Investment Habits Of Four Investment Gurus

Those highly successful investors sometimes invent something new.

In 1970, in the old European Investment Bank Holder Bray Muccilo de partnership, Rodgers met George Soros.

They form the most successful "Gemini" investment team in the industry.

When they worked together, they did not lose money for a year.

Michael Stein Hart: Strategic trader

Michael Stan Hart has managed 20 years of high capital yield, which is also rare in the history of investment.

If you invest $10000 at the beginning of Stan Hart's hedge fund Stan Hart partnership in July 1967, you can have 1 million dollars in 20 years.

If the annual interest rate is calculated, the annual compound interest rate of the investment will be 27% after deducting his commission.

Why did he achieve such success?

One of the answers is that Stan Hart paid $35 million to Wall Street brokers every year.

So much money can buy a lot of Wall Street Research Report: 100 page company analysis, economic outlook, international political and economic situation analysis.

In fact, Steinharter himself had done this kind of work - he used to be a reporter for the financial world and an analyst at lob Roth partnership.

Philip:

Philip is undoubtedly the most experienced investor: he entered the investment field in the early 1920s and has been working in the financial market for 67 years.

Although he is 91 years old, he still comes to his office very early every morning.

He managed more than $225 million in private investment with two sons, a granddaughter and several employees (only one CEO was hired outside the family in 1988).

The centenarians still look energetic and old.

His face was stocky and kind, full of deep wrinkles.

He often laughed softly, with an irresistible affinity on his body.

Carette's office is located in an old art deco style building on 42 street in New York, facing the south exit of central station.

A sign on the wall above his desk reads, "genius desktop is all messy".

George Soros: world-class

Of all portfolio managers, George Soros will probably maintain the most brilliant long-term record: 19 years and 34% CAGR.

Just like Steinharter, he invested heavily in leverage, so the risks and benefits he gained were not comparable to those of conservative fund managers.

If the quantum fund was invested in 10 thousand dollars in 1969, the investment in 1988 would be $about 2800000.

Many of the investors of the quantum fund are capricious European profiteers. Some of them have withdrawn from their investments due to the loss of confidence in Soros, which is enough to reduce the net asset value of the quantum fund by half.

However, second years, that is, 1982, is the year of Soros's lucky star. The net asset value of the quantum fund increased by 57%, and by the end of 1983, the net asset value of the quantum fund exceeded that of any previous year.

In the wake of the doom of 1987, the quantum fund suffered a terrible blow, which lost 840 million dollars in a few days and the net assets of the fund decreased by 28%.

Nevertheless, the annual yield of the fund reached 14% in that year.