The 20%-a-Year Stock Picker Who Wishes His Edge Would Disappear
- David Webb quit his job at 33, got rich investing in Hong Kong
- His research, reform push could undermine his competitive edge
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Most great stock pickers do all they can to preserve their competitive edge. David Webb is trying to make his disappear.
The former Barclays Plc banker isn’t opposed to making money per se. After earning about 20 percent a year from his personal investments in Hong Kong shares since 1995 –- more than double gains in the city’s benchmark index -- he seems happy to have amassed a fortune of at least $170 million.