![]() ![]() He famously bought Motorola stock in 1955, and held it until his death in 2004. Fisher achieved excellent returns for himself and his clients during his 70 year career.įisher focused on investing for the long term. He started his own investment firm, Fisher & Company, in 1931, and managed it until his retirement in 1999 at the age of 91. Philip Fisher is the father of investing in growth stocks. ![]() It's one of my favorite books of all time.Įstimated Net Worth: $98 Billion Philip Fisher Many have criticized him for avoiding tech companies and other industries, but by sticking to what he knows, he has been able to realize amazing returns.Ĭheck out his biography, The Snowball: Warren Buffett and the Business of Life. He looks for companies he understands and keeps it very simple. buying companies for a low price, improving them via management or other changes, and realizing long term improvements in stock price (also known as value investing). Today, he has turned that initial amount into around $100 billion!īuffett's investment focus is very simple. When he stated his partnerships, he had a personal savings of around $174,000. Prior to his partnerships, Buffett held various investment jobs, with his last earning him $12,000 per year. Warren Buffett is widely regarded as the most successful investor in the world based on the amount of capital he started with and what he was able to grow it into. While his $80 million net worth may not seem like much, Vanguard has grown to managing over $5 trillion in assets. ![]() He even has dedicated followers known as bogleheads.Ĭheck out his most well known book, The Little Book of Common Sense Investing, where he shares a lot of these views. Use past performance only to determine consistency and risk.Consider carefully the added cost of advice.Bogle likes to keep his investing style extremely simple, and has highlighted eight basic rules for investors: With his new company and a new idea for index mutual funds, Bogle would grow The Vanguard Group into the second largest mutual fund company. Although he was fired for a bad merger, he learned a huge lesson and went on to found The Vanguard Group. He graduated from Princeton University and went to work at Wellington Management Company, where he quickly rose through the ranks to Chairman. Jack Bogle was the founder of The Vanguard Group, which most people associate with low cost mutual funds. ![]()
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