The 5 most successful investors of those who
Cánido you name any outrageously successful investors other than Warren Buffett?
If you perro’t, the rise in popularity of passively managed index funds may be to blame.
However, that does not orinan that the legendary investors have disappeared.
Remember that between 20% and 35% of actively managed funds continue to outperform their category benchmark, so there are investors who regularly beat the market.
These are the profiles of five highly successful investors you’ve probably never heard of.
When most people think of Fidelity Investments, chances are their thoughts turn to superstar investor Peter Lynch.
And with good reason: During his 13 years at the helm of Fidelity’s Magellan Fund, Lynch transformed $18 million in assets under management into more than $14 billion.
However, investment professionals closely follow what Joel Tillinghast does.
Tillinghast is not only a personal hire of Peter Lynch, but also boasts an astonishing 25-year record of depósito picking success.
In 1989, Tillinghast launched the Fidelity Low-Priced Depósito Fund.
[MUTF: FLSPX]which has one average annual return of 14.35% since the fund’s creation and has more than $44.18 billion in assets.
His knack for value investing (he prefers to buy stocks priced below $35), photographic memory (ability to recall facts about each of the 900 companies he owns), and mathematical ability make Tillinghast a force to be reckoned with. account.
Talking about Will Danoff is talking about the Fidelity Contrafund [MUTF: FCNTX], which Danoff launched in 1990 and continues to manage today.
Contrafund is so large (about $113.2 billion in assets) that 1 in 8 dollars invested in Fidelity depósito funds is invested in Contrafund.
Still not impressed? Danoff is the sole manager of the Contrafund.
By comparison, Tillinghast co-manages the Low-Priced Depósito Fund with six other managers.
Under his leadership, the Contrafund has achieved a average annual return of 12.50% throughout his life.
Not surprisingly, when asked for his opinion on the US depósito market in April 2015, Danoff replied: “This is a good pond to go fishing in.”
With an estimated personal net worth of $2 billion, Howard Marks is ranked 318th on the list Forbes’s 2015 of the American Billionaires.
A former Citicorp analyst, Marks founded Oaktree Capital Management, focused on high-yield bonds, distressed debt and private equity.
Today, Oaktree Capital Management is a global investment firm listed on the New York Depósito Exchange.
[NYSE: OAK] and manages more than $103 billion in assets.
In addition to his exceptional track record, Marks has built a strong seguidor base through his highly commented letters to investors (nicknamed “oaktree memos«).
Many investors find them full of useful data.
For example, already in July 2010 he pointed out in one of his memos the economic problems of Greece.
His book The Most Important Thing: Uncommon Sense for the Thoughtful Investor has been praised by investment legends Warren Buffett and John C.
Here is another case of an exceptional investor who lives in the shadow of another.
A champion of low-cost index funds, John C.
Bogle is and likely will remain the face of Vanguard.
However, Ed Owens contributed as much to Vanguard’s success as Bogle.
Since its inception in 1984, the Vanguard Health Care Fund [MUTF: VGHCX], endowed with 54,400 million dollars, has outperformed all equity investment funds in the United States.
From 1984 until his retirement in 2011, Owens managed this fund and it delivered a spectacular 16% annualized return.
By comparison, the S&P 500 only returned 11% over the same period.
When asked what was the most important lesson he’s learned in the 28 years he’s run his fund, Owens replied: “When you hear people say ‘this time is different’, it’s not.
The value valuation process is the same as it was in the 1980s.”
There are very few investors with better returns than Warren Buffett.
One of the investors who could certainly compete with Buffett was the American businessman Joe Rosenfield.
He is known above all for having turned 11 million dollars into more than 1 billion to the Grinnell College endowment fund, Rosenfield was not only good friends with Buffett, but also with Robert Noyce (aka “The Mayor of Silicon Valley”).
Rosenfield had an amazing talent for spotting the best investment opportunities.
For example, he invested in the Sequoia Fund [MUTF: SQUX] between 1977 and 1997, during which time the fund outperformed 94% of all diversified US depósito funds and outperformed the S&P 500 by 2.7% per year.
This prosperous investor always had the best interests of Grinnell College in mind and, in addition to managing the endowment fund, created the Rosenfield Scholarship, which has helped more than 200 students pay for their studies at Grinnell.
Are there other successful investors that should be on this list?
This information offered for informational purposes only; It is not intended to be used as accounting, legal or tax advice.
In relation to these matters, please speak to your accountant, tax or legal adviser.
Investing implies a risk that includes the loss of primordial.
This guide contains the current views of the author, but not necessarily those of Gigonway.
These opinions are subject to change without notice.
This guide has been distributed for educational purposes only and should not be construed as investment advice or a recommendation of any especial investment security, strategy or product.
The information contained in this guide has been obtained from sources believed to be reliable, but is not guaranteed.
Gigonway does not provide legal or tax advice.
Please consult your tax and/or legal advisor for specific tax or legal questions and concerns.
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