Member-only story
Is This Billionaire the Most Successful Individual Investor?
Outside of the superstar fund managers that everyone knows, some of the most successful traders and investors in the world are people you may never have even heard of.
These people are likely to have their own inspirational stories as well, but they choose to go under the radar and commit to their craft.
One of those investors is Herbert Wertheim. A self-made billionaire worth $2.3 billion. Not much is known about his investing, but luckily for us, Forbes recently ran an article on him and we wanted to share his remarkable story with you.
For someone that hasn’t gained too much media attention as an investor, Wertheim is surprisingly difficult to miss. At the age of 79, you’ll rarely see him without his signature red fedora hat.
Despite this flashy element to his appearance, his career has been anything but flashy. A student of the long-term buy-and-hold school of thought, his investing success could almost be said to mirror that of greats such as Warren Buffett.
Although, unlike many of these famous top investors, investing has not been his full-time career. In fact, he…
