Michael Steinhardt – Investor Profile
Michael Steinhardt (December 7, 1940, New York City, New York, U.S. ) referred to as “Wall Street’s greatest trader with a personal net worth at $1.05 billion, according to Forbes 2017. In 1967, he founded a hedge fund, Steinhardt Partners, which averaged an annualized return for its clients of 24.5% from 1967 to 1978. In 1995, he closed his fund stating, “I thought there must be something more virtuous, more ennobling to do with one’s life than make rich people richer.” Had he remained in the business he would have probably been amongst the world’s wealthiest people. Michael Steinhardt...
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