bridgewater Township, New Jersey
Category:Cornell University College of Engineering alumni
Category:University of Illinois alumni
Category:Gerald Loeb Award winners for Columns, Commentary, and Editorials