The World´s 99 Greatest Investors: The Secret of Success
Format: PDF / Kindle (mobi) / ePub
The world´s 99 greatest investors is an entirely unique book – nothing like it has ever been published before.
In it the most successful investors in the world generously share their insights with the next generation of investors. Exclusively for readers, they reveal the experience they have gained from a quarter-century of successful investing. The conclusions are surprising.
For every investor there is a summary that describes his investment philosophy and style. And as well as excellent advice on what to think about before investing, there are insightful thoughts and ideas about life in general.
The book is written in an inspiring and accessible style that makes it profitable reading for both professional and amateur investors.
and extravagances along the way. Jesse Livermore was known for his ostentatious lifestyle, and his three divorces must have left quite a dent in his wallet. It is worth noting that all five investors in the table managed their own capital. The stock market was very much their province. Two of the investors were typical traders (Livermore and Wilson), while the other three are best understood as value investors. Pole position goes to the investors who occasionally leveraged their assets to the
he preferred to buy semi listed stocks, which were not so often subject to course manipulation. A strong balance sheet was a crucial prerequisite for investment. He believed that options were useful when the market was bad, and as a rule he even kept cash available just for that. Leverage was used only when the market was low and there was extreme fear. He was mainly a stock market investor, but also used the bond market from time to time. He regarded the footnotes appended to annual reports as
Homework, homework, homework. Discipline, discipline, discipline. The power of knowledge about your investments places you at a decided advantage to most, and not letting your emotions get the better of you is critical in achieving superior investment results. BORN Los Angeles, USA 1948. EDUCATION Rodriguez, a CFA, received a BBA and an MBA, both from the University of Southern California. CAREER He started his investment career as an investment analyst at Transamerica Investment Services in
successful investor profile. Regardless of the strategy used. Regardless of the market. Regardless of the period. Below are the twelve insights common to virtually all investors. Know your own investment rhythm. Know your strengths and weaknesses. Consider the risks, not the potential. Be prepared to change your strategy if the market changes. Don’t invest on the basis of tips. Don’t let your emotions cloud your judgement. Don’t invest in what you don’t understand. Be disciplined and work
Templeton created some of the world’s largest and most successful international investment funds. He sold his Templeton funds in 1992 to the Franklin Group. INVESTMENTPHILOSOPHY One of the twentieth century’s top contrarians. The best description is probably value-contrarian investor. His investing style can be summed up as looking for value investments, what he called ‘bargain hunting’ in a ‘search for companies around the world that offered low prices and an excellent long-term outlook.’ The