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.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend. All opinions on Investment Moats are his own and does not represent the views of Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
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