General Investing >> Money Manager Interviews >> September 1, 1997
THOMAS J. COYNE heads Thomas J. Coyne & Associates, Inc. (TJC), an
international money management and financial consulting firm, having
private foundations as clients. The firm serves as Trustee for about
one-half of its clients. On the money management side of its business,
TJC handles the buy, sell, hold decisions while placing all monies for
which it is responsible in the hands of a commercial bank(s) which
serves as custodial agent. TJC is an experienced and successful
negotiator so the firm does business valuations and acquisitions as
well. Marshall University awarded his BBA degree in Accounting; Kent
State University added his MBA in Management; and, his Ph.D. in
Economics was conferred by Case Western Reserve University. He has
served on the faculty of all three universities. Coyne's post-doctoral
work was completed at the University of Chicago (Monetary Theory, and
Price Theory), and the University of Michigan (Computers). Coyne has
taught MBA students as a full-time, tenured professor for the past 30
years, with his most recent 14 years being spent as professor of finance
at a private university in Cleveland, Ohio, USA. TJC's research and
articles have been published in numerous professional journals. He has
appeared regularly on radio and television talk shows where he shares
with the public his views on current economic affairs, and his
predictions of interest rates and other future developments. He
addresses groups of all types, drawing on his extensive education and
business experience to present his topics clearly. His cut to the quick
style allows him to answer questions directly, and correctly. His most
recent publications have concentrated on returns to real estate and
bonds, relative to returns available to common stocks. He is very much
interested in financial returns over the course of the normal business
cycle, instead of concerning himself with annual returns. He is an
investor, not a trader; thus, stock brokers often wring their hands at
his buy-and-hold strategies. He keeps brokerage fees and other
transactions costs to a minimum for each of his clients. Moreover, the
money of each client is handled individually. There is no co-mingling of
client funds. One of his books "Readings in Managerial Economics" is in
its Fifth Edition and has been adopted as a text by more than 200
colleges and universities in the USA, Canada, Europe and the Middle
East. Tom is comfortable in working with Boards of Directors/Trustees
and is seeking additional monies for he and his firm to manage. He would
like to emerge soon as Executive Director, or similar, for a large
public or private foundation. Having recently resigned his position as
professor of finance, his energies now are devoted full time to his clients
through his consulting company. Dr. Coyne's knowledge and interests are
vast; his growth constant; his calm confidence assured and assuring. Profile
profile of your firm?
Dr. Coyne: Of course, but allow me to state at the outset: "Capitalism
works! Socialism
