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Up and to the Right : The Story of John W. Dobson and Formula Growth Second Edition

Available Formats:

  • Publisher:
    McGill-Queen's University Press, 2020
    Note: This book was purchased with support from the Government of Canada's Social Development Partnerships Program - Disability Component.

Details:

  • Author: Toomey, Craig
    Date:
    Created
    2020
    Summary:

    In 1960, Montreal stock broker John Dobson launched an informal investment club with a close group of friends and associates, including future prime minister John Turner. His Formula Growth Fund would go on to become one of North America's most successful investment funds, consistently outperforming the Dow Jones Industrial Average and attracting the likes of legendary investor Sir John Templeton. Up and to the Right tells the story behind John Dobson's investment success as well as his many contributions to entrepreneurial education. Craig Toomey provides valuable insight into Dobson's unconventional but disciplined investment approach, his uncanny ability to predict winning stocks, and his unwavering faith in the market despite its many ups and downs. Coinciding with the sixtieth anniversary of the Formula Growth Fund, this revised edition brings the company's story up to 2019, presenting new material and case studies and describing recent developments, including how Formula Growth tripled its assets under management to $1.5 billion through the launch of a successful hedge fund platform and expansion into Asia. Based on interviews with Dobson as well as with dozens of members of his extensive network of friends, colleagues, and investment professionals, Up and to the Right is a fascinating story about a great Canadian who believed deeply in self-reliance and free enterprise as well as the value of friendship, pursuing one's passions, and working for the greater good.

    Original Publisher: Montreal, McGill-Queen's University Press
    Language(s): English