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Geraldine Weiss dies at age 96; Paved a trail for women in investing

In “The Dividend Connection: How Dividends Create Value in the Stock Market,” the 1995 book, she co-authored with her son Gregory, Mrs. Weiss, explained that earnings can be “hidden or hidden behind vague accounting concepts such as cash flow, depreciation or inventory.” reserves ”and distorted by taxes.

“A wise accountant,” she argued, “can make earnings seem good or not so good,” and companies that buy back their shares instead of paying dividends often pay too much for them.

The newsletter’s record from the start in 1966 and the continuation of Mrs Weiss’s method of recommendations after her retirement was not flashy, but it was consistently rewarding. It yielded an average annual stock market gain of 11.8 percent from 1986 to early 2022, including economic downturns, according to Mark J. Hulbert, founder of The Hulbert Financial Digest, a newsletter rating service, compared to an 11 percent gain, including dividends. , for the Wilshire 5000 Total Market Index, the broadest measure of the US stock market.

Once a year, the service compiles a list of favorite stocks, which it names its Lucky 13. “It’s a method that works, has proven that it has endurance and is simple,” said Mr. Hulbert and added that the still popular newsletter has one of the longest employment relationships in the industry. “They make more money in the market with less risk,” he said.

Geraldine Sylvia Schmulowitz, known as Gerry, was born in San Francisco on March 16, 1926. Her father, Alvin, was a real estate agent; her mother, Sylvia, was a homemaker. Her father changed the family surname to Small after Geraldine faced anti-Semitism at school. “It was a big change in my life,” she said.

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