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Baltimore Man Demonstrates Growth Stock Investing
T Rowe Price of Baltimore built a long term record in growth stock investing, turning $100 in 1934 into $1 274.20 on paper with gains from dividends and price appreciation. He emphasizes patient holding, earnings growth, and adapting portfolios to trends, arguing one need not forecast market trends to succeed. Price seeks steady wealth via a Growth Stock Theory and warns on taxes and inflation while noting shifts in sectors and gold exposure. He published a private booklet outlining his approach for friends and financial insiders.
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New York
T. Rowe Price
Baltimore
Price
Michael Lipper