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The article profiles several money managers located in West Coast U.S. Topics discussed include worth of investments being managed by Capital Guardian Trust Co. chairman Robert Kirby as of 1980, money management style of Bank of America's Jack Leylegian and career history of Robert Day of the Trust Co. of the West. Also discussed are the common factors among the money managers, reasons why they are considered the best by their fellow money managers and their investment styles.

The article discusses the leveraged buyout trend in U.S. business as of July 1978. It describes the trend as a counterwave or limited reversal of the conglomeration trend of the 1960s, which involves big corporations shedding off divisions. It notes that the idea has attracted seasoned businessmen with entrepreneurial spirit and little capital for a chance to run and partly own a small company. It cites the leveraged buyout of Vapor Corp. which was divested by machine manufacturer Singer Co. INSET: The Dealmakers.

The article focuses Trus Joist, a construction company founded by Arthur Troutner and Harold Thomas. Topics discussed include the growth of the company's earnings in 1979, its return on equity since 1974, and Troutner's invention of a lighter, cheaper support beam for roofing and flooring. The commercial success of the company's high-strength wood substitute, called Micro-Lam, is mentioned.

The article reports developments in the U.S. stock market as of late September 1980. It cites the growing demand for high technology stocks as seen in the performance of such firms as Applicon and Tellabs. It presents the about 25% increase in the Standard & Poor's 500 and the Dow Jones Industrials indexes since March 1980. The opinions of Chase Manhattan's Robert Herwick and John Johnson of the T. Rowe Price New Horizons Fund on the developments are also cited. INSET: Hot stuff.

The article focuses on the Claremont Economics Institute (CEI) in California which provides economic advice to its clients, mainly financial institutions as of May 12, 1980. Topics discussed include some factors that make CEI unique from other economic forecasting and consulting institutions and its predictions derive from the Globesim econometric model which it developed in conjunction with former U.S. Treasury Secretary William E. Simon.

The article reports on the growing number of seminars that feature public speakers who predict the downfall of the U.S. economy and encourage people to invest their money in metals, precious stones, real estate and foreign currencies in 1979. It mentions that speakers in such seminars include "International Moneyline" publisher Julian M. Snyder, politician Ronald Reagan and economist Alan Greenspan. The role of inflation in the economic woes of the U.S. as discussed by the speakers is analyzed.

The article focuses on the growth of in-house lawyers among companies in the U.S. Topics discussed include the reason behind the growth, the estimated amount spent on compliance with various government regulations and the shift in the emphasis of law firms toward litigation. Also included are the insights of general counsels James H. Hanes and George W. Coombe on the issue.

The article focuses on the petroleum company Atlantic Richfield Co. (ARCO) and its financial performance in 1981. Topics include ARCO Chairman Robert O. Anderson's investment in mineral industries, ARCO's investment in domestic petroleum prospecting, and the amount that the company spends on petroleum drilling operations internationally.

The article discusses the financial status of engineering company Fluor Corp. under chairman J. Robert Fluor. The author describes the rebound of the company's stock price following former U.S. President's criticism of synthetic fuel research. Topics mentioned include the company's oil refinery and pipeline construction projects in Saudi Arabia and Venezuela, the company's corporate history since 1965, and corporate revenues between 1970 and 1980.

The article discusses the money management firm Siebel Capital Management, Inc. and offers a profile of company president Ken Siebel. The author describes Siebel's investment strategy and his sales of company stocks upon company or industry weakness. Topics mentioned include the rate of return on investments from 1974 to 1980, a comparison of rates of return with the Dow Jones Industrial and Standard & Poor's 500 averages, and his work with investment firm Robertson, Colman, Siebel and Wiesel.

The article looks at the performance of the U.S. specialty retailing industry in 1980. Topics discussed include Tandy Corp.'s pioneering of the retailing of small hand-held and desktop computers resulting to high sales and earnings since 1976 and computer companies such as Apple and Commodore International's distribution through consumer electronics chains. Also provided is a list showing the management performance of specialty retailers in terms of profitability and growth. INSET: The do-it-yourself boom.

The article looks at the performance of the U.S. general merchandising industry in 1980. Topics discussed include factors that set the trend for merchandising strategies, competition with higher-priced fashion stores and discounters and efforts of Montgomery Ward to reverse its poor earnings record. Also provided is a list showing the management performance of merchandisers in terms of profitability and growth.

The article discusses the strategy of trading commodities used by professional money manager Mark Fishzohn, founder and owner of California-based Cambridge Research & Management Co. (CRM). Topics include 62% profitable trades for 1980, biographical information about Fishzohn, and his plans for investments in copper, zinc, and platinum in 1981.

The article reports that AM International chairman and chief executive officer (CEO) Roy L. Ash remains optimistic despite a projected net loss of 9 million dollars for the company in the first quarter of 1981. It notes that Ash is expecting to restore the company's positive cashflow by omitting quarterly dividends, reducing inventory, and raising capital through a stock or debt offering. Ash attributes the company's revenue loss to poor financial controls.

The article looks at the growth of defense contractor Litton Industries with Charles B. Thornton as chairman and Fred W. O'Green as president. Topics discussed include the company's cash liquidity, its plan to acquire more companies, and its diverse operations which include the aircraft and missile navigation and communication systems sector, offshore oil drilling platforms, and railroad car construction.

