9 World’s Most Popular Investment Gurus- investment industries have resulted in many of the figures that can be followed by some people. Some of them have given theoretically an application based on investing. In some aspects, these figures have many followers in the world because of their philosophy, guidance, and performance in investment areas. All of us know them and their philosophy of investment. Because of their philosophy and guidance, they have influence points of view from all investors in the world’s stock market and stakeholders. Here are 9 World’s Most Popular Investment Gurus.
Benjamin Grossbaum or commonly known as Benjamin Graham is one of the most influential famous investors in Stock Market Industries. Historically, he was born in London, May 9, 1894. He was an immigrant from England and moved to New York when he was still a baby. Later, his family changed his name to Graham.
After graduating from Columbia University, he works on Wall Street and then established Graham-Newman Partnership. After his comeback from Wall Street, he then became a lecturer in his alma mater. Most of his career is spent as a lecturer at Columbia Business School and UCLA Anderson School of Management. His expertise in Managerial economic and investing subject. He can view and find distinct aspects in valuing some instrument of investment, namely Stock, Bond, Mutual Fund. So, he can find some formulas to value some of them and it influences a lot of people to change their people’s perspective on investing. Finally, he was popular and respected as “the father of Value Investing.”
value investing is the science of mathematical economic in valuing the company. He found the Margin of Safety Formula. Its formula can be used to find super stocks at a discounted price from their normal price, but this discount is due to things unrelated to the company’s economic fundamentals. The discounted stocks can happen because of the bearish of the market or the misprice of stock price.
The margin of safety is investment guidance that can give hints in selecting an investing instruments for example stock. Investors buy shares when the market price is far below intrinsic value. explicitly, the market price of a stock is far below the calculation of intrinsic value.
In his lifetime, he has written some of the most influential books. Some of his books are Security Analysis, The Intelligent Investor, and the Interpretation of Financial Statement. Warren Buffet, his former student, and outstanding investor admit “the intelligent Investor” is the bible of investing. As a lecturer, he has some followers and students. Irving Kahn, Warren Buffet, and Sir John Templeton were one of his former notable students of Benjamin Graham.
Phillip Arthur Fisher or Commonly known as Phillip Fisher that was born on September 8th, 1907. He was best known as the author of the book “The Common Stock and Uncommon Profits.” His guidance in investing was based on the performance of the company. Some people know it as growth investing. Investing in the above-average growth of companies even the price of the company is expensive. Price in this scope is Price-to-earning-per-share (PER) or price-to-book-value ratio (PBV). Principally, it is the difference between growth investing and value investing.
Philip Fisher in his book “Common Stock and Uncommon Profits” describes some guidance to some people to valuing the stock. He describes guidance in selecting the stocks. He shows the fifteen points to look for in the common stock, the time to buy or sell, ten suggestions or prohibitions to the investors.
Jack Bogle was born in Montclair, New Jersey on May 9th, 1929. He has experienced his education at Princeton University as an economic and investment major. After graduating from Princeton in 1951, he then continued his journey and got a job in Wellington Management Company and was promoted as assistant manager. In 1971, Jack Bogle founded the Vanguard Company and makes the company a glorious era. In 2020, the total Assets Under Management (AUM) of the vanguard reached 7.1 trillion U.S dollars. It was one of the biggest AUMS in the world. The vanguard became popular with the products of an index fund. The first index fund is Vanguard 500 Index Fund.
As a leader in the Vanguard group and bringing more success n the vanguard, he also became the author of some investing books. His book is “Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor,” “The Little Book of Common-Sense Investing,” “The Battle for the Soul of Capitalism,” “John Bogle on Investing.”
Warren Edward Buffet was born on August 30th, 1930. He was known as the founder of Berkshire Hathaway and become one of the most successful investors in the world. His guidance of investing makes Berkshire Hathaway be one of the biggest companies in the world. Based on the annual report in 2020, the net income of Berkshire Hathaway reached 35.8 billion US dollars. Berkshire Hathaway has some share in some companies, namely Apple Computers, Bank of America, Coca-Cola Companies, American Express, Verizon Corporations, Kraft Heinz, BYD, Charter Communications, and many more.
Historically, he was a student of Benjamin Graham at Columbia University. Many of his investing styles was influenced by Benjamin Graham and Phillip Fisher. Some books about warren buffet and his investment strategies are The Warren Buffet Way by Robert G. Hagstrom, Berkshire Hathaway letters to shareholders 1965-2012 by Warren Buffet, The Essays of Warren Buffett: Lessons for Investors and Managers by Laurence A. Cunningham, Warren Buffett, and the Interpretation of Financial Statements: The Search for the Company with a Durable Competitive Advantage by Mary Buffett and David Clark.
