The investing realm has seen rich men after rich men––some tyrants, some liberal. However, only some have stayed consistently besides that of the richest. It’s quite impressive that some have taken so much value in investing; case in hand, Warren Buffett.
Others, however, have proven to be excellent in hedge funds like George Soros and Ray Dalio. Of course, there comes a time when investors all around the world have managed to beat the markets, and that could include you, in fact. Only a few, though, have stayed consistent over long periods of time.
That’s the name of the game: consistency. This one factor is the only factor that goes in-between decent investors among the best––and we’re not only talking about stocks and trading.
There have been a few that have survived the ravage of the ever-changing market, year in and year out. Here are a few names of the investors that have beaten the markets consistently––creating heaps of dollars from the world that is investing.
1. Warren Buffet (Net Worth: $85.6 billion)
How is it a “richest stock investors” list without the Oracle of Omaha, Warren Buffet. Buffet has had one of the wildest rags-to-riches stories––judging, really, by how much he has today. From delivering newspapers in Washington D.C. to now leading Berkshire Hathaway, the American multinational conglomerate, as Chairman and CEO.
If there was an icon for consistency in the stock investing world, this man’s face would be posted all around the world––and it already is. Following the principles of Benjamin Graham, his teacher, he is the true pioneer of value investing. Since 1965, he has amassed an annual return of more than 20 percent––possibly one of, if not, the greatest investment careers in the world.
With a net worth of more than $85 billion, his top portfolios include Apple Incorporation, Wells Fargo, Bank of America Corporation, The Coca-Cola Co., and Kraft Heinz among all else.
2. Carl Icahn (Net Worth: $14.7 billion)
Alongside Buffett as one of the more recognizable names in the business is Carl Icahn. For over 50 years, Icahn has stood victorious over the stock market. Hailing from Queens, New York, Icahn first started out in the business as a stockbroker and eventually became fond of arbitrage and options trading.
His career, however, has been nothing less of success when he became a corporate mogul––taking over positions in big companies like TWA, RJR, Nabisco, US Steel, and even Time-Warner. That list of companies hasn’t even scratched the surface.
3. Michael Bloomberg (Net Worth: $54.9 billion)
Nothing much to say here, really, but Michael Bloomberg. It’s no rags to riches story, but his consistency has been platinum in itself. Initially starting to invest with $10 million from his financial analysis company, he has become one of the richest investors in the world with a net worth of approximately more than $54 billion.
An author, philanthropist, as well as an active politician, this man has no problem shelling out millions and millions of dollars during his campaigns all around the United States and most especially his residency as Mayor of New York from 2002 to 2013.
4. James Simons (Net Worth: $23.5 billion)
At first, Simons wasn’t even remotely close to a financial career. Having graduated from MIT with a BS in Mathematics as well as UC Berkeley with the same Ph.D., Simons was well off into his career with the National Security Agency and their code-breaking program during the Vietnam War.
Eventually, Simons found his way back into education––becoming the chairman of the math department for Stony Brook University. However, he founded Renaissance Technologies in 1982 and the company serves as a hedge fund manager that is able to operate three funds. Since then, it has always been considered to be one of the most successful hedge funds in the history of hedge funds––returning an average of a whopping 35% annually, after fees, to their investors.
5. George Soros (Net Worth: $8.6 billion)
Soros’ name has always been involved with money. In fact, he’s well-known for his stint on the Bank of England with a currency play––not only making a billion-dollar profit and proved to be one of the most feared players in the stock market.
In 1973, he started his flagship Quantum Fund in the efforts to earn $500,000 in five years to fund his dreams to become a writer and a philosopher. 40 years later, he’s sitting comfortably on not only $500,000 but $40 billion in profits.
Funnily, his son, Robert, said that his father’s investment strategy has a lot to do with his physical discomfort. Take, for example, his back––when it hurts, it’s automatically a sign for Soros to sell a position.
Soros is filthy rich, yes, but that doesn’t stop him from donating his money to charity through his organizations. A good man, him!
6. Joseph Safra (Net Worth: $22.8 billion)
Brazil’s richest man; need I say more? Safra, who passed away recently, has built an empire that has spanned through continents with over $85 billion in banking assets.
Safra wasn’t made to become this successful of a stock investor––he was born to be one. His family dynasty began a global banking influence by financing camel-caravan traders during the Ottoman Empire. Safra, however, saw to it that he needed to expand his reach into New York and Europe through the Safra National Bank of New York, Bank J Safra Sarason AG, and Sao Paulo-based Banco Sadra SA, their family’s flagship.
His real estate empire amasses $2.3 billion and includes The Gherkin in London and 660 Madison Avenue.
7. Julian Robertson (Net Worth: $4.3 billion)
In 1980, Robertson founded Tiger Management Corp. with initial funds from his family and friends. The corporation grew bigger and at one point in time, the fund managed a total of $22 billion.
Robertson has led the corporation to massive success. Behind the success, of course, is the founder’s simple philosophy.
“Find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short them. If the 200 best don’t do better than the 200 worst, you should probably be in another business.”
All throughout his career, Robertson has proved to be one of the best of the best. Even he has bred other people to be run successful funds of and by their own. However, in 2000, Robertson closed his fun after a few mishaps––especially after a bad investment with U.S. Airways.
8. Ray Dalio (Net Worth: $16.9 billion)
Ray Dalio needs no introduction. He runs the largest hedge fund in the world, Bridgewater Associated, and has been reported to have more than $16 billion in net worth.
Ever since the hedge fund was created in 1979, the investment firm has grown successfully enough to handle over $160 billion in assets under management.
Investing in stocks requires a few things from those who wish to participate in it––one being allocating really well. Dalio is considered to be the top dog in that category––making him the asset allocation specialist and believes that over time, asset classes will improve and will provide better returns than cash.
Asset classes have been the name of the game for Dalio and it has served him well throughout the years with consistent returns to his two major hedge funds in The All Weather Fund and The Pure Alpha Fund.
Dalio has even developed the Investment Approach that the fund has religiously been following to provide consistent returns over a long period of time and lessening the risks taken through the years.