Homepage / Bullion Investment Basics: Investing Gurus
An Investing Guru is someone who is considered an experts in their professional field of trade.
This page was set-up to help you understand how individuals become Investing Gurus, and to help you become a guru in your own right.
At an early age, my uncle got me interested in investing by showing me a dividend check. After he had explained to me what dividends were, I knew I wanted to learn more about investing.
At this time, in mid-80's, Louis Rukeyser's Wall Street Week was virtually the only investing show there was on TV. There was no CNBC or Fox Business in those days.
Louis Rukeyser had a few guests on his show that I gravitated towards, these investors were Sir John Templeton and Peter Lynch.
I found them both very interesting; Peter Lynch had a way of talking about stocks and the economy that I found to be easy to understand.
These quotes from him offer some examples of this:
"The worst thing you can do is invest in companies you know nothing about."
"There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating."
"In the long run, it's not just how much money you make that will determine your future prosperity. It's how much of that money you put to work by saving it and investing it."
Peter also understood precious metals, in 1993 he wrote the following in his book 'Beating the Street'
"...Gold having been highly prized by the world's population since before the time of the Egyptians and the Incas, I doubt that we've seen its last hurrah."
Every 'Investing Guru' has developed their own style toward investing, Sir John Templeton, for instance, was known for buying low & selling high.
Sir John Templeton was an 'Independent Investor, ' and that is what I liked about him.
In 1939, when the war in Europe began, and the markets tanked, Sir John Templeton bought shares in over 100 different companies selling at one dollar or less per share; only four turned out to be worthless.
He is also known for this famous quote: "Buy at maximum pessimism”
'Investing Gurus' are 'Maverick Investors,' meaning that they didn't prosper by copying some other guy.
They learned from the mistakes and accomplishments of those who went before them; then they created their own path towards becoming a successful investor.
If you want to become a Maverick Investor like an 'Investing Guru,' the key is to not do what they say verbatim, but to do your own homework on how they invested and learn from their experiences.
Then before you get into whatever market it is you want to get in on, devise your own investment strategy for that market with what you know will or will not work.
For instance, the video below is a short excerpt of Louis Rukeyser's Wall Street Week featuring guests Peter Lynch & Sir John Templeton.
The video runs just under 11 minutes, but in that short amount of time both legendary investors offer valuable insights into their Independent Investment Philosophies.
Note: the video is a little grainy, but the audio is fine
Below is a list of Investing Gurus, some may help you, some may not.
The investors listed below offer you glimpse into the known investing gurus and economists who understand the importance of having at least 10% of their portfolio allocated towards precious metals.
On each investing gurus page you will find a description about each of them, a link to their website and some audio and or video clips with them speaking about their investing strategies and economic views.
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