One Way Up Wall Street: The Fred Alger Story

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9780967012803: One Way Up Wall Street: The Fred Alger Story
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Biography and family history of legendary money manager, Fred Alger, and the story of how he built his uniquely successful investment and mutual fund companies on Wall Street.

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One Way Up Wall Street describes how, in a singular and spectacular fashion, one of the brightest minds in the investment business built one of the most dynamic financial services enterprises in America today.

The road to Fred Alger's success is as unique as the man who first strutted his way to prominence by pioneering an aggressive style of money management in the sixties. Since then, both he and his company have dazzled and confounded the financial world with their ability to shape its ideas and influence the course of events.

As a corporate history, this book provides a lively account of how the company evolved on the strength of Fred's character and survived by engaging in rigorous management discipline, strong capital formation, daring investment strategies and innovative commercial ventures. It introduces the reader to a host of prominent personalities who built and sustained the company and contributed to its prosperity. And it explains, clearly and persuasively, the growth-stock philosophy and proprietary research that have yielded the firm's superior and lasting performance record for mutual-fund and institutional investors which has spearheaded its corporate expansion over three decades and two continents.

Most importantly this book is about the complex character of Fred Alger. It demonstrates his individualism, intense competitiveness and perseverance, and recounts in gripping detail the personal triumphs, challenges and conflicts on his way to fame and fortune. Fred's story marks a proud moment in a rich family heritage whose contribution to America's political and financial history dates back to the Civil War. This background vividly emerges as the seminal inspiration for Fred's development as a financial entrepreneur. Not only does it give him the will to invent creative business solutions, but it provides the impetus to fulfill the mission to renew the wealth and importance of his family name.

About the Author:

Dilip Kumar Mirchandani is a freelance journalist who also produces marketing and corporate information. Previous book assignments include The Pitch Formula for Success, about a life insurance agency and its people and stories in Superbook, a children's anthology. Dilip earned his degrees from Stanford and Columbia and is experienced in business, technology and the media.

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Mirchandani, Dilip K.
Published by F.A. Management (1999)
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