World's 3 Great Investors
>> Sunday, December 13, 2009
1. WARREN BUFFETT
Buffett made an enormous fortune from astute investments, particularly through his company Berkshire Hathaway, of which he is the largest shareholder and CEO. Berkshire Hathaway has about $2 billion in holdings.
2. JOHN C BOGLE
Bogle is the founder and retired CEO of The Vanguard Group. Under his leadership, the company grew to be the second largest mutual fund company in the world. Bogle is famous for his insistence in numerous media appearances and in writing on the superiority of index funds over traditional actively-managed mutual funds.
3. PETER LYNCH
Lynch, an accomplished Wall Street stock investor, he is a research consultant at Fidelity Investments. His most famous principle is: 'Invest in what you know,' popularising the economic concept of 'local knowledge.'
-
What can we learn from these great investors?
1. Investing can make one the richest man in the world.
2. Index funds are superior to actively managed mutual funds.
3. Only invest in what you know.
Therefore, it is important to invest, but first you need to know what you are investing in. Move forward by getting yourself properly educated in investing. If you are already invested in actively managed unit trusts, you should find out more about index funds or ETFs.
0 comments:
Post a Comment