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    WORLDS

    FAMOUS

    INVESTORS

    Global Research Limited

    WORLDS

    FAMOUS

    INVESTORS

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    Considered to be one of the most successful stock market investors of all time, and one of the richestmen in the world.

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    Warren Buffettarren Buffett

    Warren Buffett's determination and creativity money at this point until he was asked by Ben Graham to

    has made him the success story he is today. He join his company as a security analyst, which he did and by

    is chairman of an investment company which 1956 his fortune rose to $140,000.In 1956 at the age of twenty five, Warren started his ownhas more than $2 billion in holdings and is also the 2ndinvestment company, the Buffett Partnership, using arichest man in the world.small amount of his own funds and collecting around

    Warren Edward Buffett was born in 1930 in Omaha, $100,000 from partners and family he managed toNebraska. At an early age warren displayed an aptitude for increase his capitol to $300,000 by the years end. One ofmoney and business along with an amazing ability to the companies Warren invested in during his role ascalculate numbers off the top of his head. He was an managing partner of the Buffett Partnership was a textileenthusiastic paper boy for the Washington Post, often company called Berkshire Hathaway.covering more than one paper route at the same time.

    Berkshire Hathaway was eventually liquidated but theWarren's interest in money and finance started showingname was kept and turned into an investment business. Itsearly, and by the age of 11 he was playing the stockmain interest was with insurance, which addedmarket.

    Warren purchased three shares of Cities Service at $38 a considerable cash flow for future investments. He

    share for himself and his older sister. Although the stock liquidated the Buffett partnership in 1969, and spent the

    fell to just over $27 he held his shares until they rebounded remainder of the year liquidating its portfolio.

    to $40, unfortunately selling them before they climbed toWarren became chairman of the board and chief executive$200. The experience taught him one of the basic lessonsofficer for Berkshire Hathaway in which he remains today.of investing: patience is a virtue.Berkshire Hathaway now owns more than forty companies

    In 1947 at the age of 17 he graduated from High School employing more than 150,000 people.

    and while he never intended to go to college his fatherIn 1977 Warren and Susan separated but never divorced,urged him to attend the Wharton Business School. BuffettShe was also a significant stockholder in Berkshirelasted two years, claiming he knew more than his

    Hathaway and a board member as well. Susan Buffett diedprofessors. Warren moved back home and transferred toin 2004, and Warren now lives with companion Astridthe University of Nebraska. Even while working full-time,Menks whom he meet through his wife.he graduated in only three years with a Bachelor of Science

    degree, and went on to be rejected by Harvard Business Warren Buffett is also a generous and charitableSchool because he was to young. He completed a master's philanthropist, having started the Buffett Foundationin economics at Columbia University where he meet Ben which he donates more than $12 million a year to. On hisG r a h a m a l e c t u r e r a n d f a m e d i n v e s t o r . death he plans to disburse 99% of his wealth to good

    c a u s e s t h r o u g h t h e B u f f e t t f o u n d a t i o n .Warren worked for his father who owed an investment

    banking company for the next three years during which he In 2005, Forbes magazine estimated Warren Buffett's

    meet Susie Thompson and in 1952 they were married and wealth to be $44 billionhad three children together. Warren didn't have a lot of

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    Peter Lynch

    Peter Lynch is a successful Wall Street investor, and For the 13 years that Peter Lynch managed the Fidelity

    arguably one of the best stock-pickers in the world. Magellan Funds, it was the top-ranked general equity

    He was president of the international investment mutual fund in America. 1000 dollars invested in the

    management firm Fidelity. Magellan fund in 1977 was worth $28,000 when he

    retired from managing the Magellan fund. In 1990 he

    Peter was* *born in 1944 in the USA. He served for two decided to take early retirement in order to spend moreyears in the United States Army and studied finance at the time with his family, and by that time its value had swollenWharton School business and the University of to $14billion. He is the only manager that has ever runPennsylvania before becoming an analyst in 1969 for the such a large fund, so successfully, for so long. Peterinternational investment management firm Fidelity. In continues as a member on the board of trustees of the1974 Peter was promoted to director of research and took Fidelity Group of funds and also writes a column for Worthon the Fidelity Magellan fund in 1977. When peter took on magazine.the fund it had $22million in assets.

