Investment Strategies: A Guide to Fund Managers and Investment Styles, Summaries of Business

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Investing Perspective Investments and Markets

Investment Gurus & Philosophy

Investment Manager

Fund Managers and Invest Managers What Does Fund Manager Mean? The person(s) resposible for implementing a fund's investing strategy and managing its portfolio trading activities. A fund can be managed by one person, by two people as co-managers and by a team of three or more people. Fund managers are paid a fee for their work, which is a percentage of the fund's average assets under management. Also known as an "investment manager". http://www.investopedia.com/terms/f/fundmanager.asp

Some Gurus to Remember

Gurus Gurus & Mega Companies

 Edward Johnson, III

 Sir John Templeton

 Warren Buffett

 Bill O’Neil

 Gerald Loeb

 Jim Cramer

 Bill Miller

 Bloomberg

 Prince Al-Waleed  Charles Schwab  Merril Lynch  Goldman Sachs

Sir John Templeton

 He rejected technical analysis for stock trading, preferring instead to use fundamental analysis.[6]

 Templeton became a billionaire[3][4][5][6][7][8]^ by pioneering the use of globally diversified mutual funds. His Templeton Growth, Ltd. (investment fund), established in 1954, was among the first who invested in Japan in the middle of the 1960s.[9]^ He is noted for buying 100 shares of each company for less than $1 ($16 in current dollar terms) a share in 1939 and making many times the money back in a 4 year period. [10]

Warren Buffett

 Often called the "legendary investor Warren Buffett",[4][5]^ he is the primary shareholder, chairman and CEO of Berkshire Hathaway.[6]

 Buffett is called the "Oracle of Omaha"[8]^ or the "Sage of Omaha"[9]^ and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth.[10]

 In 2008 he was ranked by Forbes as the richest person in the world with an estimated net worth of approximately US$ billion.[90]

William J. O'Neil

 William J. O'Neil (born March 25, 1933) is an American entrepreneur, stockbroker and writer, who founded the business newspaper Investor's Business Daily and the stock brokerage firm William O'Neil + Co. Inc. He is the author of the books How to Make Money in Stocks and 24 Essential Lessons for Investment Success and is the creator of the CAN SLIM investment strategy.

 He bought a seat on the NYSE at age 30 (the youngest at that time ever to do so)

Cramer

 James J. "Jim" Cramer (born February 10, 1955) is an American television personality, a former hedge fund manager, and a best-selling author. Cramer is the host of CNBC's Mad Money and a co-founder and chairman of TheStreet.com, Inc.

Bill Miller

 Bill Miller is Chairman and Chief Investment Officer of Legg Mason Capital Management, a subsidiary of Legg Mason Inc. He is currently the portfolio manager of the Legg Mason Value Trust (MUTF: LMVTX) and the Legg Mason Opportunity Trust mutual funds.

 Money magazine named Miller as "The Greatest Money Manager of the 1990's". Morningstar named him "Domestic Equity Manager of the Year" in 1998 and "Fund Manager of the Decade" in 1999.[4]

 Quote:^ "Lowest average cost wins."

Prince Al-Waleed bin Talal

 Prince Al-Waleed bin Talal (also spelled Waleed bin Talal) (Arabic: الوليد بن طالل بن عبد العزيز آل سعود; born 7 March 1955 ) is a member of the Saudi Royal Family. He is the nephew of the Saudi Arabian King Abdullah. An entrepreneur and international investor but without real political power within the House of Saud or in Saudi Arabia, he has amassed a fortune through investments in real estate and the stock market.  As of March 2010, his net worth is estimated at US$19.4 billion, up from $13. billion, according to Forbes, making him the 19 th richest person in the world on their list published in March 2010 .[2]^ He has been nicknamed by Time magazine as the ArabianWarren Buffett .[3]  He has invested in the best companies and new technology worldwide such as large early investments in AOL, Apple Inc., MCI Inc., Motorola, News Corporation Ltd and other technology and media companies

Charles R. Schwab

 Charles R. Schwab (born July 29, 1937) is the founder and chairman of the Charles Schwab Corporation.  Practical Investor  Examples: Utilities, Phone/Telecom - Beating Inflation  Schwab is hi tech and offers just about anything the investor would need.  The Charles Schwab Corporation (NYSE: SCHW), based in San Francisco, California, is a company founded as a traditional (brick-and-mortar) brokerage house, and which today is one of the world's largest discount brokers.[4]  Schwab was the first online discount brokers in the industry and has maintained its simple platform with simple tools for the novice (^14) trader.[8]

Merrill Lynch

 Charles Edward Merrill (October 19, 1885 – October 6,

1956. was an American philanthropist, stockbroker and co- founder of Merrill Lynch & Company (previously called Charles E. Merrill & Co.).

 Bank of America Merrill Lynch [1]^ is the investment banking and wealth management division of Bank of America. With over 15,000 brokers and $2.2 trillion in client assets it is the world's largest brokerage.[2]^ Formerly known as Merrill Lynch & Co., Inc. , prior to 2009 the firm was publicly owned and traded on the New York Stock Exchange under the ticker symbol MER.

Wealth Metaphysics & Psychology

 Think and Grow Rich – Napoleon Hill

 Suze Orman (The 9 Steps to Financial Freedom)

 Robert Kiyosaki (Rich Dad, Poor Dad)

 Thomas Stanley (The Millionaire Mind, The Millionaire Next Door)

 Wayne Dyer

 T Harv Eker

 Richest Man in Babylon – 10% Rule

Harv Eker & The Money Mgt

 T. Harv Eker is a motivational speaker and touring lecturer best known for his bestselling book, Secrets of the Millionaire Mind.  1) 10 percent - Financial Freedom Account. The money in this account - only be used for investment and the original capital shall never be withdrawn.  2) 10 percent - Long Term Saving for Spending Account.  3) 10 percent - Education Account.  4) 10 percent - Play Account. Celebrate Buy Clothest etc.  5) 50-555 percent - Necessities Account  6) 5-10 percent – Donations, Charity, House of Worship, Schoolsm Hospitals, etc…Account.

Hedge Funds and Fund Managers

 Largest hedge fund managers

 The 25 largest hedge fund managers had $519.7 billion in assets under management as of December 31, 2009. The largest manager is JP Morgan Chase ($53.5 billion) followed by Bridgewater Associates ($43.6 billion), Paulson & Co. ($32 billion), Brevan Howard ($27 billion), and Soros Fund Management ($ billion).[6]

 A hedge fund manager will typically receive both a management fee and a performance fee (also known as an incentive fee) from the fund. A typical manager may charge fees of "2 and 20", which refers to a management fee of 2% of the fund's net asset value each year and a performance fee of 20% of the fund's profit.[1]