Michael is one of the richest people in the world, with a net worth of US$14 billion in 2010. He is the founder of Dell Computer. His personal portfolio is managed through MSD Capital.
According to Fortune magazine, since snce started in 1998, "MSD has a great track record". As of Oct. 2010, the firm has $12 billion under management.
MSD Capital invests in public equity, special opportunities, private equity, real estate and partnership.
In public equity investment, according to MSD website, "make long-term equity investments in a limited number of outstanding companies, both in the United States and abroad. We employ a disciplined, research-intensive analytic process in searching for businesses that possess sustainable long-term competitive advantages and are managed by honest, astute and shareholder-minded management teams. We firmly believe that businesses create wealth for their owners through the long-term generation of net free cash flow. Although we typically invest as a minority owner of publicly-traded companies, given the long-term perspective that we take when we make investments, we consider ourselves to be a partial owner of the businesses in which we invest. We focus on the absolute value of businesses, not their value relative to other "peer" companies or general stock market indices."