Michael Price

Michael Price

MFP Investors LLC
Last update 2020-05-14 109 Stocks (10 new)
Value $493.00 Mil Turnover 9 %
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Michael Price Profile

Michael F. Price is the 271st richest person in the world, according to Forbes. A renowned money manager, he learned finance as a $200-a-week research assistant under Max Heine. Mr. Price earned reputation for buying undervalued companies, and raising he. He has often tussled with management of companies held in his portfolios. He sold Heine Securities in 1996 to Franklin Resources for $670 million. Now, Price manages the private firm, MFP Investors, with $1.6 billion under management, much of it his own money.

Michael Price Investing Philosophy

Price has a value based approach to investing. He buys stock in out-of-favor small cap companies that are of good values.
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