    After Peter retired he wrote two books on stock selection,Peter took on a grueling work load in which he worked six One Up on Wall Street in 1989 and Beating the Streetor seven days a week. During this time he talked to in 1994. Both of which are considered essential reading for

    company managers, brokers and analysts every day. With any serious investor. Peter has found many of his bigthe help of just two research assistants, he ran a portfolio investments when not in his office - instead found themof up to 1,400 stocks at any one time. Some of these when out with his family, driving around or shopping atstocks he bought at an early stage of growth or recovery the mall. Peter believes the individual investor is able to doand held for years, but most of the stocks he bought he this too.became displeased with and sold within months of their

    purchase, admitting that over half his choices were Peter is adamant that small investors can research stocks

    mistakes. better than most professionals, and make smarter

    decisions about what to buy because they are often inThe Fidelity Magellan fund averaged an amazing 29.2% better positions to spot potentially profitable investmentsreturn a year, and only underperformed the S&P 500 index early. They are also free to act independently, rather than

    twice. Peters most impressive investing successes include be constrained by committees, trustees. Peter Lynch'sundervalued companies such as Taco Bell and Pier 1 favorite investment principle is "Invest in what you know"Imports before periods of strong market growth. popularizing the concept of "local knowledge."

    Famous stock market investor and successful funds manager.

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    Jesse Livermore is a stock market legend, known as the Livermore later sold the market short before the crash in

    great bear of Wall Street. In a life spent on Wall 1929, and entered the depression with $100 million in

    Street, he made and lost four fortunes. cash. Livermore's timing techniques, money management

    systems, and high-momentum approach to trading wasA quick study of the Stock Market will often reveal stories innovative and still remains well-founded today. Being a

    of Jesse Livermore a renowned and legendary stock trader. mysterious trader, he worked out of a secure officeHe was a well known man in his time rubbing shoulders penthouse on Fifth Avenue where he traded in secrecy.with the elite, including famous and powerful people and

    also to the average person through newspapers that Livermore had a turbulent personal life, being a

    covered stories on him. womanizer who could never remain faithful. A succession

    of failed relationships lead to several divorces andLivermore left home in 1891 at the tender age of 14 with animosity with his ex wives. Livermore lived a lavishnothing more than 5 dollars in his pocket. Livermore soon lifestyle, but his relationship with money was the moststarted as a board boy in the offices of Paine Webber and interesting aspect of his life. He made himself rich and thenwas eventually banned from working in the 'Bucket Shops' broke again on three occasions. It's said that he was aof New York and Boston due to him making such a large manic depressive or similar which would explain his often

    amount of money on the stock market. In the Wall Street erratic behaviour. Without ever getting help for hiscrash of 1907 Livermore was asked to stop pounding the problems, he took his own life in New York in 1940.market into oblivion. He made 3 million dollars in one day

    during the panic. He made a fortune in the crash only to Livermore wrote the classic "How to Trade in Stocks" with

    lose it soon after. his exploits recorded in one of the greatest book on

    speculation of all time.

