The 5 most influential investors

The 5 most influential investors

September 2, 2022
23 days ago

The 5 most influential investors

Surely you have a mirror to look into in your investment landscape. In this article you will discover the stories of five people who, for one reason or another, have managed to make a name for themselves in the investment world.

Different profiles that tell us stories of success and failure, but, in any case, of a learning experience that can be very useful and inspirational.

Warren Buffett, the Oracle of Omaha

Warren Buffett's story is that of a self-made person. The son of a small investor who ended up becoming a congressman, he was born in Omaha, Nebraska.

The difficulties he went through at an early age made him change his mind about his way of understanding life, and he decided that what he wanted to do was to become rich. He had the gumption to start selling some candy on a busy street, as he saw that he had a better chance of success.

As a teenager he bought some stocks that quickly lost value, but he had the temperance to be able to wait and sell them more expensively some time later. This was one of his key lessons in becoming a shrewd person.

In 1962 he became the owner of Berkshire Hathaway, a partnership of shares of very important U.S. companies. From that moment on, he has not stopped investing and executing winning stocks. He is the fifth richest person in the world. His keys are not to invest in things you don't know how they work, to prefer companies with very large markets with recurring use and loyal buyers, and in companies that do not require large investments once they are up and running.

"The difference between successful people and successful people is that really successful people know how to say no to almost everything."

Jesse Livermore, the great bear of Wall Street

Jesse Livermore's story is marked by a very difficult start in life, but one that leads him to learn to read very quickly and begin to soak up all kinds of financial information. At the age of 14 he has to leave home and falls into the arms of an investor.

Together with him he starts a job as the boy who marks the prices on the blackboards at the Boston Stock Exchange. He manages to become fond of this world and makes his first investments, which give him small profits.

But his sense of smell does not stop, and little by little he makes more and more money, so that he can move to New York and begin to make more important investments. It is said that he is the trader par excellence, since he was able to earn millions in one day, although he also had some heavy losses. But he always managed to recover. He ended his life with a gun, having more than 5 million dollars from the 1940s in assets.

"Markets are never wrong; opinions often."

Elon Musk, #1 on the Forbes list.

This person never ceases to be topical, although he was already born into an environment of abundance. At a very young age, he started doing business, programmed a game at the age of 12 and managed to sell it. He has a very restless mentality, but he has a solid university education and a very high IQ, around 150. His first company was a website maintenance company in the mid-1990s, and he managed to sell it for $300 million.

It was already the beginning of a career destined to be totally successful.

He is the co-founder and director of Tesla, SpaceX, Neuralink and The Boring Company, companies in the technology field. He has tried to take control of Twitter, without giving up yet. He is the richest person in the world according to the Forbes list.

"Great companies are built on great products."

Ingeborg Mootz, the grandmother trader

Perhaps one of the most incredible stories and one that is still a success story worthy of study. This German woman led a normal and ordinary life as a housewife, with the problem that her husband would not let her do practically anything, not even work.

When he died, when she was 75 years old, she discovered that her husband had quite a few shares in the company where he had worked. She therefore began the task of gathering information, studying, analyzing and selling. She was not resigned to being a person who was going to live on her husband's pension; her time had come and she was going to dedicate herself to making a profit.

And she succeeded, in just eight years she made a return of 500,000 euros. Ingeborg is a trader who does not keep up with the times, as she did not use the Internet at first, only the financial information in the newspapers, which she analyzed conscientiously.

According to her, she is driven by her woman's intuition, but there is no doubt that her excellent analytical work leads her to always perform actions that she ends up winning.

"My strategy is simple, I buy low and sell high."

Richard Dennis, father of the turtles

The case of Richard Denis is worthy of study. Born in Chicago in 1949, at the age of 21 he borrowed $1600, which he turned into $200 million in the short space of 10 years.

He is convinced that trading is an activity that can be learned, and for which no special requirements are necessary, only study and perseverance. When he was already a successful trader, and on his return from a trip to Singapore, he recruited a group of 13 people whom he trained for two weeks in Chicago. He called them the turtles, and gave them accounts with real money. Thanks to his instructions, these thirteen investors made a return of $175 million in total.

The turtles' nickname came from the fact that he had seen turtles being bred in Singapore for production, and he gave the trainee traders the same treatment.

Trading decisions should be made as unemotionally as possible".

These 5 very different profiles of influential investors can serve as inspiration, as well as to acquire a culture that we can apply in any area of our lives.

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