Contrarian investor Mike Dever shared with us 2 vital lessons he learned from his highly profitable association with legendary trader Paul Tudor Jones
Mike Dever is the CEO of Brandywine Asset Management, and an investor with 40 years' experience.Dever says Jones delivered huge returns for Dever's clients, and explains what he learned from Jones.He's run Brandywine Asset Management for more than 40 years and published a book called"Jackass Investing" about the myths that make people invest irrationally and lose money.
So Dever turned to Jones, who was already being recognized for an aggressive and very successful approach. That was enough to satisfy most of Dever's investors, although he recalls that some withdrew their money after a three-month period of losses — and missed out on a couple of years of huge gains.According to an investor letter Dever forwarded to Insider, Jones' Tudor Futures Fund reported net asset growth of more than 1,900% from September 1984 to August 1989. By the latter date, the Tudor Group had accumulated more than $500 million in assets under management.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Lincolnwood business owner helped smuggle workers to US through Romanian kingpin: indictmentTudor Deaconu and the smugglers communicated on WhatsApp and Facebook, the indictment says.
Leer más »
Liberty's Courtney Vandersloot in concussion protocol, Jonquel Jones restricted due to foot stress injuryThe New York Liberty became one of the WNBA's most exciting teams during the offseason. With training camp underway, two of the team's superstars Courtney Vandersloot and Jonquel Jones are not at full capacity.
Leer más »
Jury reaches verdict in 'ComEd 4' trial surrounding ex-Illinois House Speaker Mike MadiganTuesday marked day five of deliberations in the trial.
Leer más »
Indiana Jones Art Captures Harrison Ford's Iconic Temple Of Doom LookAn Indiana Jones fan art captures Harrison Ford's iconic look from Indiana Jones and the Temple of Doom, accompanied by a stylized whip.
Leer más »
All defendants found guilty on all counts in 'ComEd 4' trial surrounding ex-Speaker Mike MadiganTuesday marked day five of deliberations in the trial.
Leer más »
Guilty verdict in 'ComEd 4' trial is likely to be bad news for Mike MadiganMadigan is set to go on trial next year.
Leer más »