My how times have changed! In the past, young investors like myself would have wanted to follow in the footsteps of corporate raiders, mutual fund managers, and high profile investors. One well known corporate raider is Carl Icahn, he and other corporate raiders were legendary for taking over companies or agitating boards for significant change. There was also those legendary mutual fund managers that made people in my parent's generation a lot of money by investing through their fund. Some well know names here are Peter Lynch (Fidelity), Bill Miller (Legg Mason), Bruce Berkowitz (Fairholme), and many others. The last group of high profile investors are guys like Warren Buffet and George Soros. Today some of the most well known money makers are in the hedge fund industry. A small difference from the previous investors in the past, are hedge funds try to make money when markets are up or down by betting on and against the performance of stocks. Here is a run-down of some of my favorite hedge fund managers:
- Steve Cohen, David Einhorn, John Paulson, Seth Klarman,
- Bill Ackman, David Nierenberg, Monish Pabrai, Ray Dalio
