Forbes wrote in 1975, "They come and they go--with torrents of publicity and a moment or two 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 in Baltimore what would become onoe of the most successful money managers in the world. Today the T. Rowe Price Group manages over one trillion dollars, servcies clients around the world, and is among the largest investment firms focused on mutual funds and pension accounts. Uniquely trusted and respected, the firm is consdier the "gold standard" among investment advisors.In this book, Cornelius Bond tells the full story of how Price, a modest and ethical man, builit the company bearing his name, for the first time. From previously private and unpublished personal and corporate records, the reader gains direct access to the creative process behind Price’s phenomenally successful approach to investing."With an intuitive, uncanny grasp of coming trends in the economy and investment markets, Price was always ahead of other investors. In the midst of the Great Depression he created the Growth Stock Philosophy of investing and first described it in Barron’s in 1939. Investors paid little attention. When his first public mutal fund, the T. Rowe Price Growth Stock Fund was established in 1950 and then had the best ten-year record of any mutual fund in the country, the world took notice. When this amazing record was repeated with his second mutual fund, the New Horizons Fund, investors flocked to his door step.The Growth Stock philosophy, based on common sense principles, is outlined in his own words by the master, so the average investor can utilize his wisdom to produce outstanding results for their own portfolios. Bond has also reunited several portfolio managers to look into the investment environment over the next five to ten years as Price might visualize it. They base their forecast on Price’ voluminous writings and the author’s collective years working with him.The firm continues to generae outstanding performance for its clients. In 2016 ninety-four percent of its U.S. equity accounts outperformed their Lipper averages. Price’s origoinal investment dicta are still followed, focusing on management, careful in-depth research, and investment over the long-term.

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