Investors

Bill Ackman

Pershing Square · concentrated equity activism

US

Founder and CEO of Pershing Square Capital Management. Runs a concentrated portfolio of eight to twelve equity positions, frequently engagin…

Co-founder and Managing Principal of AQR Capital Management. Bridges academic finance and applied investing — the AQR Perspectives blog mixe…

Howard Marks

Oaktree memos · cycles and risk-first investing

US

Co-Chair of Oaktree Capital Management. His memos — published irregularly since 1990 — have shaped how a generation of investors thinks abou…

Co-founder of GMO and its long-term investment strategist. Writes the firm's quarterly letter — a wide-angle survey of asset-class valuation…

Founder of Pabrai Investment Funds in the US and Pabrai Wagons in India. Practitioner of the Buffett-Munger school applied at small-fund sca…

Flagship fund of PPFAS Mutual Fund, founded on Parag Parikh's value-investing ethos and now managed by Rajeev Thakkar's team. Combines India…

Founder and CIO of Marcellus Investment Managers. Built India's most-read framework for identifying high-quality compounders on NSE and BSE…

Warren Buffett

Berkshire's annual letter · long-term equity ritual

US

Chairman of Berkshire Hathaway. Six decades of compounding capital through wholly-owned operating businesses and a concentrated public-equit…

Abakkus Asset Manager; multi-strategy Indian equity PMS founded by Sunil Singhania; quarterly letters and periodic media commentary.

Founder of Amansa Capital; long-only Indian equities managed from Singapore; Business Standard columns are the primary public commentary sur…

Founder of Basant Maheshwari Wealth Advisers; concentrated growth investing in Indian equities; author of 'The Thoughtful Investor' and freq…

Bridgewater Associates; macro and risk-parity strategies founded by Ray Dalio; Daily Observations research letter is paid-only, public-facin…

Buoyant Capital; multi-cap Indian equity PMS founded by Jigar Mistry; founder's active X commentary supplements the firm's quarterly letters…

Carl Icahn

US

Chairman of Icahn Enterprises; activist via 13D filings; periodic shareholder letters from IEP cover both the activist portfolio and the hol…

Founder and CEO of Third Point; activist investor; quarterly partnership letters publish through the offshore investor vehicle.

Founder of Greenlight Capital; long-short value investing; quarterly partnership letters and frequent Sohn Conference appearances.

Founder and Chairperson of First Global; systematic and factor-based portfolio strategies; columns and active X presence.

DSP Mutual Fund; multi-strategy Indian equity and debt AMC; monthly commentary from CEO Kalpen Parekh and the investment team.

Fairfax Financial Holdings; Prem Watsa's insurance-and-value-investing platform; annual letter walks through both underwriting performance a…

Helios Capital Management; long-short Indian and global equities founded by Samir Arora; founder's active X commentary is the primary public…

Founder of Eclectica Asset Management (closed 2017); macro contrarian; current commentary surfaces through 'The Acid Capitalist' podcast and…

Founder of Himalaya Capital Management; value investing across US and Asian equities; Charlie Munger's investment manager; sparse public tal…

Lone Pine Capital; growth-oriented long-short founded by Stephen Mandel; commentary surfaces primarily through 13F position changes.

Founder of MK Ventures family office; previously CIO of Reliance Capital; value and special-situation investing in Indian equities; media co…

Chairman of Boyar Value Group; deep-value research with a 50-year track record; quarterly + year-end client letters co-authored with Jonatha…

Markel Corporation; insurance-with-investment-engine in the Berkshire mold; annual shareholder letter from Tom Gayner covers both the underw…

Founder of Southeastern Asset Management; Longleaf Partners value funds; quarterly commentaries across US, International, and Global strateg…

Founder of Scion Asset Management; contrarian short-bias commentary surfaces through 13F filings and sparse social posts.

Motilal Oswal Asset Management; quality-focused Indian equity AMC; the annual Wealth Creation Study by Raamdeo Agrawal is the firm's flagshi…

Nalanda Capital; long-only quality Indian equities founded by Pulak Prasad; commentary primarily through Prasad's book 'What I Learned About…

Old Bridge Capital Management; long-only quality Indian equities founded by Kenneth Andrade; quarterly commentary across PMS and AIF vehicle…

Polen Capital; quality-growth equity manager; quarterly commentaries across US Focus Growth, Global Growth, and International Growth strateg…

Porinju Veliyath

India

Founder of Equity Intelligence India; small and mid-cap contrarian investor; media columns and active X commentary.

Quantum Asset Management; value-tilted Indian equity and debt funds; monthly factsheets and quarterly letters with a strong shareholder-righ…

Founder of DMart (Avenue Supermarts) and Bright Star Investments; concentrated value investing in Indian equities; one of India's most priva…

Ray Dalio

GLOBAL

Founder of Bridgewater Associates; macro investor; public commentary lives in books ('Principles', 'Changing World Order'), LinkedIn posts,…

Founder of the Practical History of Financial Markets course; macro and financial-history commentary; the 'Solid Ground' research letter is…

Founder and CIO of SageOne Investment Managers; India quality-growth PMS; quarterly letters detail position changes and thesis evolution.

Sequoia Fund (Ruane, Cunniff & Goldfarb); concentrated long-only equity in the value-investing tradition since 1970; quarterly + year-end le…

Founder of Baupost Group; distressed and value investing; author of 'Margin of Safety'. Public commentary is sparse — primarily speeches and…

Co-founder of First Global; emerging-market contrarian; columns and frequent commentary on Indian and global markets via X and financial pre…

Founder of Duquesne Family Office; macro investor with a four-decade record of compounded returns; commentary lives in long-form interviews…

Founder of Abakkus Asset Manager; previously CIO of Reliance Mutual Fund; multi-strategy long-only Indian equities with a value tilt.

Terry Smith

GLOBAL

Founder and CIO of Fundsmith; quality-focused global equity mandate launched in 2010; the annual Fundsmith owner's manual letter is required…

Tiger Global Management; growth and technology investing across public and private markets; commentary is primarily inferred from 13F positi…

Vijay Kedia

India

Founder of Kedia Securities; concentrated small and mid-cap investor in Indian equities; active commentator on X with a sizable following.

White Oak Capital Management; Indian equity long-only and global emerging-market strategies founded by Prashant Khemka; institutional letter…