Eddie C. Brown

Eddie Brown
Brown in July 2011
Born	1940 (age 83–84) Apopka, Florida, U.S.
Education	Howard University (BS) Indiana University (MBA)

Eddie Carl Brown (born November 26, 1940) is an American

When Brown was six, his entrepreneurial Uncle Jake taught him how to drive a flatbed truck, enabling fruit pickers to load boxes of oranges, grapefruit, and tangerines in Apopka’s citrus groves. Jake also ran a thriving moonshine enterprise in central Florida and under his tutelage, Brown was piloting hotrods filled with white lightning by the time he was 11.

A disapproving relative quietly contacted Brown’s mother, who snatched her son out of Apopka and relocated him to Allentown, Pennsylvania. Brown attended an integrated high school in Allentown, where he continued to be a top academic performer. He graduated with honors from Allentown High School, one of five African Americans out of a class of 760 students.

Brown had no realistic prospect of attending college until a white woman who owned a casket-making business in Allentown offered to subsidize his higher education. Brown never met his benefactor, whose offer was made through a proxy. One of his lifelong regrets is never having thanked her face-to-face.^[1] Brown has a passionate interest in philanthropy. His benefactor’s largesse allowed Brown to earn a B.S. in electrical engineering in 1961 from Howard University in Washington, D.C.

Career

After graduating from Howard University, Brown worked for a few months with defense contractor

In 1973, Brown moved to Baltimore to take a position as a portfolio manager with investment firm T. Rowe Price. A decade later, Brown left to start Brown Capital Management, which initially operated out of his suburban Baltimore home. A valuation-conscious investor, Brown put his company's focus on stocks offering growth-at-a-reasonable-price, or GARP.^{[citation needed]} Brown Capital Management caters to high-net-worth individuals, pension and profit sharing plans, charitable organizations and corporations.^[4]

In the early years of Brown Capital Management, Brown’s ability to attract investors received a welcome boost when he became a regular panelist on the

Brown Capital Management celebrated its 30th year in business in 2013, occupies a three-story building at 1201 North Calvert Street in downtown Baltimore and has 37 employees.[3]

Recognition

Brown has received an impressive number of awards and

The founder of Brown Capital Management was also recognized in

Brown and his wife, C. Sylvia Brown, were jointly awarded Honorary Doctor of Humane Letters degrees from Johns Hopkins University on May 23, 2013. The degrees were bestowed during the University's Commencement ceremony in Baltimore.^[8]

Politics

Brown has been a stalwart supporter of Democratic Party politicians and policies over the years, to include the 2008 presidential campaign of Barack Obama.^[9]

Philanthropy

Brown and his wife Sylvia have faithfully backed causes that improve inner-city Baltimore paradigms, usually through an association with health care, education, or the arts. The Browns’ contributions are typically funneled through the Eddie C. and C. Sylvia Brown Family Foundation. One beneficiary has been the Turning the Corner Achievement Program (TCAP), which focuses on attaining improved educational and social outcomes for

inner-city Baltimore youths. The Browns’ foundation has committed $5 million to TCAP since 2002.^[2]

Books and articles

Brown's 240-page autobiography, Beating the Odds: Eddie Brown’s Investing and Life Strategies, was published in May 2011 by

Barrons

on January 11, 2010.

Personal life

Brown married his college sweetheart from Howard University, the former Sylvia Thurston, on August 11, 1962, in King William, Virginia. The Browns have two daughters and three grandsons. Brown tried to attend helicopter flight school while he was a lieutenant in the U.S. Army, but was rejected after the vision in one eye failed to pass visual acuity standards.^[1] He later obtained a private pilots license for civilian fixed-wing aircraft, but stopped flying after his flights started to become too infrequent for him to remain proficient.

Brown’s primary residence is in suburban Baltimore, and he maintains homes in Florida and Maine.

References

1. ^ ^{a b c} “Beating the Odds: Eddie Brown’s Investing and Life Strategies,” John Wiley & Sons, 2011
2. ^ ^{a b c} The Boule Journal, Sigma Pi Phi Fraternity, Volume 75/Number 2/Summer 2011
3. ^ ^{a b} 2006 Marylander Of Distinction/Maryland You Are Beautiful program
4. ^ "Investing & Stock Research by Company and Industry - BusinessWeek". investing.businessweek.com. Archived from the original on August 28, 2008. Retrieved October 25, 2011.^{[title missing]}
5. ^ Louis Rukeyser’s Wall Street newsletter, February 1996
6. ^ Correspondence from Democratic U.S. Senator Barbara A. Mikulski, March 12, 2010
7. ^ Correspondence from Earl S. Graves, Jr., president and CEO Black Enterprise, August 4, 2010
8. ^ "Media Advisory: Johns Hopkins University Commencement Ceremony « News from the Johns Hopkins University".
9. ^ "Eddie Brown - $36,600 in Political Contributions for 2010". Campaignmoney.com. Retrieved 2012-02-17.

External links

• Eddie C. Brown Website
• Brown Capital Management Website Archived 2014-10-24 at the Wayback Machine
• Johns Hopkins University: Brown Community Health Scholarship Website
• Baltimore Times: Top Money Manager Eddie C. Brown speaks about his Autobiography, 'Beating the Odds,' at BCCC
• Eddie C. Brown of Brown Capital Management named Loyola's Business Leader of the Year 2010
• 2011 Marylanders of the Year, Eddie C. and S. Sylvia Brown Archived 2016-03-04 at the Wayback Machine