Details

Beating the Odds

Eddie Brown's Investing and Life Strategies
1. Aufl.

von: Eddie Brown, Blair S. Walker
18,99 €
Verlag:	Wiley
Format:	PDF
Veröffentl.:	16.03.2011
ISBN/EAN:	9781118061305
Sprache:	englisch
Anzahl Seiten:	208

In den Warenkorb

Als Gutschein

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

Titelbeschreibung

Beating the Odds is the improbable, inspiring autobiography of financial guru Eddie C. Brown, one of the nation's top stock pickers and money managers. It details how Brown skillfully kept Brown Capital Management afloat through the dot-com bust, 9/11 and the Great Recession. Born to a 13-year-old unwed mother in the rural South, this African-American investment whiz created a Baltimore-based financial firm that amassed more than $6 Billion under management. Brown delves into the profound heartbreak and disorientation upon the death of his beloved grandmother – who was his surrogate mother -- and recounts how Brown's moonshine-running Uncle Jake subsequently became the dominant adult figure in Brown's life. His unflinchingly honest, easy-to-read memoir details how intellectual curiosity, abiding self-belief, hard work and divine providence helped Brown earn an electrical engineering degree, become an Army officer, and later a civilian IBM engineer. Readers will learn of the strife that ensued when Brown quit IBM to earn an MBA, leading to investment jobs that prepared him to start his own money management company in 1983.

Inhaltsverzeichnis

Prologue xi Chapter 1 Who Says Talk Is Cheap? 1 Chapter 2 The Big Three to the Rescue 7 Chapter 3 The Prince of Apopka 13 Chapter 4 Death and a Kidnapping 23 Chapter 5 Magnificent, Mysterious Lady B. 33 Chapter 6 Engineering a New Existence 43 Chapter 7 Europe on Five Dollars a Day 51 Chapter 8 “Ed, We’re Already Doing Okay!” 57 Chapter 9 A Famished Lion in a Butcher Shop 69 Chapter 10 The Height of Duplicity and Betrayal? 79 Chapter 11 A Window on the Top 1 Percent 91 Chapter 12 Pulling the Trigger on Investments 105 Chapter 13 Swimming with Sharks 121 Chapter 14 Aren’t You That Financial Guy From TV? 131 Chapter 15 Walking a Racial Tightrope 141 Chapter 16 “Go For It, Dad!” 145 Chapter 17 Everyone’s Medical Nightmare 155 Chapter 18 My Biggest Business Mistake 163 Chapter 19 A Horror Movie without Sound 171 Chapter 20 The Art and Science of Stock Picking 177 Chapter 21 “God, I Owe You One!” 181 Chapter 22 Impressive Progress, Baffling Lethargy 185 Chapter 23 To Heir Is Human 191 Chapter 24 Anyone Care for a Can of New Coke? 197 Epilogue 203 Index 205

Autorenportrait

EDDIE C. BROWN is founder and President of Brown Capital Management, a Baltimore-based financial services firm that has amassed more than $6 billion under management and is one of the country's oldest African-American-owned investment firms. BLAIR S. WALKER is a former USA Today financial journalist who's an acclaimed novelist, as well as the writer behind Wiley's bestselling Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire.

Back cover copy

BEATING the ODDS Eddie Brown's Investing and Life Strategies Eddie Brown was born with an exceptional mind, into a loving and supportive family. From an early age, his doting caregivers instilled in him a love of learning, a spirit of self-reliance, the drive to excel at whatever he turned his hand to, and the self-confidence to back it up. Except for the fact that he was born poor and black to an unwed mother—who was, at thirteen, a child herself—in the rural South during the Jim Crowera, Eddie Brown had everything a baby starting out in life could ever want. As heirs to three centuries of institutionalized racism, segregation, and poverty, the best most African-American children born in 1940 could look forward to was a few decades of sub-standard wages for performing backbreaking labor, and a significantly shorter than average life expectancy. Yet Eddie Brown has achieved more in his seventy years than most people dare dream of. In this unforgettable memoir, Eddie tells how he beat the overwhelming odds stacked against him to become one of the nation's most revered financial superstars. A story with as many surprising turns as a Dickens novel, Beating the Odds recounts in vivid detail how a twelve-year-old moonshine runner, plying the back roads of Central Florida in a souped-up Ford pickup, went on to become an electrical engineer and highly regarded IBM technocrat, a vice president and star portfolio manager with T. Rowe Price, a media celebrity, and finally head of Brown Capital Management, one of the most successful financial services firms in the United States. You'll learn how after leaving T. Rowe Price in 1983, Brown began his company out of a home office, and how over the next two decades he built it into a financial giant that has amassed more than $6 billion.You'll also discover the source of Eddie Brown's uncanny ability to spot growth stocks well in advance of the markets, and the development of GARP (growth at a reasonable price), the guiding investment philosophy behind Brown Capital Management. Among the fascinating cast of characters you'll meet in Beating the Odds are Eddie's beloved grandmother, Mamie Magdalene Brown, whose unwavering belief in her grandson's potential for greatness gave him the confidence to do great things. There's Ed's charismatic Uncle Jake, a natural-born entrepreneur with his hand in everything from moonshining to migrant-labor contracting, who taught the young Eddie Carl the value of personal initiative and imbued him with a dogged desire to become the master of his own financial destiny. And there's the colorful financial commentator Louis Rukeyser, on whose show, Wall $treet Week, Eddie rose to prominence as the country's first African-American financial celebrity. The remarkable true story of how one man overcame poverty to attain the pinnacle of business success, Beating the Odds is inspiring reading not just for business readers, but for everyone who believes that a person's ambition should always be as big as his or her dreams.