In this article, we discuss 5 most famous investment gurus of all time. If you want to see more most famous investment gurus of all time, go directly to 15 Most Famous Investment Gurus of All Time.
5. Steve Cohen
Billionaire Steve Cohen is the founder of Point72 Asset Management. Although other investment gurus ranked later in this list such as Carl Icahn may be slightly wealthier than Steve Cohen according to Forbes, Steve Cohen owns the Mets and his sparring with the SEC has been the inspiration for the show Billions. Cohen’s trading style has evolved from rapidly trading in and out of stocks in his early days to hiring talented individuals to buy and hold onto stocks for longer today. Point72 Asset Management’s top position at the end of Q3 was Biogen Inc. (NASDAQ:BIIB) with the fund increasing its shares by 269% to 1.68 million shares.
4. Jim Simons
Billionaire Jim Simons is the founder of what is arguably the leading quantitative fund in the world, Renaissance Technologies which routinely buys and sells thousands of stocks each quarter based on sophisticated computer algorithms. Given that Renaissance Technologies has become gigantic over time, the fund’s performance has lagged the market in some time periods in recent years. Nevertheless, Renaissance Technologies’ flagship fund that’s employee only, Medallion Fund, is still a top fund. Jim Simons is also one of the wealthiest men in the world with a net worth of $28.1 billion according to Forbes.
Renaissance Technologies biggest 13F equity position at the end of the third quarter was Novo Nordisk A/S (NYSE:NVO) in which the fund held 15.31 million shares.
3. John (Jack) Bogle
Jack Bogle was the founder of The Vanguard Group which is a leading asset manager which has assets under management of $8.1 trillion in 2022.
Bogle was a champion of the average investor and helped tens of millions invest better by being the ‘father of indexing’ given The Vanguard Group launched the first index fund for individual investor in The Vanguard 500 Index Fund Admiral Shares (VFIAX). The Vanguard 500 Index Fund Admiral Shares (VFIAX) “is a low-cost way to gain diversified exposure to the U.S. equity market. The fund offers exposure to 500 of the largest U.S. companies, which span many different industries and account for about three-fourths of the U.S. stock market’s value.” It has a 0.04% expense ratio and its performance in the long term has beaten many active funds over the years.
2. George Soros
George Soros is the founder of Soros Fund Management which is one of the leading macro funds in history. Soros is famous for shorting the British pound in 1992 and making a $1 billion profit as a result. Given his dedication to giving to philanthropy earlier, George Soros isn’t as wealthy as Warren Buffett even though he has had a similar level of success. Soros Fund Management’s top position at the end of Q3 was a stock that hasn’t done very well in 2022, Rivian Automotive, Inc. (NASDAQ:RIVN) with 16.36 million shares.
1. Warren Buffett
Warren Buffett is the founder of Berkshire Hathaway which is also one of the largest conglomerates in the world. Of the people on this list, Buffett is the most famous given his media appearances and his annual meeting for Berkshire Hathaway investors. Buffett is known for being a value investor who likes to buy high quality companies with competitive advantages and hold them ideally forever. Despite having already donated over $49 billion, Buffett is still worth around $109.5 billion given his investing prowess. Buffett plans to donate over 99% of his wealth.
At the end of September, Berkshire Hathaway’s largest position was in Apple Inc. (NASDAQ:AAPL) with a holding of 894.8 million shares. Warren Buffett ranks #1 on our list of 15 Most Famous Investment Gurus of All Time.
You can also take a look at 15 Biggest Banks In The World and Ken Griffin Stock Portfolio: Top 10 Stock Picks.