The Heilbrunn Center for Graham & Dodd Investing
Tom Russo, partner at Gardner Russo Gardner and Heilbrunn Center advisory board member writes "Professor Greenwald’s contributions to me have been both on a one-to-one personal basis and through my time spent with Bruce on the Heilbrunn Center board as a trustee. On a one-to-one personal basis, I have had the enormous pleasure of working closely with Bruce eight years ago when working with the revision to the Sixth Edition of Security Analysis which Professor Greenwald and Seth Klarman co-edited. I had the pleasure to contribute the final chapter, “Globetrotting with Graham and Dodd”, to the book and during the process of which I had the pleasure of witnessing Bruce’s sharp editorial skills at work. Bruce has also deeply influenced my activities during our considerable time we have spent over the years through my involvement with the Heilbrunn Center for value investing which Bruce has long chaired.
In the capacity of the Heilbrunn Center, Bruce expresses the strategic framework through which he attempts to proselytize value investing around the world through his publications and his lectures while at the same time with a tight grip nourishing the specific relationship which Columbia alone possesses with this field of investing through the leadership provided early on by Benjamin Graham, Richard Dodd, Roger Murray, and Bruce Greenwald at the Academy, as well as their chief disciple, Warren Buffett, in the field."
The Heilbrunn Center for Graham & Dodd Investing
Michael Mauboussin, Head of Global Financial Strategies, Credit Suisse and Heilbrunn Center adjunct faculty member writes "Bruce Greenwald is one of the most gifted teachers I have every observed. His clarity of thought and ability to communicate is remarkable. One lesson is that clear exposition follows clear thinking."
The Heilbrunn Center for Graham & Dodd Investing
Peter Lawrence '11, Heilbrunn Center adjunct faculty member writes "I first met Bruce when he spoke to my college investment club on a trip to New York. The lecture, in combination with his books, had a formative influence on my decision to go to Columbia. At Columbia, I learned under him in the Value Investing Program, taking every class he taught, and benefited from the program he had built with Erin and Louisa. Bruce was the founding father of my education at Columbia, which had a transformative impact on my knowledge of investing and launched my career."
The Heilbrunn Center for Graham & Dodd Investing
Damian Creber '16 and Michael Herman '16, Value Investing Program students and CSIMA Co-Presidents write "Bruce’s books have had a very deep impact on our research process – he explains very complex topics in easy to understand terms, and walks through how to apply those concepts in everyday investing. Having a deep understanding of competitive dynamics and industry structure, as he outlines in Competition Demystified, is something we now apply as we work through each new investment opportunity."
The Heilbrunn Center for Graham & Dodd Investing
William Simon of William E. Simon & Sons, LLC writes "Bruce’s perspective has been an enormous help in developing my undergraduate classes on value investing at UCLA. I learn something new from Bruce every time we speak, and am very grateful to him for so generously sharing his expertise with me. With the benefit of his good counsel, our program is moving from strength to strength, and recently received the highest student ratings of any undergraduate class in the economics department."
The Heilbrunn Center for Graham & Dodd Investing
Rob Buesing '16, Value Investing Program student and Bruce's teaching assistant, writes "Bruce is an extremely compelling lecturer. He is relentless is his pursuit of peeling away the fluff to understand the core of the issue at hand. Bruce has taught me many things, but above all, he has demonstrated the power of authenticity—a power which he demonstrates in his own career, every day. Bruce has an enormous number of relationships with the most famous investors. These relationships have been cultivated over many years, and they are based on a mutual respect, but not deference—in fact, I’m pretty sure Bruce wouldn’t hesitate to call Warren Buffett himself a bonehead if Bruce thought Warren was doing something out of his circle of competence. This willingness to call it as he sees it, no matter what, is one key reason why Bruce has been such a legend in this industry… Bruce is willing to share his opinions with conviction no matter the popular consensus is. I hope one day to be as confident in anything as Bruce is in everything!"