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T. Rowe Price: The Man, the Company, and the Investment Philosophy
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T. Rowe Price: The Man, the Company, and the Investment Philosophy Hardcover -

by Cornelius C. Bond


From the publisher

T. Rowe Price, the Sage of Baltimore

In 1937, Thomas Rowe Price, Jr. founded an investment company in Baltimore that would become one of the most successful in the world. Today, The T. Rowe Price Group manages over one trillion dollars and services clients around the world. It is among the largest investment firms focused on managing mutual funds and pension accounts. Uniquely trusted and respected, the firm is considered the "gold standard" by many investment advisors.

In this book, Cornelius Bond tells the full story, for the first time, of how Price, a modest and ethical man, built the company bearing his name. From the private, unpublished personal and corporate records, you will get direct access to the creative process behind Price's highly successful approach to investing.

  • Personal insights based on Price's own writings and the personal experience of the author who worked with him for many years.
  • The Growth Stock philosophy as described in the words of the creator and master of this approach.
  • Two fund managers who worked closely with Mr. Price reunite to consider the investment environment of the next five to ten years as Price himself might have viewed it.

This book will give you an insider's access to the true story of Thomas Rowe Price, Jr.

From the rear cover

Thomas Rowe Price, Jr., is a legend in the investment world. Even those who are not familiar with his personal history know that the company he built, T. Rowe Price, is still among the top-performing and best respected investment firms in the world. How did Price, a modest man who adhered to a strict code of ethics throughout his life, manage to build such a financial powerhouse? The astonishing story comes to light for the first time in T. Rowe Price: The Man, The Company, and The Investment Philosophy.

Author Cornelius C. Bond joined T. Rowe Price as a technology analyst and worked closely with Price for nearly ten years. This privileged position gave him a unique view into the mind of the man whose Growth Stock Philosophy has generated above-average gains for investors for years. In T. Rowe Price, Bond draws on his personal relationship with Price, as well as on dozens of unpublished corporate and personal documents and writings, to tell the story of how growth investing took the investment world by storm--and how an average investor can benefit from this investment strategy today.

In this book, readers will discover the central principles of Price's Growth Stock Philosophy. Although Mr. Price was not secretive about his investment strategy, the simple principles he followed have never been presented in a comprehensive way, as they are here. Individual and institutional investment portfolios alike will benefit from this glimpse into the basic tenets of Price's investment strategy. This strategy became the foundation of legendary, unparalleled fund performance at T. Rowe Price--a level of performance that has stood the test of time, despite the rapid change of investment styles.

From the jacket flap

Thomas Rowe Price, Jr., is a legend in the investment world. Even those who are not familiar with his personal history know that the company he built, T. Rowe Price, is still among the top-performing and best respected investment firms in the world. How did Price, a modest man who adhered to a strict code of ethics throughout his life, manage to build such a financial powerhouse? The astonishing story comes to light for the first time in T. Rowe Price: The Man, The Company, and The Investment Philosophy.

Author Cornelius C. Bond joined T. Rowe Price as a technology analyst and worked closely with Price for nearly ten years. This privileged position gave him a unique view into the mind of the man whose Growth Stock Philosophy has generated above-average gains for investors for years. In T. Rowe Price, Bond draws on his personal relationship with Price, as well as on dozens of unpublished corporate and personal documents and writings, to tell the story of how growth investing took the investment world by storm--and how an average investor can benefit from this investment strategy today.

In this book, readers will discover the central principles of Price's Growth Stock Philosophy. Although Mr. Price was not secretive about his investment strategy, the simple principles he followed have never been presented in a comprehensive way, as they are here. Individual and institutional investment portfolios alike will benefit from this glimpse into the basic tenets of Price's investment strategy. This strategy became the foundation of legendary, unparalleled fund performance at T. Rowe Price--a level of performance that has stood the test of time, despite the rapid change of investment styles.

Details

  • Title T. Rowe Price: The Man, the Company, and the Investment Philosophy
  • Author Cornelius C. Bond
  • Binding Hardcover
  • Pages 272
  • Volumes 1
  • Language ENG
  • Publisher Wiley
  • Illustrated Yes
  • Features Bibliography, Illustrated, Index
  • ISBN 9781119531265 / 1119531268
  • Weight 1.45 lbs (0.66 kg)
  • Dimensions 9.1 x 6 x 1 in (23.11 x 15.24 x 2.54 cm)
  • Library of Congress subjects Investment advisors - United States, Finance - United States - History
  • Library of Congress Catalog Number 2018061632
  • Dewey Decimal Code B

About the author

CORNELIUS C. BOND joined T. Rowe Price as a technology analyst, rising quickly to become a member of the Investment Committee and an officer of the New Horizons Fund, which became the best performing mutual fund in the country. He spent almost ten years working directly with Thomas Rowe Price, Jr., and later became president of the T. Rowe Price Growth Stock Fund. He left to become the fourth general partner of New Enterprise Associates, which today is one of the largest venture capital firms in the country. Bond lives with his wife, Ann, and his standard poodle, Price, in San Francisco.

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