Prince Alwaleed is primarily a distressed value investor who made at least half his $24 billion net worth in three investments back in the nineties: Citigroup, AOL, and Apple. It’s hard to think of these at distressed value positions but each of these stocks was considered on the brink of death right when the Prince began loading up. It’s worth seeing what positions he’s in now to see where he still finds value.
Monday, July 30, 2007
Invest Like Prince Alwaleed
Prince Alwaleed bin Talal, the billionaire investor often referred to as the “Warren Buffett of the Middle East,” has announced that he will soon bring his investment company, Kingdom Holdings, public on the Saudi Arabian exchange.
Prince Alwaleed is primarily a distressed value investor who made at least half his $24 billion net worth in three investments back in the nineties: Citigroup, AOL, and Apple. It’s hard to think of these at distressed value positions but each of these stocks was considered on the brink of death right when the Prince began loading up. It’s worth seeing what positions he’s in now to see where he still finds value.
Full Article
Prince Alwaleed is primarily a distressed value investor who made at least half his $24 billion net worth in three investments back in the nineties: Citigroup, AOL, and Apple. It’s hard to think of these at distressed value positions but each of these stocks was considered on the brink of death right when the Prince began loading up. It’s worth seeing what positions he’s in now to see where he still finds value.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment