flâneur

Wise Words from Robert Wilson • Novel Investor

novelinvestor.com · 1,477 words · saved by 1 readers

Robert Wilson is a lesser-known legend on Wall Street. He turned a small inheritance into $800 million, then gave it all away.

Robert Wilson is a lesser-known legend on Wall Street. He turned a small inheritance into $800 million, then gave away the bulk of it to charities before his death. Wilson began his career in 1949. He spent the first two decades as an analyst, bouncing between several firms, including a hiatus while serving in the Korean War. In 1968, he set out on his own. He set up a hedge fund, Wilson & Associates, with about $3 million in capital from friends and family. The timing could not have been worse. That same year, the market topped and by the lows of 1969, his fund was down 35%. Withdrawals came

saved by

related reading