DEFINITION of 'James D. Slater'
A renowned investment author in Britain, who wrote a Sunday column in London's The Sunday Telegraph under the pen name "The Capitalist". Slater was also a major figure in corporate takeovers, and eventually turned his investment company into an investment bank. Following this, he established a career in financial writing and as an author of childrens' books. Slater is credited with inventing the price-earnings to earnings-growth ratio.
BREAKING DOWN 'James D. Slater'
Jim Slater was born in 1939 and began his career as an accountant. He spent 10 years in corporate finance before founding his own investment company in 1964. He began making corporate takeovers at that point, transforming Slater Walker Securities into a large financial conglomerate, but was eventually bankrupted during the '73-'74 recession in the U.K.