The fortune of investors 5?
Guy Spier has run the Aquamarine Fund for 20 years, racking up a stellar record of market beating returns. Given his enormous success, many value investors want to find out exactly how he's doing it. One place to look is in Spier's book, The Education of a Value Investor.
- If you can't afford to invest yet, don't. It's true that starting to invest early can give your investments more time to grow over the long term. ...
- Set your investment expectations. ...
- Understand your investment. ...
- Diversify. ...
- Take a long-term view. ...
- Keep on top of your investments.
Guy Spier has run the Aquamarine Fund for 20 years, racking up a stellar record of market beating returns. Given his enormous success, many value investors want to find out exactly how he's doing it. One place to look is in Spier's book, The Education of a Value Investor.
Wealth and philanthropy
In 2006, Boston Magazine named Lynch in the top 50 wealthiest Bostonians ranking him 40th with an overall net worth of $352 million USD.
Referred to as the “Oracle of Omaha,” Warren Buffett is viewed as one of the most successful investors in history. Following the principles set out by Benjamin Graham, he has amassed a multibillion-dollar fortune mainly through buying stocks and companies through Berkshire Hathaway.
The 70/30 rule is a guideline for managing money that says you should invest 70% of your money and save 30%. This rule is also known as the Warren Buffett Rule of Budgeting, and it's a good way to keep your finances in order.
50 - Consider allocating no more than 50 percent of take-home pay to essential expenses. 15 - Try to save 15 percent of pretax income (including employer contributions) for retirement. 5 - Save for the unexpected by keeping 5 percent of take-home pay in short-term savings for unplanned expenses.
He also serves on the advisory board of Horasis, and is a co-host of TEDxZurich. Spier is a member of YPO, EO, Zurich Minds and the Latticework Club. Aquamarine has offices in New York, London and Zurich where Mr. Spier currently resides with his wife Lory and their three children, Eva, Isaac and Sarah.
Welcome to my personal online home. I manage the Aquamarine Fund. We have $350 million in assets and around 150 investors – a group including friends and family and others who have decided to join me in this journey. I am the author “The Education of a Value Investor”.
Spier lives in Zurich with his wife Lory and three children – Eva, Isaac and Sarah.
What are good stocks to buy in a recession?
| Stock | Implied upside from Nov. 27 Closing Price |
|---|---|
| Walmart Inc. (ticker: WMT) | 16.1% |
| Abbott Laboratories (ABT) | 10% |
| Synopsys Inc. (SNPS) | 3% |
| Accenture PLC (ACN) | 2.6% |
The Warren Buffett Portfolio obtained a 9.64% compound annual return, with a 13.66% standard deviation, in the last 30 Years. The US Stocks Portfolio obtained a 10.02% compound annual return, with a 15.54% standard deviation, in the last 30 Years.
Is Mohnish Pabrai a Billionaire? In 2023, Pabrai was estimated to be worth about $2 billion.
Warren Buffett is widely considered the greatest investor in the world. Born in 1930 in Omaha, Nebraska, Buffett began investing at a young age and became the chairman and CEO of Berkshire Hathaway, one of the world's largest and most successful investment firms.
- George Soros.
- Michael Burry.
- David Tepper.
- Jim Rogers.
- John Paulson.
- Paul Tudor Jones.
- Jesse Livermore.
- Steve Cohen.
What brokerage firms do billionaires use? Many very wealthy individuals use the top brokerage firms, such as Fidelity, Schwab, Vanguard, and TD Ameritrade, among others. They invest in private equity and hedge funds.
Conventional wisdom holds that when you hit your 70s, you should adjust your investment portfolio so it leans heavily toward low-risk bonds and cash accounts and away from higher-risk stocks and mutual funds. That strategy still has merit, according to many financial advisors.
Buffett is seen by some as the best stock-picker in history and his investment philosophies have influenced countless other investors. One of his most famous sayings is "Rule No. 1: Never lose money.
Warren Buffett has said that 90 percent of the money he leaves to his wife should be invested in stocks, with just 10 percent in cash. Does that work for non-billionaires? As far as asset allocation advice goes, 90 percent in stocks sounds pretty aggressive.
The 4% rule is a popular retirement withdrawal strategy that suggests retirees can safely withdraw the amount equal to 4% of their savings during the year they retire and then adjust for inflation each subsequent year for 30 years.
How much should I save outside of retirement?
It's our simple guideline for saving and spending: Aim to allocate no more than 50% of take-home pay to essential expenses, save 15% of pretax income for retirement savings, and keep 5% of take-home pay for short-term savings.
To estimate the number of years it would take to double your money at a 7% annual rate of return, you can use the Rule of 72. Divide 72 by the annual rate of return: 72 ÷ 7 = 10.29. So, at a 7% return rate, it would take approximately 10.29 years to double your money.
In Guy Spier's portfolio as of 30 Sep 2023, the top 5 holdings are (BRK.B) BERKSHIRE HATHAWAY INC CL-B (24.28%), (AXP) AMERICAN EXPRESS CO (15.45%), (MA) MASTERCARD INC - A (12.83%), (RACE) FERRARI NV (11.66%) and (BAC) BANK OF AMERICA CORP (10.36%).
Aquamarine Capital Management, LLCs top holdings are Berkshire Hathaway Inc. (US:BRK.B) , American Express Company (US:AXP) , Bank of America Corporation - Preferred Stock (US:BAC. PRB) , Mastercard Incorporated - Corporate Bond/Note (US:MA) , and Ferrari N.V. (US:RACE) .
- GOOGL. ALPHABET INC-CL A. 18.29% 2,543,300. $130.86. ...
- GOOG. ALPHABET INC-CL C. 22.05% 3,044,000. $131.85. ...
- AAPL. APPLE INC. 7.15% 759,600. $171.21. ...
- BAC. BANK OF AMERICA CORP. 27.20% 18,081,133. $27.38. ...
- BRK.B. BERKSHIRE HATHAWAY INC CL-B. 17.28% 897,749. ...
- EWBC. EAST WEST BANCORP INC. 8.04% 2,776,351.
