The Wall Street Transcript
The Wall Street Transcript is a paid subscription publication and Web site that publishes bi-weekly industry reports that feature equity analyst, money manager and CEO interviews. Reports typically cover two to three industries and express money managers' and analysts' views on each of the various industry sectors, as well as interviews with CEOs whose companies operate within the covered industries.
| Type | Private Corporation |
|---|---|
| Headquarters |
622 Third Avenue 34th Floor New York, NY 10017 |
| Website | www.twst.com |
In publication since 1963, The Wall Street Transcript has interviewed the CEOs and senior executives of public companies, Money Managers handling billions of dollars of assets, and Equity Analysts from leading investment banks around the world and publishing these interviews verbatim. The Wall Street Transcript does not endorse the views of those interviewed, nor does it make stock recommendations.[1] The Wall Street Transcript highlights micro-cap and small-cap stocks that may go overlooked by many investors, while its CEO interviews often offer valuable commentary to investors in larger-cap stocks as well.[2]
Seeking Alpha, a free provider of financial and stock analysis from blogs, newsletters and money managers, publishes excerpts of Wall Street Transcript reports on its Web site.
Notable CEOs who have interviewed with The Wall Street Transcript include William P. Lauder, executive chairman and chairman of The Estee Lauder Companies' board of directors,[3] MGM Mirage Chairman and CEO James J. Murren[4] and John Wareham, CEO of Beckman Coulter.[5]
Analysts and money managers from investment firms such as Goldman Sachs & Co., UBS, Credit Suisse and RBC Capital Markets have also appeared in interviews with The Wall Street Transcript.
Founder
Richard Holman (1923-2000) was the founder, owner and CEO of the Wall Street Transcript from 1963 to 1998. After a brief career in investment banking, Mr. Holman founded the Transcript, believing that investment professionals and casual investors would be willing to pay for information that would help them pick stocks.
From the late 1960s through late 1970s, Mr. Holman was involved in a series of court cases with the S.E.C., focused around whether the Wall Street Transcript published investment news or investment advice. The case ultimately ended in 1978 with S.E.C. v. Wall Street Transcript, in which the publication was determined to be a legitimate news organization and not an investment adviser.
Mr. Holman was born in New York City, son of former New York state assemblyman Abraham Goodman. He graduated from Cornell University and served in the Army during World War II in Japan and the Philippines.