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Investor portraits

Real people, real methods, and what each of them paid for it.

30 articles

The Astor formula, and what Rothschild and Rockefeller added

John Jacob Astor traded beaver pelts for Manhattan land, and three generations lived off the rent. Then the fortune was split and spent. Rothschild and Rockefeller had two things the Astors did not.

12 min read
Koos Bekker, the man who held Tencent for fourteen years

Koos Bekker put 32 million dollars into Tencent at the point of maximum pessimism, then held for fourteen years without selling. On the discipline of holding, capital allocation, and building a career from nothing.

13 min read
Duan Yongping: The Man Who Calls His Hundred-Million-Dollar Gain a Mistake

Duan Yongping made hundreds of millions of dollars on GE and still files it under mistakes. A portrait of the investor behind OPPO and vivo, and of the double filter that rules a company out before valuation begins.

23 min read
Wang Yung-ching and the low-cost moat
10 min read
Zhong Shanshan: Anatomy of a Money Machine Made of Water
18 min read
Zong Qinghou and Wahaha: starting a business at 42
13 min read
Nguyen Duc Tai and MWG: portrait of an outsider in Vietnamese retail
10 min read
Fayez Sarofim, the Sphinx of Houston who sat still

From 100,000 dollars and his father's instruction not to draw a salary, Fayez Sarofim built a 30 billion dollar empire on something rare: patience. A portrait of the Sphinx of Houston.

9 min read
Jim Pattison: the man who built an empire in silence
9 min read
Singleton's acquisition formula: the currency, and the screen
5 min read
John Malone, the Cable Cowboy, and capital allocation
10 min read
Henry Singleton: a company as an arithmetic problem
9 min read
Li Lu: The Student Who Went Looking for a Free Lunch
22 min read
Prem Watsa, Canada's Warren Buffett
10 min read
Donald Yacktman: catch the wind
9 min read
Marty Whitman: safe first, cheap second
8 min read
Jean-Marie Eveillard, the global value investor
9 min read
Mario Gabelli: private market value with a catalyst
8 min read
Charles Brandes, the broker who met Benjamin Graham
12 min read
John Templeton: buy at the point of maximum pessimism
6 min read
Irving Kahn: 109 years old, 86 years investing
6 min read
Michael Lee-Chin: a five-point formula, unchanged for 45 years
6 min read
Seth Klarman, the Oracle of Boston
6 min read
Walter Schloss, the great value investor in a closet
8 min read
Mitchell Morgan: from a bankrupt shoe store to billionaire
6 min read
Hetty Green, the first value investor
7 min read
Charlie Allen: the merchant bank behind Richard Rainwater
5 min read
Allen & Company, Wall Street's secret merchant bank
10 min read
Allen & Company's third generation: Herb III
8 min read
Richard Rainwater, the great investor nobody in Vietnam has heard of
7 min read