One of the interesting habits I have is that of researching about the life and the philosophy of the great investors. I believe that a good investment philosophy is one that can be picked up easily and its success can be replicated regardless of time and age.
There are many famous investors out there but here’re 10 investors whom I think left their indelible mark in the financial world.
1) Warren Buffett
Without a shadow of doubt, Warren Buffett is the first name that comes to mind in this list. Being the most successful investor over the last 40 years, Buffett has bought much wisdom and insights to the investing world. His consistent returns and interesting insights continue to light the way forward for the financial world.
2) Peter Lynch
Former fund manager of Fidelity’s multibillion-dollar Magellan Fund, Peter Lynch is probably one of the funniest fund managers you would come across if you read his book “One Up On Wall Street”. His fund was the best performing fund in the world under his leadership from May 1977 to May 1990.
His mantra is what inspires me the most: Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
3) John Templeton
John Templeton was one of the pioneers of the mutual fund. He was famous one buying $100 of every stock trading below $1 on the NYSE during World War 2. His total investment was $10,400, which he sold for over $40,000 four years later!
4) Benjamin Graham
Widely considered to be the father of value investing, it was Benjamin Graham who taught his brand of investing to the young and impressionable Warren Buffett who later went on to become the world’s most successful investor. He also wrote “The Intelligent Investor” which formed the investment foundation of many other great investors whom you can find on this list.
5) Philip A. Fisher
Fisher was one of the most influential investors in the growth stock school of investing. His investment classic, “Common Stocks and Uncommon Profits” was the first investment book to make the New York Times bestseller list.
Warren Buffett was once famously described to be 85% Graham, 15% Fisher. These days, there are even some people who would say that he is more Fisher than Graham!
6) Joel Greenblatt
The youngest investor on this list, Joel Greenblatt is an investor who falls under the school of value investing. Through his firm Gotham Capital, Greenblatt presided over an impressive annualized return of 40% from 1985 to 2006.
He also translated his knowledge into a book with a formula to help amateur investors sift out undervalued stocks in “The Little Book That Beats The Market”.
7) George Soros
Famously known as “the man who broke the Bank of England” for betting against the pound in 1992 and making $1 billion in the process, Soros always had an eye for making the right currency trades at the right time. He was also accused of causing the Asian financial crisis in 1997 by shorting the Thai Baht and the Malaysian Ringgit.
8) Carl Ichan
A modern day great, Carl Ichan is known as one of the most ruthless corporate raiders in history. Wall Street even has a catchphrase for him – the “Ichan Lift” is what they use to describe the upward price movement of a stock of which he buys into.
9) Mario Gabelli
Mario Gabelli is one of the students of Roger Murray, the value investing professor who took over Benjamin Graham’s position in Columbia Business School. He is to Roger Murray what Warren Buffett was to Benjamin Graham – an excellent student of the value investing techniques.
10) Charlie Munger
Trusted partner and right-hand man of Warren Buffett, Charlie Munger is the current Vice Chairman of Berkshire Hathaway Corporation. He is known for his sharp tongue and witty retorts which never fail to amuse the participants of Berkshire Hathaway’s annual shareholder meeting.
Image Credits: fortune.com