Paul McCulley & Bill Miller on Consuelo Mack WealthTrack Part I
Presented by Paul McCulley, Bill Miller, CFA and Consuelo Mack
April 6, 2012 - Paris, France
Speaker / Author
Paul McCulley is chairman of the Global Society of Fellows of the Global Interdependence Center (GIC). The Society, founded in late 2010, had its inaugural event at the Bank of France in March 2012: Re-Examining Central Bank Orthodoxy for Un-Orthodox Times.
Prior to endowing the Society and becoming its first chair, Paul was a senior partner at PIMCO, the world’s premier fixed income investment advisory firm, where he was a member of the investment committee, manager of multi-billion dollar portfolios and founding author of the research publication, “Global Central Bank Focus.”
A devout Keynesian and interpreter of the work of Hyman Minsky, Paul coined the terms “minsky moment” and “shadow banking system.” While at PIMCO, he appeared regularly in the business media. Paul was also a member of the US Treasury’s Borrowing Advisory Committee (TBAC).
Mr. McCulley earned his B.A. from Grinnell College, Grinnell, Iowa, where he now sits on the Board of Trustees, and his MBA from Columbia University’s Graduate School of Business.
In his retirement from active portfolio management, Paul spends a lot of time fishing and listening to his whiskers grow, while nurturing his family life as a father. He also is an entrepreneur in angel investing opportunities, while pursuing his philanthropic visions as president of the Morgan le Fey Dreams Foundation, which he founded and endowed in 2006.
Bill Miller, CFA
Bill Miller is the Chairman and Chief Investment Officer of Legg Mason Capital Management. He also currently serves as the portfolio manager for the Value Trust and Opportunity Trust mutual funds. Mr. Miller assumed overall responsibility for the equity funds management area of Legg Mason in late 1990. Prior to this time, he co-managed (with Ernie Kiehne) the Legg Mason Capital Management Value Trust from its inception in 1982. He was the director of research of Legg Mason from October 1981 through June 1985. He earned his economics degree from Washington and Lee University where he graduated with honors in 1972. Subsequent to graduation, he served as a military intelligence officer overseas and then pursued graduate studies in philosophy in the Ph.D. program at The Johns Hopkins University. Prior to joining Legg Mason in 1981, he served as treasurer of the J.E. Baker Company, a major manufacturer of products for the steel and cement industries. Bill received his CFA designation in 1986.
Consuelo Mack has a long and distinguished career in business journalism. In 2005 she struck out on her own to launch her dream program, a weekly half-hour program on public television devoted to helping Americans build and protect their wealth over the long-term. Now in its seventh season, Consuelo Mack WealthTrack has been dubbed the “Cramer Antidote” by the press and Money Magazine name Mack “The Best Money TV Host.” WealthTrack is the only program on television devoted to long-term diversified investing in all of the investments people care about: stocks, bonds, real estate, insurance, art and collectibles.
Before developing WealthTrack Mack spent over a decade at The Wall Street Journal as the Anchor and Managing Editor of its weekly syndicated business program, “The Wall Street Journal Report”. During her tenure it won the Overseas Press Club award, the Gracie award and was nominated for a News and Documentary Emmy award for excellence in background and analysis. Mack’s international experience includes being the Anchor and Editor of “The Asian Wall Street Journal Report,” a weekly business program syndicated throughout Asia, and hosting the 1996 PBS documentary series “Emerging Powers” and the 1994 PBS special “Pacific Rift”.
She is a member of the Economic Club of New York, the Council on Foreign Relations, The Women’s Forum and is a board member of the YMCA of Greater New York.