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Lessons from the Best-Ever Hedge Fund Manager email this discussion to a friend?

Mispricing (2) 
2 years ago

That person was of the great Munehisa Honma who managed a long/short commodities hedge fund during the 18th century. His house is well designed and much larger than most hedge fund managers, but his book "Fountain of Gold" is brilliant. Probably the best investment book ever written. His trading ability enabled the Honma family to go on to become the largest land owner in Japan for over a century. In today's money, his likely net worth was much more than $100 billion. Some years he would...

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