A true Savvy She-Ro Ms. Mellody Hobson was born in Chicago, IL, and is the youngest of six children, raised by a single parent (mother), graduated from St Ignatius College Preparatory in 1987 and attended Princeton University where she received a Bachelor of Arts degree in 1991 from the Woodrow Wilson School of International Relations and Public Policy.
Ms. Hobson started at Ariel Capital Management as an Intern and fell in love with the business, she is now the President, and Ariel is one of the largest African American owned money management and mutual funds companies in the country. The company has over 21 Billion dollars in assets.
Mellody is a nationally recognized voice on financial literacy and investor education. She is a regular contributor on ABC’s Good Morning America in which she has a segment affection ally called “Mellody’s Money Mondays”. She is also a director of three public companies; Dream Works Animation SKG, Inc., The Estee Lauder Companies Inc. and Starbucks Corporation.
Her professional and civic leadership have brought her to the forefront of media attention. In 2004, The Wall Street Journal profiled Ms. Hobson as one of 50 Women to Watch, and TIME magazine identified her as one of 25 business influentials setting the global standards for management, ethics, marketing and innovation. The Ariel Capital Management Company started the Ariel Community Academy; an Inner-city Chicago School that teaches elementary school students how to invest.
Ms. Hobson has numerous tips on how to make, save, invest, budget and spend money. There are six books Mellody says you must have in order to make money; (1) A Random Walk down Wall Street, (2) Buffett: The Making of an American Capitalist, (3) One up on Wall Street, (4) Good to Great: Why some Companies Make the Leap… and Others Don’t, (5) Money Ball and (6) Succeeding Against the Odds. You can find more tips from Mellody at ABCNews.com type in “Mellody’s Tips.”
Mellody is a defender of entrepreneurialism and she thinks it should be for everyone. She believes entereprenurialship can change the gap between the rich and poor. Her aim is to make the “stock market” the subject of every dinner table conversation in the black communities. The stock market represents a major source of wealth creation in this country. A lot of research has been done and concluded that African Americans have been largely left out. Due to many factors such as; lack of knowledge, lack of exposure, and lack of diversity in the industry. She states, “African-American children don't grow up knowing mutual fund managers”. She believes the stock market represents the best performing type of investment, and will continue to do so over the long term.
Ms. Hobson believes you should make the stock market a part of your long-term investment strategy, and that it doesn't take a lot of money. You can invest as little as $50 a month, so don't sit on the sidelines because you think you can't afford it. Think long term of the benefits of compounding, learn to ride the ups and downs of the market, and most of all have patience.
Words to live by… Ms. Mellody Hobson you are one Savvy Sister.
Ms. Hobson started at Ariel Capital Management as an Intern and fell in love with the business, she is now the President, and Ariel is one of the largest African American owned money management and mutual funds companies in the country. The company has over 21 Billion dollars in assets.
Mellody is a nationally recognized voice on financial literacy and investor education. She is a regular contributor on ABC’s Good Morning America in which she has a segment affection ally called “Mellody’s Money Mondays”. She is also a director of three public companies; Dream Works Animation SKG, Inc., The Estee Lauder Companies Inc. and Starbucks Corporation.
Her professional and civic leadership have brought her to the forefront of media attention. In 2004, The Wall Street Journal profiled Ms. Hobson as one of 50 Women to Watch, and TIME magazine identified her as one of 25 business influentials setting the global standards for management, ethics, marketing and innovation. The Ariel Capital Management Company started the Ariel Community Academy; an Inner-city Chicago School that teaches elementary school students how to invest.
Ms. Hobson has numerous tips on how to make, save, invest, budget and spend money. There are six books Mellody says you must have in order to make money; (1) A Random Walk down Wall Street, (2) Buffett: The Making of an American Capitalist, (3) One up on Wall Street, (4) Good to Great: Why some Companies Make the Leap… and Others Don’t, (5) Money Ball and (6) Succeeding Against the Odds. You can find more tips from Mellody at ABCNews.com type in “Mellody’s Tips.”
Mellody is a defender of entrepreneurialism and she thinks it should be for everyone. She believes entereprenurialship can change the gap between the rich and poor. Her aim is to make the “stock market” the subject of every dinner table conversation in the black communities. The stock market represents a major source of wealth creation in this country. A lot of research has been done and concluded that African Americans have been largely left out. Due to many factors such as; lack of knowledge, lack of exposure, and lack of diversity in the industry. She states, “African-American children don't grow up knowing mutual fund managers”. She believes the stock market represents the best performing type of investment, and will continue to do so over the long term.
Ms. Hobson believes you should make the stock market a part of your long-term investment strategy, and that it doesn't take a lot of money. You can invest as little as $50 a month, so don't sit on the sidelines because you think you can't afford it. Think long term of the benefits of compounding, learn to ride the ups and downs of the market, and most of all have patience.
Words to live by… Ms. Mellody Hobson you are one Savvy Sister.
2 comments:
Why is this Savvy Sista in love with a White Man?
10.22.10 Of all the positive things about this woman and the many important questions that you SHOULD be asking, why does the color of her MAN (not woman)even matter? As long as he is good to and for her, and she is the same to him, then girl, go on and love your man. Hopefully you'll be walking down the isle to pure marital bliss soon? I wish you more success and happiness to come. Trust God.
milknhoney
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