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The Money Flood: How Pension Funds Revolutionized Investing,Used
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Praise for Michael J. Clowes and the money flood'What a fine book! As an active participant in the revolution in pension investing, I could almost feel the times and tides of the past halfcentury shifting beneath me. Mike Clowes's splendid and articulate tour through the era is destined to become a landmark on the bookshelves of everyone interested in this illuminating history of the past, as well as its portents of the future.'John C. Bogle, founder, The Vanguard Group'The corporate pension fund ranks high among the spectacular financial innovations of the twentieth century. Mike Clowes has built a fascinating story about the impact of this flood of money on the theory and practice of investing, the financial markets, the labor force, corporate management, and the general economy. The farreaching consequences of these changes make this authoritative and lively book mustreading for everyone.'Peter L. Bernstein, President, Peter L. Bernstein, Inc., author, Against the Gods: The Remarkable Story of Risk'The definitive history of the rise of pension fund capitalism in America.'Keith Ambachtsheer, President, KPA Advisory, author, Pension Fund Excellence: Creating Value for Shareholders'Beautifully written, broad in coverage of all the best parts of a great American story, Mike Clowes's new book gives us an easytoread and easytoenjoy explanation of who did what and when in the investment revolution of the past halfcentury.'Charles D. Ellis, Partner, Greenwich Associates, author, The Investor's Anthology: Original Ideas from the Industry's Greatest Minds
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This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.