Updated from 7:59 a.m. EDT
Prince Al-Waleed Bin Talal may not be as famous as Warren Buffett, but he is a very successful investor.
The prince, a member of the Saudi royal family, had his first big success investing in Citicorp, now
, in the 1990s. According to
magazine, he is one of the 10 richest people in the world. His portfolio has reportedly had an average annual return of 20% over the last 16 years.
Stockpickr has reviewed all the stocks the prince owns and compiled a portfolio of Princely Stocks With High Yields, which include
Procter & Gamble
A note from James Altucher:Every weekend I send an email to Jim Cramer and several hedge fund managers about the most interesting portfolios posted on Stockpickr that week. Usually those portfolios not only list stocks according to atheme but also offer significant analysis as to why the stocks are cheap.Here are some examples: Here's the challenge: Build a portfolio at Stockpickr.com with greatanalysis, and send me the link. Each great portfolio (with analysis)will get posted on TheStreet.com with your byline (as a "StockpickrGuest Columnist") and will be included in my email I send to Jim and the otherhedge fund managers on my list.
- Stocksrelated to drilling the Marcellus Shale
- MLPSwith yields above 7%
- Microcapstrading for less than tangible book
- Stocksthat do well after Hurricanes
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