MarketWatch wrote a rather nice piece of commentary on an unassuming hedge fund manager, who is currently 34 years old, trying to raise capital. He meets a group of prospective hedge fund investors and fields their questions. Everyone was astounded that he does not seem to know where the market is going, how, without this, he was able to make so much returns, and even earned a positive return being long in the great financial crisis.
What I took notice are these things: The article provides a glimpse of his very good process or system as we called it. Often when we start off, we have so much doubts, and have voices from the internet, acquaintances, pulling your system all over the place. Allan found a fundamentally sound method and dug deep and created a simple, somewhat primitive process. But its a process of offline deep reading, reflection that enables him to excel at what he does.
Often we as Gen Y or Millennial investors became appeal by financial services such as share investors that helps us filter through vast amounts of data but perhaps they influence you that most of the work can be outsourced and you failed to connect or do the work that aids your understanding.
The other thing amid all the noise is remaining focus. Focus on what is fundamentally sound, and what works, attempting to make the system second nature to you.
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