2008-08-17
The world's top 10 leading fund manager's position
Graphic: Bidelinqi (Peter Lynch)
Bidelinqi is the United States and the world's most well-paid employment portfolio managers, is 1 million Magellan mutual fund, the founder of a distinguished career stock investors, the Wall Street stock market giant enrichment.
Bidelinqi in his decades of professional stock investment career, particularly in 1977 he took over and expanded Magellan Fund (Magellan Fund), the stock business has done extremely well, not only form the largest ever become Zhelun The Common Fund, Huan production from its 20 million U.S. dollars, an increase to 8.4 billion U.S. dollars, but the company's investment quota on the original list of only 40 stocks, increased to 1,400 kinds. Lynch also be harvested very abundance. Amazing achievements, Lynch Fei exclusive right to use the financial sector. America's most famous "Time" magazine called him the first fiscal management, and "happiness" magazine is renowned stock investment in the field of a super star. And in 1988 by Morningstar (Morningstars Co.) Selected as the best fund managers, and 13 universities nationwide were awarded honorary doctorate degree, announced his retirement in 1990, the total assets of the individuals allegedly 45 million U.S. dollars, the leisure I love playing golf, sailing and Tingge Ju. Bidelinqi engaged in the investment business, also recognized his extraordinary, and the self-proclaimed stock angel.
Bidelinqi and Yuehanluosi Chai (John Rothchild) in the name of the three best-selling book: "One Up on Wallstreet", "Beating the Street" and "Learn to Earn".
Graphic: Bidelinqi (Peter Lynch)
Bidelinqi is the United States and the world's most well-paid employment portfolio managers, is 1 million Magellan mutual fund, the founder of a distinguished career stock investors, the Wall Street stock market giant enrichment.
Bidelinqi in his decades of professional stock investment career, particularly in 1977 he took over and expanded Magellan Fund (Magellan Fund), the stock business has done extremely well, not only form the largest ever become Zhelun The Common Fund, Huan production from its 20 million U.S. dollars, an increase to 8.4 billion U.S. dollars, but the company's investment quota on the original list of only 40 stocks, increased to 1,400 kinds. Lynch also be harvested very abundance. Amazing achievements, Lynch Fei exclusive right to use the financial sector. America's most famous "Time" magazine called him the first fiscal management, and "happiness" magazine is renowned stock investment in the field of a super star. And in 1988 by Morningstar (Morningstars Co.) Selected as the best fund managers, and 13 universities nationwide were awarded honorary doctorate degree, announced his retirement in 1990, the total assets of the individuals allegedly 45 million U.S. dollars, the leisure I love playing golf, sailing and Tingge Ju. Bidelinqi engaged in the investment business, also recognized his extraordinary, and the self-proclaimed stock angel.
Bidelinqi and Yuehanluosi Chai (John Rothchild) in the name of the three best-selling book: "One Up on Wallstreet", "Beating the Street" and "Learn to Earn".
Graphic: Benjamin Graham (Benjamin Graham)
The stock market has traditionally been regarded as the elite gathering place, while Wall Street is a measure of a person of wisdom and courage decisive places.
Benjamin Graham as a generation master, his financial analysis of doctrine and ideology in the investment field had a very great shock, affecting almost three generations of major investors, the Wall Street now active in dozens of billions of investment managers are Graham's claim to be believers, he enjoyed the "Wall Street Godfather" reputation.
Benjamin Graham's name but did not stay in the Guangrong Bang on Wall Street - to his name Graham Muniu Man, in his retirement after the dissolution, and those of his historical position as financiers have Can often left to their own name companies. It also confirmed that from one side, Graham is the great individuals from the great, great this is the unsustainable. Fortunately, he taught through the classroom for their own theories left a successor.
Graham during his lifetime may not have thought that his reputation will be an even lower than their two Beifen of young people, that is Warren Buffett to memory. Today, even at Columbia University, many people do not remember the full name of Graham, they only remember that this person is, "Buffett's teacher." However, Buffett and his teachers is less like. Buffett's poor level of math, his teacher is proficient in mathematics; Buffett almost non-financial derivatives, his teacher is more like financial derivatives; Buffett good at analysis of cash flow, but like his teacher analysis Funds and property.
Graphic: John ‧ Templeton (John Templeton)
Sir Templeton is the founder of the Templeton Group, has been known as the world's most intellectual and one of the most respected investors. Capitalists Forbes magazine called him "the father of the global investment" and "history's most successful fund managers one." Although Templeton Jazz have retired and no longer participate in the Fund's investment decision-making, but his investment philosophy has become a Templeton fund group's investment team, and many investors are eternal wealth.
Handed down words
"Refused to technical analysis as a method of investment, you must be a fundamental investors in this market can be a real success."
"In the extreme pessimism that point in the investment."
