#12 Charlie Allen: Merchant Banking 101

31/10/2024 57 min

Listen "#12 Charlie Allen: Merchant Banking 101"

Episode Synopsis

Show Notes:
The Allen & Co story hasn't been fully told yet - until now. To understand this secretive merchant bank, we need to start with its founder Charlie Allen. In this episode, we'll explore how Charlie Allen built Allen & Co and uncover the key moves that made the merchant bank so successful in the mid-1900s, setting the stage for his nephew Herb Jr to take the reins and transform it into what it is today.
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Sources:

​The Art of Success by The editors of Fortune Magazine
Get Smarter: Life and Business Lessons by Seymour Schulich
​The Financiers: The World of Great Wall Street Investment Banking Houses by Michael C. Jensen
​The Merchant Bankers by Joseph Wechsberg
​Money, Money, Money: Wall Street in words and pictures by Ralph G. Martin
​Transforming the Irvine Ranch by Michael Stockstill
​"A. Alfred Taubman papers, 1942-2015" University of Michigan Library
​"Border Raid" by Time Magazine 1950
​"Colorado Contortion" by Forbes Magazine 1953
​"Company with a Split Personality" by Forbes Magazine 1973
​"GOP Stronghold" by LA Times 1973
​"Inside the Private World of Allen & Co. Putting a premium on personal ties, this family firm thrives in the land of the giants" by Carol J Loomis
​"Opportunity, Inc" by Time Magazine 1948
​"Plain Abe of Northtown" Is Transforming District" by The Kansas City Star 1948
​"Pride of Pueblo" by Time Magazine 1948
​"Charlie's Profit Instinct" by Time Magazine 1963
​"Sidelights; Situation Found: Harold Allen" by NY Times 1965
​"So I lost, So What?" by Forbes Magazine 1969
​"Titanic Windfall" by Forbes Magazine 1958
​"Too Soon, Charlie Allen?" by Forbes Magazine 1975
​"Trucker Loses Action to Force Sale of Land" by LA Times 1962
​"Tustin Continues Growth" by The Tustin News 1966
​"Wall Street's Charlie Allen and His Family of Financiers" by NY Times 1976
​"Winning of the Irvine Co." by LA Times 1977

Links:
John Scully Arbuckle Speech: https://www.gsb.stanford.edu/experience/news-history/ernest-c-arbuckle-award-acceptance-speech-john-h-scully-mba-68
Paul Enright Analyst Presentation: https://becomeaninvestor.org/career-advice
Donald Bren Episode: https://podcasts.apple.com/us/podcast/6-donald-bren-blueprint-billionaire/id1726030978?i=1000647523005
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