Charles Thomas Munger was born in Omaha, Nebraska on January 1st, 1924. He has some experience in financial institutions. He ever became the chairman of Wesco Financial Corporations and He also founded Munger, Tolles & Olson LLP, a California law firm. Nowadays, he became the vice-chairman of Berkshire Hathaway. Charlie has some books, namely Poor Charlie’s Almanack Author by Charlie Munger and Editor by Peter D. Kaufman, and on Success by Charlie Munger.
Burton Gordon Malkiel was born on August 28th, 1932. He was known as the most popular investment book, namely “A Random Walk Down Wall Street.” in his formal education, he receives a bachelor’s degree from Boston Latin School and MBA from Harvard University in 1955. Nowadays, he becomes Chemical Bank chairman’s professor of economics at Princeton University
As an investment and economic, he has become the author of some investment books. Some of these books are A Random Walk Down Wall Street, The Elements of Investing, The Random Walk Guide to Investing, From Wall Street to the Great Wall, Global Bargain Hunting: The Investor’s Guide to Profits in Emerging Markets.
In his book of “A Random Walk Down Wall Street,” he describes some investment tips and guidance. This book was divided into four parts. The first part is Stock and its value. Part Two is How the Pros Play the Biggest Game in Town. Part Three is The New Investment Technology, meanwhile, Part Four is A Practical Guide for Random Walkers and other investors.
7.Charles D. Ellis
Charles D. Ellis was born on October 22, 1937. He is one of the popular investing figures and founded Greenwich Associates, a consulting firm for financial institutions. He has popular with “Passive Investment Strategy.” Passive investing is an investment strategy that tracks a market-weighted index. Maybe, the Index fund has more common than passive investing because the performance also correlates with a stock market index. Basically, Passive investing methods avoid the fees of transactions and minimize the trading frequently in the market.
Charles D. Ellis is also known as the author of some popular investment books. These books are Winning the Loser’s Game, The Element of Investing (Together with Burton Malkiel), The Partnership: The Making of Goldman Sachs, Capital: The Story of Long-Term Investment Excellence
8.Sir John Templeton
Sir John Marks Templeton was born in Winchester, Tennessee, on 29 November 1912. He was known as the founder of the Templeton Growth Fund in 1954 which has grown more than 13 % annually in more than 30 years. Sir John was known as one of the greatest global stock pickers because of his disciplined in investing. In his view, he rejected the technical analysis for stock trading and was more focused on using fundamental analysis. He also focuses on buying stocks that are undervalued (Value investing) that normal prices. His influential person of investment strategies was Benjamin Graham. Sir John Templeton was the student of Benjamin Graham. He also become the author of a book entitled How to Make Money in Stocks: Rules for Investment Success.
Peter Lynch was born in Newton, Massachusetts on January 19, 1944. He was known as the investment manager of Magellan Fund at Fidelity Investments between 1977 and 1990. As an investment manager at the companies, he has a 29.2% of annual return on his portfolio of investment.
Based on his publication, he became the author of some popular investment books. Lynch has written (with co-author John Rothchild) three texts on investing: One Up on Wall Street, Beating the Street, and Learn to Earn. In his book, Beating the Streets, he gives guidance to the investors of stock that is famously known as “25 Golden Rules”. Furthermore, in his book entitled by One Up on Wall Street, Peter Lynch categorizes this company into six diverse categories. These are slow growers, stalwart, Fast Growers, Cyclicals, Assets plays, and turnarounds.
Bibliography of 9 World’s Most Popular Investment Gurus
Graham, Benjamin. 2003. The Intelligent Investor. New York, NY: Harper Business.
Graham, B., & Dodd, D. L. 951. Security analysis: Principles and technique. New York: McGraw-Hill.
Fisher, P.A. 2003. Common stocks and uncommon profits. John Wiley and Sons.
Malkiel, Burton Gordon. A Random Walk down Wall Street: The Time-Tested Strategy for Successful Investing. New York: W.W. Norton, 2003.
Burton G. Malkiel, Charles D. Ellis. 2009. The Elements of Investing. ISBN: 978-0-470-58550-4. John Wiley & Sons.
Hagstrom, R. G.2005. The Warren Buffett way. Hoboken, N.J: John Wiley.
Lynch, P., & Rothchild, J. 2000. One up on Wall Street: How to use what you already know to make money in the market. New York: Simon & Schuster.
Lynch, P., & Rothchild, J. 1994. Beating the Street. New York: Simon & Schuster.
Munger, C.T., and P.T. Kaufman. 2008.Poor Charlie’s almanack: the wit and wisdom of Charles T. Munger. Walsworth Publishing Company.