True, Warren Buffett is probably the most popular name right now in the investing world among investing legends.
However, there are others out that also shines and beats the market consistently. They have made a name for themselves, and we should definitely learn something from them if we want to also succeed in our investing goals.
This is the man who “broke the Bank of England.”
He is a hedge fund manager that is considered to be a controversial figure for his strategy. He subscribe the principle of reflexivity, in which he believes that the participants of the market also drive the fundamentals on which they are trading.
In the late 1990s, George Soros broke the Bank of England by betting on a large short position against the British pound. He did that after finding some defects on the then-dominant Exchange Rate Mechanism (ERM).
That move made him more than $1 billion richer.
The past 25 years have proven to be very fruitful for Carl Icahn. He’s probably not as famous as Warren Buffett or George Soros because of his corporate antics.
How come? Because Icahn is known for his reputation as the “Corporate Raider.”
To put it simply, Icahn is popular for involving himself with companies that he feels lacking good leadership.
Although that may sound harsh for others, he is also known for his “Icahn Lift.” His involvement in such companies usually leads to that company’s prosperity.
It has also given him a 31% annual rate of return from 1968 to 2011. To put that into perspective, Warren Buffett had an annual rate of return at around 20%.
John “Jack Bogle” is the founder and the chief executive officer of the Vanguard Group, which was started over 40 years ago.
It’s currently the largest fund company just next to BlackRock Inc. At present, it has more than $3 trillion under its management.
Bogle follows a very simple investment style. He puts his money into low-cost index funds with low commissions and very little asset turnover.
Benjamin Graham is perhaps most popular for his book about investing called “The Intelligent Investor.”
He is also known as the “father of value investing,” which is also the reason he was Warren Buffett’s mentor.
His investing is quite simple: never take unnecessary risks. And always make use of solid financial analysis to find great companies.
He has taught many different principles to investors. For instance, the market is your servant and not your master. You shouldn’t get lost in what’s going on with the markets. Focus on your own research in to the company.
Peter Lynch is very popular for his management of the Fidelity Management Fund from 1977 to 1990. During this time, the fund saw a return of 29% per year on average to its shareholders.
In those 13 years, the fund outperformed the S&P 500 for 11 years.
Peter Lynch is highly popular for his strategy of adapting to whatever is popular at the current market conditions. That’s the reason he has this nickname, “chameleon.” Check for hot and cold wallets.