Markets Magazine
Tisch Beats Buffett With 8% Return Citing Diana Ross on Strategy
This article is for subscribers only.
Loews Corp. Chief Executive Officer James Tisch is the dealmaker who won’t make a deal.
He has almost $50 billion to invest, including premiums from an insurance company his New York-based conglomerate owns. Yet Tisch hasn’t made a big purchase in five years, holding off even during the 2008 and 2009 financial meltdown, when the Standard & Poor’s 500 Index fell more than 50 percent.