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

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

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

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

by Craig Toomey

Hardcover(Second Edition,None)

$34.95 
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Overview

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.

Product Details

ISBN-13: 9780228001812
Publisher: McGill-Queens University Press
Publication date: 04/16/2020
Edition description: Second Edition,None
Pages: 248
Product dimensions: 6.00(w) x 9.00(h) x 1.10(d)

About the Author

Craig Toomey is a freelance writer and translator and former journalist. He lives in Ottawa.

Table of Contents

Acknowledgments v

First Edition Foreword David Johnston, Former Governor General of Canada ix

Preface Randall W. Kelly xi

Photos xviii

1 An Uncommon Man 3

2 A Father's Son 20

3 The "Real World" 34

4 Triumphs and Turmoil 48

5 Rebirth and Renewal 69

6 New Blood 82

7 The Growth Formula 94

8 Case Studies: It's All About Growth (and sometimes value …) 112

9 Formula Growth Hedges Its Bets 165

10 Formula Growth Hedge Fund and Alpha Fund 174

11 A Move into Asia 187

12 Creating Wealth through an Exceptional Team Effort 196

13 A Foe of Excessive Government 205

14 Supporting Entrepreneurship and the Free Enterprise System 214

15 Looking to the Future 248

Epilogue 253

Appendix 1 Formula Growth Fund Annual Performance 256

Appendix 2 Long-term Formula Growth Fund Performance Chart 258

Appendix 3 Vintage of Formula Growth Stocks chronologically over the decades (price at least doubled) 259

Appendix 4 Formula Growth Current and Former Employees 271

Appendix 5 Sample of John Dobson Foundation Support Recipients 274

Appendix 6 Formula Growth 1974 Letter to Unitholders 276

Index 279

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