Investment-management

i found that book is very useful for me. it contains most important things about banking. and i need it.

What a great story! Capital Group has one of the most amazing long-term performances and is one of the most unique organizations in the industry! But this book just stinks. I can barely believe the Charlie Ellis wrote this. It's completely disjointed. There's no structure at all. It's like they just published his notes. He skips across generations within a single paragraph. He contradicts himself. About 150 of the 300 pages is fluff and adds nothing to the story. About 1/3 of EVERY page is footnotes that add nothing. He references chapters within the same chapter. It's just terrible. It's obvious the publisher was just in a hurry to get the book out to make a buck off the mutual fund scandal before the hype died off. How ironic that Capital Group takes a long term approach, launching new funds against the tide, while the people at Wiley (by launching this book before it was ready) have shown themselves to be a bunch of short-sighted money grubbers.

I read this book on the advice of my investment advisor. The first half was tedious but the second half was packed with valuable information about a great company. This is stuff that I can use in my own business, and I don't regret the time that it took to wade through the early chapters.

In Capital: The Story of Long-Term Investment Excellence, Charles Ellis takes you inside this elite investment firm and shows you the people, practices, concepts, and values that have brought this company consistent success

Don't waste your time and money on buying this book. It's too easy, too simple and nothing is there that you have not known. Completely waste of money.