For a good overview over careers in value investing we recommend
Kirk Kazanjian: Value Investing with the Masters.
It summarizes the biographies and investment approaches of 20 successful value investors.
In addition to the success factors already mentioned, two more emerge:
- early exposure to investing: the average of Kazanjian’s successful group made his / her first investment at age 15 (!)
- general thriftiness: taking the subway instead of the taxi.
From our experience we believe these factors are indeed good predictors of a successful career in value investing.