    Famous stock market trader and investment author

    Jesse Livermoreesse Livermore

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    Benjamin Graham was an influential economist and In 1926, Graham and a broker called Jerome Newman

    investor who is often called "the father of formed an investment partnership, while he also started

    investing. lecturing at night on finance at Columbia University, which

    he would continue to do until he retired in 1956.Graham was born in London in 1894 and immigrated to In 1929 a stock market crash almost sent Graham broke

    the USA with his family at 1 year of age where his father but the partnership survived with help from friends andstarted an importing business. His original surname was the sale of most their personal assets, while Graham's wifeGrossbaum but later changed to Graham. His father died returned to work as a dance teacher. In 1934, Graham andnot long after moving to America and his mother lost the another Columbian academic called David Doddfamilies savings in an economic crisis. published the book "Security Analysis which has

    continued to sell even today. In 1949, Graham also wroteGraham was a bright student and managed to get intothe book The Intelligent Investor, often considered theColumbia University. After graduating in 1914 with aBible of investing. That book too has never been out ofbachelor's degree, he was offered a teaching position atprint.the University, but declined it to work as a chalker on Wall

    Street with Newburger, Henderson and Loeb. He soon The investment partnership between Graham and

    started doing research for the company which lead to him Newman continued up to 1956 and never again lostbecoming a partner with a salary of over $500,000 a year money for its investors, returning about 17 per cent.at just 25 years of age. Graham also retired from writing and lecturing at

    Columbia in 1956. Benjamin Graham died in 1976, with

    the reputation of being the Father of investing.

    Famous stock market trader and investment author.

    Benjamin Graham

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    George Soros was born in Hungary in 1930. At a support projects in these areas. In 1992, Soros foundedyoung age Soros started trading currencies on the Central European University, with its primary campus inHungarian black market during World War 2. Budapest, Hungary.

    Avoiding the fate of many Jewish people as the grandsonof a Hungarian official he survived the Nazi occupation and In 1988, Soros was asked to join a takeover of a Frenchleft Hungary in 1947 to live in England. bank but he declined the offer, instead buying the bank's

    stock. In 2002, a French court ruled that Soros committedWhile living in England Soros attended and graduated insider trading and was fined more than $2 million, thefrom the London School of Economics. While studying amount he made from the trades.Soros became interested in the work of a teacher andphilosopher Karl Popper, Which influenced his thinking In 1992, Soros became famous when he sold short 10and later his professional and philanthropic work. billion pounds, profiting from the Bank of England's

    unwillingness to raise interest rates or float its currency.In 1956 he moved to the United States, where he worked The Bank was forced to withdraw the currency from themainly as a financial analyst. Soros admits his intentions European exchange rate mechanism and to devaluate thewere mainly to earn money on Wall Street to finance his Pound. Soros earned an estimated US$1.1 billion profit forinterests in writing and philosophy. In 1969 Soros founded his efforts and later being known as "the man who brokehis first offshore hedge fund, which grew immensely partly the Bank of England.through speculation. In the 1990's financial analyst'sstated that this speculation had helped weaken Asian and In 1997 in similar conditions as the Asian financial crisis,Latin American economies. Soros was accused of bringing down the Malaysian

    currency, the ringgit. Soros has been a keen author writingIn 1970 Soros Co-founded the Quantum Fund with Jim 8 books including The Bubble of America Supremacy:Rogers and it achieved more than a 4000% return within Correcting the Misuse of American Power, George Sorosthe next ten years, which created most of Soros vast

    on Globalization, The Alchemy of Finance, Opening thefortune. His net worth reached an estimated $11 billion.

    Soviet System, Underwriting Democracy, Soros on: StayingAhead of the Curve, The Crisis of Global Capitalism: OpenIn 1979 Soros began his philanthropic activities bySociety Endangered and Open Society: Reforming Global.providing funding for black students to attend the

    University of Cape Town in South Africa. To date he ischairman of the Open Society Institute and has founded

    many charity organizations that are active in more than 50countries including Central and Eastern Europe, theformer Soviet Union, Africa, Latin America, Asia, and theUnited States. In recent years the Soros foundationsnetwork have spent more than $400 million annually to

    Successful funds manager, currency trader and billionaire philanthropist.

    George Soros

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    Jim Rogers was born in Baltimore, Maryland and raised Adventure Capitalist following this around-the-worldin Demopolis, Alabama. He started in business at the adventure. It is currently his best selling book.

