Jonathan Bell Lovelace
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|Jonathan Bell Lovelace|
|Children||Jon B. Lovelace, Jr. (1927-2011)|
Jonathan Bell Lovelace (1895–1979) was the founder of Capital Group Companies.
Lovelace spent most of the 1920s at a Detroit banking/brokerage firm, developing his investment research techniques and earning impressive results. In 1924, he became a partner in E.C. MacCrone. By 1929, before the stock market crash, he could see no logical relationship between stock market prices and their underlying values, so he sold his interest in the firm, took his investments out of the market and moved to California.
Lovelace founded Capital Research and Management Company in 1931 which was at first a small firm named Lovelace, Dennis and Renfrew.
He died in 1979.
- "Alumni Accomplishments". The Hotchkiss School. 2004. Archived from the original on March 10, 2015. Retrieved March 8, 2015.
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