The Greatest Investors in the World: TOP-13
We are all people and in any business, we are trying to focus on the best. Their success motivates us to make certain decisions. Since they could, we are worse. Therefore, we are investors, we follow their every step, we look at what they invest in, we look at what securities they buy and sell. We are trying to understand their philosophy and learn how to think like them. To be so successful in the future. This article is about God level investors.
1 John Templeton
The investor acted according to the scheme "Buy when it's cheap, sell when it's profitable." During the Second World War, he bought shares of illiquid companies, spending 10 thousand dollars on this. After 4 years, he made a profit of more than 40 thousand. After the end of the war, he decided to invest in Japanese companies, although the country's economy was at its lowest level. The deal paid huge dividends. After that, it gives priority to investments on a foreign stock exchange.
Life Credo:
“If you buy like everyone else, you get the result like everyone else."
"Act contrary to general trends."
2 John Bogle
(founder of the very first index fund)
Created the company Vanguard, which today manages 2.6 trillion. dollars. Does not recognize commissions for financial transactions. The main thing for an investor is to make as few expenses as possible. Convinces to adhere to strict discipline and economy. If you do not keep what you have, you are guaranteed to lose everything.
Avoid stars – management companies that think too highly of themselves.
In priority – funds with low costs.
Objectively assess the activities and performance of the company in the past.
Own only small funds in small amounts.
3 Warren Buffett
The investor's fortune is estimated at 75.4 billion dollars. Founder of Berkshire Hathaway. Author of the bestseller "Annual Letter to Shareholders". He invests in large successful companies that, for a number of reasons, experienced difficulties. Among his best successful projects are American Express, Coca-Cola, Disney and others. I am convinced that you need to invest money only in what a person understands.
4 George Soros
"Make unexpected, not obvious bets"
Founder of Quantum Fund. Actively makes money on currency crises. The most famous successful trade was the sale of the British pound before its crash in 1992. It made him a billion dollars in one day. Experts say that he "broke the English state bank."
Soros' personal fortune is estimated at $10 billion. In the work he uses his own theory of "reflexivity of stock markets". It involves buying (selling) shares based on price expectations.
5 William Sharp
"Always consider the risks"
He is a co-founder of Financial Engines Corporation, founder of William F. Sharp Associates.
In 1990, he received the Nobel Prize for the theory "Formation of prices of financial assets". He is the author of the books Economics of Computers and Portfolio Theory and Capital Markets. Specializes in conducting research in the field of economics, competent distribution of assets in commercial funds. Claims that there is a direct relationship between risk and expected return.
Investor's life credo:
“Investing means parting with money today so that tomorrow you will receive it along with profit.”
6 Carl Icahn
"Fast, efficient, without feelings"
Created from scratch the now prosperous fund company Icahn Enterprises.
The investor's capital is estimated at $25 billion. Supports the business of "fast and ruthless invaders". He invested a decent amount in the development company Apple, which brought him several million dollars.
Prefers to act according to a pre-planned scheme:
* receive the main block of shares of a young company;
* become the head of the board of directors;
* change the strategy of the board, where the interests of shareholders are placed above all else.
The company's shares after such a scheme usually grow significantly in price.
Top Quotes :
* "If you need a friend on Wall Street, get yourself a dog."
* "Basically, the wrong people run US companies."
* "It's stupid to spend 10 thousand dollars on flights to attend a boring meeting."
7 David Dreman
“Psychology in the investment market is everything”
Not only an investor, but also the founder or co-founder of many companies: Rauscher Pierce Refsnes Securities Corp. J&W Seligman, Value Line Investment Service, International Foundation for Research in Experimental Economics (IFREE), Dreman Value Management, LLC
Adheres to the theory of the most opposite investment "do not follow the herd." Prefers to buy shares of companies with an income above average.
Best quotes:
* "The best time to buy is when there is blood on the streets."
* "The highest return comes from good stocks 3 years after you buy them."
8 Sam Zell
"The dancer on the bones is not afraid to lend"
Zell's phrase "Losers make a profit" became winged.
As an investor, he prefers to buy companies with debts, which have weak management, and in a short period of time brings it to the TOP. Then he sells for a profit. He is the founder and current chairman of Equity Group Investments Corporation. Likes to shock the audience. Refuses to wear business suits, ties, rides a motorcycle and is not shy in expressions at important events. Author of Sam Zell's Guide to Getting Very, Very Rich. The capital is estimated at $5 billion.
9 Peter Lynch
"Anyone with brains can make money"
Founder of the successful investment fund Fidelity Magellan Fund.
Author of the bestseller Strategy and Tactics of the Individual Investor. Invested in companies with the lowest P/E ratios historically. In his work, he did not follow market forecasts, he avoided companies that took off rapidly.
Catchphrases:
* Fall is an opportunity.
* Do not invest money in a company whose idea is not explained on the fingers.
* Avoid trendy firms in trendy areas.
10 Edward Seykota
He was the first to transfer exchange trading to electronic mode.
Engineer by profession. He perfectly understands that cybernetics is a new word in stock trading. Believes that it is not necessary to risk more than you can afford. From each operation there is quite a significant, but not great profit. As an investor, he likes to work with the long-term trend and the current chart pattern.
Best Quote:
“The source of my success is my love of trading. She is my life, I am obsessed with the market. It's not a profession, it's a hobby, it's a calling."
11 Paul Tudor Jones
arrogance, selfishness and constant capital gains
Personal capital is estimated at 5 billion dollars. Engaged in futures for grain, foreign exchange, government bonds and oil. The secret of success lies in the precise control over risks. Jones always monitors portfolio performance in real time. As soon as the balance starts to decline, he immediately closes the entire session.
Life Credo:
"It's more important to keep on the defensive than to attack."
12 David Tepper
Founder of the Appaloosa Management Foundation.
He became famous for being able to invest in troubled real estate companies without fear of disinformation. It is distinguished by excellent intuition, low emotionality, prudent mind. Net worth – 11 billion dollars.
Investor's life credo:
“I, like everyone else, are an animal in some kind of herd. Either I'll be eaten or I'll get the juiciest prey."
#thirteen. Geoffrey Gundlach
Nicknamed "The Bond King".
The investor earned a solid capital by buying up shares of small promising enterprises. Founder of Double Line Capital, which controls $50 billion in assets. It has a cold-blooded character without impurities of emotions.
Life Credo:
"Discipline above all."