Top 10 Richest investors of All Time
- John “Jack” Bogle
Jack Bogle is the founder of The Vanguard Group.Bogle likes to keep his investing style extremely simple, and has highlighted eight basic rules for investors:
- Select low cost funds
- Consider carefully the added cost of advice
- Do not overrate past fund performance
- Use past performance only to determine consistency and risk
- Beware of star managers
- Beware of asset size
- Don’t own too many funds
- Buy your fund portfolio and hold it!
2. Warren Buffett
Warren Buffett is widely regarded as the most successful investor in the world based on the amount of capital he started with and what he was able to grow it into.Buffett’s investment focus is very simple…buying companies for a low price, improving them via management or other changes, and realizing long term improvements in stock price.
3.Philip Fisher
Philip Fisher is the father of investing in growth stocks. He started his own investment firm, Fisher & Company, in 1931, and managed it until his retirement in 1999 at the age of 91. Fisher achieved excellent returns for himself and his clients during his 70 year career.He created a fifteen point list of characteristics to look for in a common stock and were focused on two categories: management’s characteristics and the characteristics of the business.
4. Benjamin Graham
Benjamin Graham is most widely know for being a teacher and mentor to Warren Buffett.He was able to do this because he solely used financial analysis to successfully invest in stocks. He was also instrumental in many elements of the Securities Act of 1933, which required public companies to disclose independently audited financial statements. Graham also stressed having a margin of safety in one’s investments – which meant buying well below a conservative valuation of a business
5. Bill Gross
Bill Gross is considered by many the “king of bonds”. He is the founder and leading manager for PIMCO, and he and his team have over $600 billion under management in fixed-income investments.He believes that successful investment in the long-run rests on two foundations: the ability to formulate and articulate a long-term outlook and having the correct structural composition within ones portfolio over time to take advantage of this outlook
6. John Templeton
John Templeton is the creator of the modern mutual fund. He came to this idea by his own experience: in 1939, he bought 100 shares of every company trading on the NYSE below $1.John Templeton was described as the ultimate bargain hunter. He would also search out companies globally when nobody else was doing so.
7. Carl Icahn
Carl Icahn is known throughout the investing world as either a ruthless corporate raider or a leader in shareholder activism. Your view, I guess, depends on your position within the company he is going after. Icahn is a value investor that seeks out companies that he believes are poorly managed.
8. Peter Lynch
Peter Lynch is best known for managing the Fidelity Magellan Fund for over 13 years.Lynch consistently applied a set of eight fundamentals to his selection process:
- Know what you know
- It’s futile to predict the economy and interest rates
- You have plenty of time to identify and recognize exceptional companies
- Avoid long shots
- Good management is very important – buy good businesses
- Be flexible and humble, and learn from mistakes
- Before you make a purchase, you should be able to explain why you are buying
- There’s always something to worry about – do you know what it is?
9. George Soros
George Soros is most commonly known as the man who “broke the Bank of England”. In September 1992, he risked $10 billion on a single trade when he shorted the British Pound. He was right, and in a single day made over $1 billion.
10. Michael Steinhardt
This is another investor that few will recognize outside of Wall Street. Steinhardt achieved a track record that still stands out on Wall Street: 24% compound average annual returns – more than double the S&P500 during the same period – over 28 years!
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