The stock market is a very tricky game and when you decide to tread the line, who better than the magnates of the share market industry to show you the ropes? Yes, we’re talking about Pioneers of The Share Market Industry who made it really big on the numbers!
Here are the top four names who made it big in the share market industry. Brace up, and get ready to be inspired!
4 Pioneers of The Share Market Industry
When it comes to investing, Benjamin Graham deserves the first mention. Best known as “The Father of Value Investing” and the “Dean of Wall Street,” Graham was the wizard of the stock market.
He made big money both for his clients and for himself without taking hefty risks. Graham’s books ‘Security Analysis’ and ‘The Intelligent Investor’ essentially laid down the ground rules for investment and significantly transformed the stock market and investing.
In fact, Warren Buffett credits his success in the stock market to Graham.
Warren maintains that The Intelligent Investor changed his life: “If I hadn’t read that book in 1949, I’d have had a different future.”
What made Graham stand apart from the crowd was his ‘surgical’ approach to the financial analysis of companies. He was the first to leverage the power of financial analysis to understand the stock market and invest in stocks.
Yes, we know, you’ve heard his name numerous times and so has everyone else in the world. Warren Buffett, also known as the ‘Oracle of Omaha,’ is one of the most successful investors of all times and also one of the richest men in the world.
His journey in the stock market began way too early – he bought his first stock when he was only 11 years old!
He’s the CEO of Berkshire Hathaway that holds over 60 companies under its umbrella. Even today, his prowess in investment is trusted by many who look up to him for investment advice, and Warren never fails to deliver! A philanthropist, he has so far donated around $32 billion to charity and has pledged to donate 99% of his fortune to charity.
Better known as “India’s Warren Buffett,” Rakesh Jhunjhunwala is undoubtedly one of the most successful and renowned investors in India.
He got in the stock market game after completing his graduation with a CA degree.
Rakesh is an ardent believer in Warren Buffett’s investment philosophy, that is, investment is fruitful when you have the long-term picture in your mind.
His first trading in the stock market was when he sold around 5,000 Tata Tea shares for ₹143 in the market (he had bought those shares at just ₹43!).
Today, Rakesh manages his own private stock trading firm RARE Enterprises. Rakesh holds the 54th position in Forbes 2017 India Richest List.
Peter Lynch is yet another name in the list of greatest investors of all times. He shot to fame when he served as the manager of the Magellan Fund at Fidelity Investments.
In a period of thirteen years (1977-1990), Lynch managed to bag an annual average return of 29% for the Magellan Fund and scaling the fund’s assets from $18 million to a whopping $14 billion, thereby, making it one of the best performing mutual funds in the world.
When it comes to investment, Peter Lynch has often been likened to a ‘chameleon’ as he frequently sways his investment strategies according to his analysis of the prevailing market situation.
He has co-authored several books on investment such as ‘One Up on Wall Street,’ ‘Beating the Street,’ and ‘Learn to Earn’ with co-author John Rothchild.
So, are you ready to follow the path shown by these brilliant minds?
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