Famous Investors: Who Has the Best Stock Picking Record?
The greatest investors have long track records of generating market-crushing returns over their investing careers. Their successes, in turn, enrich the investors who entrust them with their money. Their uncanny ability to create wealth is what makes them famous.
Here’s a closer look at some of the most well-known investors in the world:
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1. Bill Ackman
1. Bill Ackman
Bill Ackman manages hedge fund Pershing Square Capital Management. He has a history of producing impressive returns. In the 18-year period from 2003 to 2021, Ackman generated a 17.1% annualized return, significantly outperforming the S&P 500’s (SNPINDEX:^GSPC) 10.2% annualized return. Like many investors, Ackman’s performance has suffered…