Not all people can make good money in stock market; you have to be very good and competitive to earn good in this business. There are a few people who are very successful by all means and are very good examples for all others in stock market. These personalities have taught us a lot and there is lot to talk about them. There are a few who have revolutionized the whole stock market system and it is very important to know about them. Here is a brief view about two such personalities, you can find more about them at Bidnessetc.com.
Warren Buffet: Warren Buffet is the most known and most inspirational person in financial sector. He was born in Omaha on 30th August 1930. His father was a stockbroker and also served as U.S. congressman and his mother was a homemaker. Buffet was known for his mathematics skills since his childhood, his friends say that he was able to solve large columns of numbers in his head but he did never show off.
He was running his own business by the age of 13 as a paperboy. He filed his first tax return the same year and declared his bike as $35 tax deduction. He was enrolled on University of Pennsylvania at the age of 16 in a business degree. After two years he went to University of Nebraska to complete his degree and graduated with around $10,000 from his childhood business.
Warren Buffet has a number of achievements in financial sector he has purchases HJ Heinz for $28 billion. He also owns Burger King and also has a share in Anheuser-Busch In Bev. Buffet is also known for his generous contributions to different charities.
Carl Icahn: Carl Icahn is another American businessman and investor and definitely has an impressive story. He was born in 1936 and is related to many big businesses. His strategy is to take minority shares in public companies and pushing them for change. He has bought many new businesses and a few of them are enlisted below.
- In August 2006, take-two interactive a video game publisher stock was bought by him. His stake then increased to 11.3% making him the second largest shareholder in the company.
- In January 2007, he bought 9.2% stocks of Telik which is biotech company engaged in cancer research because his believe was that stocks were undervalued.
He is involved in many other similar buying and acquisitions. His net worth was estimated to be $24.5 billion as of March 2014.
Icahn has also made many philanthropic contributions; he has made a substantial contribution to Princeton University which is also his alma mater. This was paid to fund a genomics laboratory which is named after him. He has also made a major contribution to Mount Sinai Hospital, to honor his generous contribution they not only named a building after him but the name of Mount Sinai School of medicine was also changed to Icahn School of Medicine at Mount Sinai. To read more you can visit Bidnessetc.com.