    On his return in 2002, Rogers became a regular guest onage of five by selling peanuts and by picking up emptyFox News' Cavuto on Business which airs every Saturday. Inbottles that fans left behind at baseball games. He got his2005, Rogers wrote Hot Commodities: How Anyone Canfirst job on Wall Street, at Dominick & Dominick, afterInvest Profitably in the World's Best Market. In this book,

    graduating with a bachelor's degree from Yale University Rogers quotes a Financial Analysts Journal academic paperin 1964. Rogers then acquired a second BA degree fromco-authored by Yale School of Management professor,Balliol College, Oxford University in 1966.\Geert Rouwenhorst, entitled Facts and Fantasies about

    In 1970, Rogers joined Arnhold & S. Bleichroeder. That Commodity Futures. Rogers contends this paper showssame year, Rogers co-founded the Quantum Fund. During that commodities investment is one of the bestthe following 10 years the portfolio gained 4200% while investments over time, which is a concept somewhat atthe S&P advanced about 47%. It was one of the first truly odds with conventional investment thinking.international funds. In December 2007, Rogers sold his mansion in New York

    City for about 16 million USD and moved to Singapore.In 1980, Rogers decided to "retire", and spent some of his Rogers claimed that he moved because now is a ground-time traveling on a motorcycle around the world. Since breaking time for investment potential in Asian markets.then he has been a guest professor of finance at the Rogers' first daughter is now being tutored in Mandarin to

    Columbia University Graduate School of Business. prepare her for the future. He is quoted as saying: "If youIn 1989 and 1990, Rogers was the moderator of WCBS' were smart in 1807 you moved to London, if you wereThe Dreyfus Roundtable and FNN's The Profit Motive with smart in 1907 you moved to New York City, and if you areJim Rogers. From 1990 to 1992, he traveled through China smart in 2007 you move to Asia.again, as well as around the world, on motorcycle, over100,000 miles (160,000 km) across six continents, which In a CNBC interview with Maria Bartiromo broadcast onwas picked up in the Guinness Book of World Records. He May 5, 2008, Rogers said that people in China aretells of his adventures and worldwide investments in extremely motivated and driven, and he wants to be in thatInvestment Biker. type of environment, so his daughters are motivated andIn 1998, Rogers founded the Rogers International driven. He also stated that this is how America and EuropeCommodity Index. In 2007, the index and its 3 sub-indices used to be. He chose not to move to Chinese cities likewere linked to exchange-traded notes under the banner Hong Kong or Shanghai due to the high levels of pollution

    ELEMENTS. The notes track the total return of the indices causing potential health problems for his family; hence heas an accessible way to invest in the index. Rogers is an chose Singapore. He has also advocated investing inoutspoken advocate of agriculture investments and, in certain smaller Asian frontier markets such as Sri Lankaaddition to the Rogers Commodity Index, is involved with and Cambodia, and currently serves as an Advisor totwo direct, farmland investment funds - Agrifirma (based Leopard Capital's Leopard Sri Lanka Fund. However, he isin Brazil) and Agcapita Farmland Investment Partnership not fully bullish on all Asian nations, as he remains(based in Canada). skeptical of India's future - "India as we know it will not

    survive another 30 or 40 years".Between January 1, 1999 and January 5, 2002, Rogers didanother Guinness World Record journey through 116 Rogers has two daughters with Paige Parker; Happy wascountries, covering 245,000 kilometers with his wife, born in 2003, and their second daughter Baby Bee inPaige Parker, in a custom-made Mercedes. The trip began 2008. His latest book, A Gift To My Children, contains

    in Iceland, which was about to celebrate the 1000th lessons in life for his daughters as well as investmentanniversary of Leif Eriksson's first trip to America. On advice and was published in 2009.January 5, 2002, they were back in New York City and theirhome on Riverside Drive. His route around the world canbe viewed on his website, jimrogers.com. He wrote

    Jim Rogers

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    Rakesh Jhunhunwalaakesh Jhunhunwala

    Rakesh Jhunhunwala, Son of an income tax officer,

    Although he claims to put only a minuscule of hishe started dabbling in stocks while in Sydenhamnetworth on the table for trading activity, he has oftencollege and plunged into investing as a full timeleveraged his own capital and managed to make a fortuneprofession soon after completing his education. He startedfrom his calls, more often than not. His stock pickinghis career with $100 in 1985 when the BSE Sensex was atstrategy is influenced by the lessons from Mr George

    150. He made his first big profit of Rs 0.5 million in 1986 Soros's trading strategies and Dr Marc Faber's analysis ofwhen he sold 5,000 shares of Tata Tea at a price of Rs 143economic history. He endorses the thumb rule of 'trend iswhich he had purchased for Rs 43 a share just 3 monthsmy best friend'.prior. Between 1986 and 1989 he earned Rs 20-25 lakhs.

    His first major successful bet was iron ore mining companyHe is the poster boy of the Indian bull run but admits toSesa Goa. He bought 4 lakh shares of Sesa Goa in forwardhave been a bear in the Harshad Mehta days and believestrading, worth Rs 1 crore and sold about 2-2.5 lakh sharesthat a person in the market should be like a chameleon. Heat Rs 60-65 and another 1 lakh at Rs 150-175. The pricescalls the markets as temples of capitalism and believes thatthen went up to Rs 2200 and he sold some shares. But hethey are the ultimate arbitrators.credits Madhu Dandavate's Union budget of 1990 as the

    inflection point for his investing career which quintupledMuch like Mr Warren Buffet, he buys into the businesshis net worth. His privately owned stock trading firm Raremodel of a company and for judging the longevity andEnterprises, derives its name from the first two initials ofgrowth potential, he gives top priority to 'competitivehis name and wife Rekha's name. Under the guidance ofability', 'scalability' and 'management quality' of theMr Radhakrishna Damani, he made a lot of moneyenterprise. The 'entrepreneur', according to Mrshorting stocks at the time of Harshad Mehta scam postJhunjhunwala is what makes an invaluable difference to1992.his expected investment returns. According to MrJhunjhunwala, believing in the vision and the beliefs of the"My decision to aggressively invest in the asset class ofentrepreneur and validating the risks that may not beIndian equities at the right time was a very importantperceived by the entrepreneur are the key success factorsdeterminant of my success," said Rakesh Jhunjhunwala.for an investor.

    Jhunjhunwala's portfolio of stocks is tracked religiously.Mr Jhunjhunwala has managed to identify numerousHis latest stock portfolio is the subject of many debatesmulti-baggers in the past decade, notable being Karurand analysis. Like Warren Buffett, Jhunjhunwala is a long

    Vysya Bank, Praj Industries, Crisil, Titan, Nagarjuna, HOELterm investor, however he acknowledges that it wasand PSUs like BEML and Bharat Electronics, among others.'trading' income which helped him built his initial capitalThe typical traits to look for while identifying potentialbase and continues to remain an active trader as hemulti-baggers, according to Mr Jhunjhunwala are - lowbelieves it keeps one alert and always on your feet.institutional holding, under-researched and generalpessimism about the stock.Mr. Jhunjhunwala is the Chairman of Aptech Limited and

    Hungama Digital Media Entertainment Pvt. Ltd and alsoA good time to sell a stock, according to Mr Jhunjhunwala,sits on the Board of Directors of various Indian listed/is not based on any 'price' targets, but when the 'earnings'unlisted companies like Prime Focus Limited, Geojitexpectations have peaked or the business model hasFinancial Services Limited, Bilcare Limited, Praj Industriespeaked or the valuations appear ridiculouslyLimited, Provogue India Limited, Concord Biotech Limited,unreasonable.Innovasynth Technologies (I) Limited, Mid Day Multimedia

    Limited, Nagarjuna Construction Company Limited,Viceroy Hotels Limited & Tops Security Limited. [edit]Investment Philosophy

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