The Rise of Mutual Funds

An Insider's View

Ranked #11 in Mutual Funds

In 1940 few Americans had heard of mutual funds. Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in assets. New and updated to reflect the crash of 2008, Matthew Fink's latest book, The Rise of Mutual Funds: An Insider's View, Second Edition describes the developments that have produced mutual funds' long history of success. Among these developments are:

* formation of the first mutual funds in the roaring 20s
* how the 1929 stock market crash, a disaster for most...

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