Capital Group's founder JBL's "somewhat heretical view at the time was you should actually know something about the companies in which you're investing," Rob Lovelace says. "It was always based on research. This was our comparative advantage. This is in our DNA."
https://www.bloomberg.com/news/features/2019-05-14/the-1-9-trillion-fund-giant-with-a-crazy-idea-about-investing
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