The Stock That Went From 50 Cents to $260
Courtesy of Joshua Brown
We had a great time learning from Nathan Vardi this week. Nathan is the author of the new book For Blood and Money, which documents the story behind the biggest winners the stock market has ever. It’s also the story of some very interesting characters who were involved, including the hedge fund manager Joe Edelman, who is the best performing hedge fund manager from 1999 to 2020. You’ve never heard of him, and that’s exactly the way he likes it, having quietly compounded at an average of 29% per year for twenty years.
Learn about him and many others from the newest episode of The Compound and Friends! Make sure you’re subscribed to the channel, too. Â
The Compound and Friends podcast goes up every Friday, listen to recent episodes or subscribe on Apple Podcasts here.