The article focuses on the growth of Pacific Lumber Co. It discusses the increase in the company's wealth, its payout from its acquisition deals, the company's redwood timber plantations in California, the quality of its trees, its acquisition of Victor Equipment and the decline in the company's earnings in 1980.

The article discusses why Del E. Webb Corp., the biggest casino operator in the U.S., has not succeeded as much as its competitors, with 36 percent decline in earnings in 1979 to about 98 cents a share from 1.57 dollars in 1978. It discusses reasons including neglect of casino operations where morale is low, slow in implementation of a coordinated marketing strategy for its five hotels, and complimentaries making up 18 percent of casino revenues. Webb is now expanding its Sahara Hotel.

The article examines the performance of railroad company Southern Pacific Co. (SP) as of October 1979. Topics discussed include the properties and other assets owned by SP across the U.S., the decline in the company's return on equity and net income in 1978 and during the past five years, and the status of the nonrailroad operations of SP such as its microwave transmission business.

Two charts are presented showing the performance of convertible bonds issued by various U.S. companies as of October 1979 including film production studio Columbia Pictures, department store chain K mart, and agriculture firm Castle & Cooke.

The article presents a talk with William O'Neil, head of Los Angeles-based securities research firm William O'Neil & Co. as of July 23, 1979. According to O'Neil, investors should put their money into small and midiun-sized growth firms. Topics include the bull market, stocks of high technology firms, and O'Neil's weekly charts of stock information, called "Datagraphs." Particular focus is given to stocks of oil-equipment producer Dover, property firm Newhall Land, and chemical concern Cabot.

The article features Claude N. Rosenberg, author of three books on stock investing and head of RCM. It informs that RCM handles assets of 1.3 billion U.S. dollars, making it one of the largest independent money management firms on the U.S. West Coast, with blue-chip pension clients such as Xerox, J. C. Penny and General Mills. The article also narrates how Rosenberg almost failed with growth stocks and came back with bonds and diversification.

The article discusses the comeback of venture capital in 1979 after nearly a dormant decade. It reports that 1 billion U.S. dollars in new venture capital will be pumped in 1979 into the U.S. economic engine, more than ten times than in 1977. The article also presents the comments on the booming venture capital market from venture veteran Arthur Rock, Econics President Keith Swanson and William Draper of Sutter Hill Ventures.

The article looks at the business operations of U.S. investment management company Capital Group's executives Jim Fullerton, Jon B. Lovelace, and David Fisher as of June 1979. Topics discussed include their investing approaches, the performance of Capital's funds including The Investment Co. of America, American Mutual Fund, and New Perspective (NP), and NP's portfolio.

The article focuses on the imprisonment of businessmen Richard S. Wise and Stanley B. Bellis in the U.S. in 1979 on account of price-fixing. It reports that Wise and Bellis conspired to divide sheet metal work on government construction jobs. It also offers information on the Criminal Code Reform Act.

The article discusses how regional banks in the U.S. will benefit from a recovering economy. Most regional banks have repaid their Troubled Asset Relief Program (TARP) borrowings. Such banks are expected to benefit from the growth in small business loans and the renewal of the housing market. As compared to 18,000 in 1984, there are only 8,000 banks and thrifts in the country. Merger and acquisition activity is also expected to continue in the banking sector. Some of recommended small-cap bank stocks are Flushing Financial Corp. and Bankunited.

The article focuses on the diversification of engineering and construction firm Fluor Corp. into natural resources under the leadership of chairman J. Robert Fluor.

The article features E. H. Clark, chairman of Baker International Corp., and his investment in the oilfield services business. It recalls a remark from Clark on the need for the U.S. to build its own oil rig and the allocation of two billion dollars in the business under a five-year capital program. It discusses how the increase in the number of petroleum wells will benefit the company through the increased use of its products ranging from drillbits and tool joints to workover equipment.

The article discusses the economic aspects of the stock price and dividends being offered by stockholders of financial securities issued by the Xerox company.

The article focuses on the success of the Gifford Fong Associates, a provider of computerized advice to assist money managers in buying and selling bonds, and includes information on its Bondsens bond sensitivity analysis service.

The article focuses on the growth opportunity being offered by the Japanese stock market to investors, according to Robert Boyd, president of G.T. Capital Management Inc. It discusses the decline in stock prices offered by Japanese high-technology, industrial and service stocks, Boyd's forecasts on Japan's inflation and real gross domestic product and Japanese stocks that attractive to investors.

The article looks at the proposed merger between manufacturing conglomerate Dart Industries Inc. and food company Kraft, Inc. as of August 1980 with a focus on the executive team of the resulting company Dart & Kraft, Inc.

The article features Richard P. Cooley, chairman and chief executive officer (CEO) of Wells Fargo & Co., parent company of one of the U.S.' largest banks as of February 1980. It cites the bank's average compound earnings growth of 19% a year, deemed the best among the top 20 U.S. banks from 1973 and 1978, but rose only 12% in 1979 when three of its major California competitors showed higher gains. It talks about its retail banking and international operations, and Cooley's plans to slow down.

The article discusses the stock selection strategy adopted by Kurt Hause and his partner Paul Violich, founders of the investment management firm Wentworth, Hauser & Violich. Topics discussed include the amount of individual, pension and endowment accounts being managed by the company as of October 1979, the advantages of the valuation analysis developed by investor Benjamin Graham, and the plan of the partners to raise the stock component of their investment portfolios from 60% to 75%.