Harry , you must be getting mixed up , I’m Talking this guy...

Harry , you must be getting mixed up , I’m Talking this guy .......
Waislitz worth $1.39 billion
His $1.39 billion fortune – with trimmings such as a house on New York's Upper East Side and private jet – has all been made from a parcel of shares worth $1.15 million a quarter of a century ago, a present from his grandmother-in-law, Paula Pratt.

Year after year, Waislitz has made big returns by wading into the volatile world of ASX-listed small and mid-cap companies, forging relationships with hundreds of chief executives, fund managers and brokers.

It is an old school way of doing things, a shoe-leather approach to investing through dozens of meetings, business trips, coffees, lunches and dinners. Waislitz may be a stock picker, but first and foremost he picks people. It's an approach antithetic to much of the market at a time when more and more money flows into passive pools such as index funds, or towards algorithmic traders where computers are in charge.

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"Maybe others are using LinkedIn or something like that now to make connections," Waislitz tells The Australian Financial Review Magazine. "I still like looking someone in the eye and talking to them. You get the nuances of what they mean. You can see the energy levels and positiveness; you can tell when the company is going well and they're feeling confident and you can certainly see the opposite when they're struggling or under the pump."

It has all been done with his own money, grown from that initial $1.15 million. Thorney is effectively a family office, but while other wealthy families mostly outsource their investment strategy, Waislitz does his in-house. He's the only fund manager who has his own wealth at stake in every single transaction.

Australia's 'Warren Buffett'
"He's taken a couple of million dollars and turned it into more than a billion dollars," says fund manager Geoff Wilson. "He's shown the value of compounding your returns at a high rate. Warren Buffett does that. Is he the Warren Buffett of Australia? People can judge that. But what Alex has done is amazing. He shows that with some intelligent investing and some patient capital you can create some very significant wealth."

Among Alex Waislitz's big hits in the past year alone have been superannuation technology platform Hub24, up 127 per cent, logistics tech play Yojee, up 123 per cent, and financial technology company Afterpay Touch, which has risen 105 per cent. In December 2013 he branched out and took public money for the first time, launching the listed investment company Thorney Opportunities. Its share price has more than doubled since and its net tangible assets have also risen more than 60 per cent............Look into TEK to see his portfolio  some of his very early picks are Afterpay , Zip , Dub, ( up 25% last 3 working days ) AX1  etc etc Cheers ...