Peter Lynch
Famous Quote:
“Your investor’s edge is not something you get from Wall Street experts. It’s something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand.”
Age: 74 , Managed Fidelity Investments
Assets Under Management (AUM): $2.4 trillion
Image source: Twitter
When it comes to playing it safe, index funds that encapsulate the market as a whole have been very solid investments over the years. For decades, diversified portfolios have been fattening up a lot of people’s retirement funds – thanks to the overall global growth that we’ve witnessed (interrupted by some sporadic recessions). The S&P500 Index has done very well, and only some of the most talented investors around have managed to generate better returns – and you can include Peter Lynch in that list.
Lynch is known mostly from his management of the Fidelity Magellan fund, where he beat the S&P500’s annual growth for 11 of the 13 years that he was there (up until 1990). He consistently achieved more than double the index’s yearly returns and helped lift the organization’s assets from $18 million to $14 billion in value. This legendary investor coined the phrase “invest in what you know” – which I bet you’ve heard before!
Next Slide – This Legendary Investor has
$702.1 BILLIONS Under Management
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Warren Buffett
Famous Quote:
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
Age: 87 , CEO of Berkshire Hathaway
Assets Under Management (AUM): $702.1 billion
Twitter: @WarrenBuffett (1.4 m followers)
Image source: wikimedia
This is a name that you’ve certainly heard before: Warren Buffett. Across the globe, he is widely known as being the most successful investor in history – mostly because of the small amount of money he started out with (he is currently worth close to $85 billion). Mr. Buffett is referenced constantly in all sorts of financial publications, and investor hopefuls take his advice extremely seriously.
If you open up the front pages of news sites like Business Insider or Forbes, you are likely to see a link with Buffett’s name mentioned – and there is a reason for that. He heads Berkshire Hathaway, and literally makes markets move wildly in either direction by just making a simple comment. His students have learned to understand the value of companies by paying attention to earnings conference calls and understanding their balance sheets – as well as only evaluating the price of a share after properly having confidence in the organization.
Next Slide – This Legendary Investor has
$5.1 TRILLION Under Management
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