The Money Masters of Our Time: A Comprehensive Guide to Financial Freedom
| Original Master (Train’s Pick) | 2025 Equivalent | The Updated Thesis | | :--- | :--- | :--- | | Benjamin Graham | Howard Marks (Oaktree Capital) | Memos on market cycles; "Second-level thinking" replaces Net-Nets. | | Warren Buffett | Terry Smith (Fundsmith) | "Tesco was a mistake"; focus on high-ROIC, low-debt global consumer staples. | | T. Rowe Price | Nick Train (Lindsell Train—no relation) | "Holding tight" for 20+ years in Finsbury Growth & Income. | | John Templeton | Ray Dalio (Bridgewater) | Global macro diversification; the "All Weather" portfolio. | | Philip Fisher | Chase Coleman (Tiger Global) | Scuttlebutt 2.0: using private market data to beat public equities. | money masters of our time john trainpdf updated
Meticulous evaluation of management quality, financial health, and competitive advantages before making a decision. Profiled Investors The Money Masters of Our Time: A Comprehensive
Macro & Global Speculation: Explores George Soros and his theory of "reflexivity," alongside Jim Rogers, focusing on identifying secular global trends and political shifts Contrarian Approaches: Highlights John Neff and Robert Wilson Benjamin Graham – The father of value investing;
Unique Selling Points (USPs):
Train wrote The Money Masters in 1980, followed by The New Money Masters in 1989. The "updated" editions combine these insights, offering a comprehensive look at the titans of the 20th century.