T. Rowe Price
The man, the company, and
the investment philosophy
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From the private, unpublished personal and corporate records, you will get direct access to the creative process behind Price’s highly successful approach to investing.
“They come and they go – with brief torrents of publicity and a moment or two of glory on the Lipper sheets. But few money managers, very few, stand the test of time.
One of the handful that has is the Sage of Baltimore, 77-year-old T. Rowe Price, Jr.”
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 From the private, unpublished personal and corporate records, you will get direct access to the creative process behind Price’s highly successful approach to investing.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.
Reviews
“A fascinating biography of an ethical man which both reveals the individual and explores his Growth Stock philosophy. This book sheds light on one of the most successful investment gurus of the twentieth century. The description of his background, the growth of his company to a major entity in the industry, and his investment philosophy are a must read for both fans of biography and investors. The author draws on his own experience at the firm to enrich the details of this story.”
“For those who care about the investment world and its superstars, I highly recommend this thorough and interesting book on Mr. T. Rowe Price—a quiet giant of an investor and the creator of an enduring investment legacy.”
“T Rowe Price was one of the great investment pioneers. He created three different kinds of innovative investing that have been successfully brought to life by the great firm that bears his name and continues to be admired by its competitors and clients as one of the world’s finest investment organizations. Mr. Price was never easy and successful investing is never easy. Neil Bond offers every reader a clearly written introduction and insight into both the man and the firm.”
“T. Rowe Price was one of the great innovators of the investment management business. He was the first to recognize the potential of growth stock investing and he built an enormously successful firm around that concept. Neil Bond takes you through the development of his investment approach and the evolution of his company. Readers will learn much about stock picking and managing a business from this readable book.”