There are many influential figures in the world value investing. Everyone knows figures like Warren Buffett, Benjamin Graham, Walter Schloss, Seth Klarman etc..But there are many other lesser-known figures out there that helped shape value investing, and the investment universe as we know it today. Phil Carret is one such figure.
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Introducing Phil Carret
Phil Carret started one of the world’s first mutual funds and his investment career spanned a seven decades, a period encompassing dozens of cycles of bull and bear markets. He died at the end of May 1998 aged 101.
Phil Carret was a well-known value investor. For over 55 years he managed the Pioneer Fund, a mutual fund he founded in 1928. Unfortunately, 1928 turned...
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