In the top 3 positions are:
- David Tepper (+15.5% in one year): He is one of the most famous and successful investors of recent decades. He is the founder and chairman of the hedge fund Appaloosa Management, which manages around $13 billion. His investments are generally focused on non-diversified and concentrated positions, particularly distressed equity and debt, fixed income instruments and derivatives.
- Warren Buffett (never fails, +13.3% in 1 year): hardly needs an introduction. He is considered one of the world’s great investors and is CEO of Berkshire Hathaway. He is adept at value investing and diversifies across sectors.
- Carl Icahn (+12.4% in 1 year): Carl Celian Icahn is an American businessman and investor, founder and majority shareholder of Icahn Enterprises, a holding company based in New York City. His estate amounts to $17.2 billion, according to Forbes magazine. Currently, Carl Icahn’s portfolio is made up of only 17 companies, of which five concentrate more than 75% of his investment. In most of it invests in energy companies.
Among the worst results are:
- Chase Coleman (-39.2% in 1 year): is an American billionaire hedge fund manager and founder of Tiger Global Management.
- stephen mandel (-24.8% in 1 year): He is an American hedge fund manager, investor and philanthropist. He founded Lone Pine Capital in 1997, after working as a managing director at Tiger Management.
- Nelson Peltz (-18.3% in 1 year): he is an American billionaire businessman and investor. He is a founding partner, along with Peter W. May and Edward P. Garden, of Trian Fund Management, a New York-based alternative investment management fund.
Taking into account that the S&P 500 index in the last year has had a return of -2.19%, of these 16 millionaires, 8 beat the index and 8 did not (50%).
Proving once again that when buying the entire market, you can hardly go wrong and can often do even better than someone with more money or more experience than the average investor.
Source: Ambito
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