World’s Best Investment Advice: Klarman, Munger, Marks, Asness, Ackman, Loeb, Singer

This article looks really well done, see below an excerpt followed by a link to the full article

In search of the world’s best investment advice


The ruling elite of the investment world are an eclectic bunch. There’s the grey-bearded sovereign debt raider, Paul Singer, a New Jersey native who brazenly confiscated an Argentinian navy ship in an African port as he took the South American nation to court to demand payment on his bonds. There’s Bill Ackman, a wealthy New York investor who has pursued Herbalife, the 30-year-old nutrition products maker, claiming it’s a pyramid scheme and betting against its shares. As other hedge funds have taken him on, he has created a battleground based on morality, class, ego and profit. There’s David Einhorn, the 45-year-old New Yorker who helped topple shaky financial firms such as Lehman Brothers with undermining slide shows. And Dan Loeb, a Californian known for penning vicious letters to the management of companies – and for the prominent arches on the balcony of his penthouse at that enclave of New York’s new rich, 15 Central Park West.

Then there are the greatest investors of all: Warren Buffett and Charlie Munger. The evergreen duo have invested studiously and confidently in the long-term prosperity of America in a way that seems too simple, to the point where young kids, pensioners and citizens of the world flock to hear him address his Berkshire Hathaway shareholders at the company’s annual meeting.

All these successful investors have varied qualities but all are ultimately admired for their investment returns. And what are the qualities that make them great investors? Well, if you ask, they might just tell you.

“The great thing about this business is everyone is trying to help you,” Seth Klarman, founder of the $US15 billion ($16?billion) Boston-based hedge fund, Baupost, told an audience of students in New York last year.

“Warren Buffett tells you how to invest; he does it generously.”

Klarman is considered one of the greats himself, a wonkier, more reclusive version of Warren Buffett. With his words ringing in my head, I set off across the United States to hear from as many of the country’s great investors as my travel budget and relatively privileged access will allow.

Full article here


Saved Articles

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted & limited time offer for being a sophisticated and loyal reader.

ValueWalkPremium is a website and newsletter on the latest industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 4/30/2020 or after the next 40 subscribers take advantage whichever comes first – please do not share this discount with others