Max Heine “Getting A Dollar For 50 Cents” – 1982 Barron’s Interview – ValueWalk Premium

Max Heine “Getting A Dollar For 50 Cents” – 1982 Barron’s Interview

Max Heine was one of the great underappreciated value investors. After emigrating to New York during 1934, he immediately entered the securities business, and 15 years later he founded the Mutual Shares Corporation, one of the world's first open-ended mutual funds.

Heine's strategy was simple; buy undervalued stocks targeting a 15% annual return, despite market fluctuations. But his activities weren't just limited to stocks. Mutual Shares Corporation was more of a hedge fund by today’s standards.

Through a blend of arbitrage, shareholder . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0