World Library  
Flag as Inappropriate
Email this Article

William J. Ruane

William J. Ruane
Born October 24, 1925
Chicago, Illinois, U.S.
Died October 4, 2005(2005-10-04) (aged 79)
New York City, New York, U.S.
Education University of Minnesota, Harvard Business School
Occupation Investment management
Employer Ruane, Cunniff, and Goldfarb
Known for Manager of Sequoia Fund

William J. Ruane (October 24, 1925 – October 4, 2005) was an American businessman, investor, and philanthropist.

Ruane graduated from the University of Minnesota in 1945 with a degree in electrical engineering and from Harvard Business School in 1949. He enlisted in the U.S. Navy and was on his way to Japan when World War II ended. He met Warren Buffett at an investment seminar with value investing guru Benjamin Graham and he and Buffett became lifelong friends. Buffett advised associates to invest with Ruane after he had closed out his initial partnership as they both employed Graham's value investing techniques.[1]

Ruane founded his own investment firm, Ruane Cunniff, with partner Rick Cunniff in 1970, and the same year they launched their flagship Sequoia Fund. Ruane's firm was renamed Ruane, Cunniff, and Goldfarb in 2004, when Robert Goldfarb became president. In 2008, the Sequoia Fund announced it would open its fund to new investors for the first time since 1982.

In 1992 he adopted a block in Harlem, committed to make it a better place, renovating buildings and establishing clinics and community service programs. Ruane gave every child on the block a scholarship to a Catholic school. He also funded programs at public schools and schools on Indian reservations, and contributed to mental health causes.


  • Death 1
  • See also 2
  • References 3
  • External links 4


He died at Memorial Sloan-Kettering Cancer Center in Manhattan, aged 79 (several weeks before his 80th birthday). He was survived by his wife, Joy, and their four children: Billy (1957-2010; a music promoter), Elizabeth, Thomas and Paige Ruane.

See also


  1. ^ Hagstrom, Jr., Robert G. (1994). The Warren Buffett Way. John Wiley & Sons, Inc. p. 4.  

External links

  • The Washington PostObituary in
  • Storied Sequoia Fund to reopen

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.