Financial Gurus: Who Are They and What Can They Teach Us?
Financial Gurus: Who Are They and What Can They Teach Us?
Wed, April 20, 2022, Top 10 Financial Gurus to Learn From
By Eric Whiteside Updated April 20, 2022 Reviewed By Thomas Brock
Learn more about investing by reviewing lessons from major financial advisors
History's most famous financial advisors are known for very different reasons. They include successful investors who share their knowledge with the masses, television celebrities who write books, and criminals who stole millions of dollars. Ten of the most famous financial advisors are discussed below.
KEY TAKEAWAYS
Famous financial advisors became household names for a variety of reasons.
Benjamin Graham and Warren Buffet are among the most common traditional financial advisors that relied heavily on value investing.
Several financial advisors such as Dave Ramsey and Robert Kiyosaki are most known for their print publications.
TV personals including Suze Orman and Ben Stein are recognizable financial advisors.
Charles Ponzi and Bernie Madoff made a name for themselves due to their financial crimes.
Benjamin Graham
Benjamin Graham is known as the father of value investing which involves identifying and buying undervalued stocks that have the potential to grow over time.1 To calculate a company's intrinsic value, his approach eschews trends and hot ideas and relies instead on diligent research, thorough financial analysis, and patience— standard concepts today, but revolutionary when he introduced it in the 1930s.
Graham’s disciples include many of the most successful investors of the last 70 years. His 1949 book The Intelligent Investor remains a must-read for all asset managers and stock traders, whatever their investment approach.2
Warren Buffett
Investor Warren Buffett, the "Oracle of Omaha," is one of Graham’s most famous followers. Buffett has openly attributed his remarkable track record to Graham's principles.2 The one rule of Graham's that Buffett does not always follow is to diversify: He often prefers to concentrate investments in companies.
3,641,613% Gain
Had you invested $1 in Berkshire Hathaway in 1964, your investment would have been worth $3,641,613 at the end of 2021.3
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