W Power 2024

Kerr Neilson: The Warren Buffett of Australia

Published: Feb 24, 2016 06:51:43 AM IST
Updated: Feb 22, 2016 05:00:55 PM IST
Kerr Neilson: The Warren Buffett of Australia
Image: Patrick Welsh

Buy and hold—for a long, long time. That’s the investing style of Kerr Neilson, co-founder of Platinum Asset Management in Sydney, Australia.

The South Africa-born Neilson was an executive at Bankers Trust Australia before helping get Plati­num off the ground in 1994. The firm has grown to roughly $19 billion in assets under management across more than ten funds. Neilson has encouraged his team to think big and scour the globe for potential investments. (They’ve been particularly bullish on Asia.)

Neilson keeps his investors in the loop with regular blog posts on Platinum’s website. As with Buffett, his modus operandi is Ben Grahamesque: A studied hunt for unloved and undervalued stocks.

(This story appears in the 04 March, 2016 issue of Forbes India. To visit our Archives, click here.)

Post Your Comment
Required
Required, will not be published
All comments are moderated