"If you want to performance than most people are good, you have to and most of the action is different."
Graphic: George Soros (George Soros)
George Soros as the "financial genius", from 1969 to establish "Quantum Fund" So far, he has an incredible record of performance, to an annual average of 35 per cent of the integrated growth rate unmatched Wall Street counterparts. He seems to have a super-power around the world financial markets. His words can make a commodity or currency trading market mutation, as market prices rise or his remarks fell.
A television reporter that this was the image of Description: Soros to invest in gold, because he is investing in gold, so we all think we should invest gold, then gold prices; Soros writing articles questioning the value of DM , Then mark the greenback was down; Soros to invest in real estate in London, where real estate prices in overnight to reverse the decline. Soros is the secret of the success of many people are eager to know, but because of the Soros investment in a matter of their tight-lipped, even to him cast a mysterious color.
Graphic: John Neff (John Neff)
Finance experts who would choose fund managers to manage their money? » A good answer is: John Neff, the little-known in non-financial sector from Pennsylvania, fiscal experts. In the investment community is almost unknown outside, but because of his Life without striking a low profile. His behaviour totally unlike Wall Street's prominent figures, Daoxiang the central and western regions of the United States is an ordinary official.
From the city centre near a residential, a 30-year-old wife, and even some ordinary clutter of clothing is the husband's life did not luxurious office, the paper clutter Daoxiang student hostels. He never concerned about the newspaper, not to mention the gossip. Many other social sectors may be unknown to him, but he is indeed America's most prestigious financial figures, in fact, several polls showed that he is the fund managers to manage their own money the first choice manager.
Graphic: John Bogle
An ancient Arab leaders, in order to find his dream of mine, look over the ends of the earth, almost exhausted all the assets and eventually died of despair. Years after he left by the descendants of a ranch Liu Ma, inadvertently found a piece of dark stone, carefully read actually a diamond, and thus find a few acres of the diamond mines.
"All of these diamonds, in fact, the Arab leaders themselves back yard." Spearhead Group (Vanguard Group), founder and former CEO John Bogle stubbornly believe that fund managers look for the stock market hard, "Diamond", is precisely people Known by the market index.
1974, Bo Geer concluded that there can not beat the market index fund, launched with the benchmark index for investment in principle, the same year set up a pioneering index fund. Despite the early stage of development only more than 11 million dollars, but after several decades of development, Pioneer fund management assets has reached 884 billion U.S. dollars, half of assets from institutional investors, Vanguard Group has grown into the second-largest U.S. fund management companies.
Graphic: Michael ‧ Puli Si (Michael Price)
Michael Pu Lisi is the United States value the fund manager in the legend to the value of the investment, in particular favorite complex transactions, such as acquisition, merger, bankruptcy, liquidation, can be used to buy ultra-low-cost market was seriously underestimated the Assets of the Fund in its investment career, the participation of numerous merger, such as Sears (later renamed Xerox 100), Kodak, Macy's department store (Macy's) and Chase Manhattan Bank (Chase) and Hurray Bank ( Chemical) of the merger, and so on, are all well-known investment in the history of the event.
Michael Pu Lisi is a typical value investors, as long as he do that on the following three things, the value of investments can be successful:
Stock prices lower than the value of assets (A company selling at a discount from asset value)
The higher the holding company of the better (a management that owns share, The more, the better).
Clean balance sheet, liabilities, the less the better (A clean balance sheet, little debt so there is less financial risk)
Graphic: Julian ‧ Robertson (Julian Robertson)
By Julian Robertson ‧ management of the world's second-largest hedge fund Tiger Management Fund - the scale, second only to the international financial speculator George Soros famous by the founder of the Quantum Fund.
Aspect of the global financial markets to fund Tiger Management said the stock accurate. 1980, Robertson 8 million U.S. dollars to fund the creation of the tiger, 1998, the average annual return of 32% and thus be regarded as the godfather of the hedge fund industry-level figures. Robertson's investment strategy of "value investment" oriented, which is based on the profitability of listed companies made projections reasonable price, then buy dips approach, taking advantage of high-selling.
Graphic: Mark Mobius (Mark Mobius)
Mark Mobius on emerging market shares have 30 years of experience.
1997, 1998 for Reuters was chosen as "the best global fund managers."
1998, the United States in 1999 for Money magazine as "the world's top 10 investment master" one of the "Wall Street Journal" as "emerging markets Godfather."
1999 was the World Bank and the Organization for Economic Cooperation and Development assigned to the board of directors and corporate governance of the global team responsible for the people. British research team was "the international wealth management," the magazine named the "2001 best emerging market equity research team." Mark Mobius Management of Templeton Emerging Markets Fund has outstanding long-standing investment performance.
The "profit passport - to overseas investment Zhifuzhidao" (Passport to Profits) (1999)