Money and Finance
Britain's answer to Warren Buffett backs the biotech sector in new investing book
He is a marathon-running polymath with the Midas touch, whose investment funds attract the seriously moneyed. Yet despite being revered by some as Britain’s answer to ‘Sage of Omaha’ Warren Buffett, investor and serial entrepreneur Jim Mellon is modest and unassuming.
He chats with wit and candour about most things in life, including his failures. ‘I bear the scars of those poor investments like anyone else,’ he admits. ‘I’m a little impulsive.’
An £11million loss on German real estate bears witness to this, but there have been many others, he reveals.
It’s a stunning admission for the master investor, worth more than £500m, who burnished his reputation as a businessman and stock picker in fund management as founder of listed Charlemagne Capital and Asian mining group Regent Pacific.
Related book: Cracking the Code: Understand and Profit from the Biotech Revolution That Will Transform Our Lives and Generate Fortunes
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Links
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Excerpt From Warren Buffett's Annual Letter
In an exclusive excerpt from his upcoming shareholder letter, Warren Buffett looks back at a pair of real estate purchases and the lessons they offer for equity investors. Link to: What you can learn from my real estate investments – by Warren Buffett"Investment...
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The Wit And Wisdom Of Warren Buffett – By Carol J. Loomis
Fortune met Warren Buffett by accident in 1966. I was writing an investing article about another man, Alfred Winslow Jones, who wasn't famous at that moment, but was about to be because of the article. Jones was running something called a hedge fund,...
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Ibm's Watson And The Healthcare Industry
From the book Cracking the Code: “One such application for Watson could be in the field of medicine; Watson’s virtually limitless data storage capability combined with its incredible recall ability makes it a natural diagnostician. Imagine if Watson’s...
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Quote On The Life Sciences Industry
From the book Cracking the Code: Understand and Profit from the Biotech Revolution That Will Transform Our Lives and Generate Fortunes: “Many industries will be disrupted by the wave of advances in life sciences. Genome sequencing will, despite ethical...
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