As per a Bloomberg report a prominent hedge fund manager is down 14% in just the first quarter this year. According to reports he didn’t do well the previous year either. Obviously, something is not working for this fund manager. Advice to this fund manager – get yourself a great coach! Bobby Axelrod in Billions had one. And every fund manager should too.
How are you different? What’s your edge? How does your fund differentiate itself in a very crowded space? Think about what makes you truly stand out from others. A deep and truthful self-evaluation is a good first step in the right direction. Is your investment strategy true to your core expertise or is your pitch promising investors what they want to hear?
The single most extraordinary thing we can do in the New Year is to invest in ourselves. I’m a coach, advisor, strategist and mentor to senior-level executives, entrepreneurs and investment professionals. A client’s critical thinking partner and a resource in helping them grow from good to great.
Not a single day goes by without several mentions, analyses and debates about Bitcoin on every major media and social media outlet. It’s up over 1200% this year alone and boasts a ‘market cap’ of close to $200 Billion. Retail and institutional interest in Bitcoin is growing by the hour. The crowds want in.
The current global monetary policies of negative yields are destined to destroy the financial system – banks, insurance companies, pension funds, and money market funds. The same financial system they are supposed to protect – and they did everything they could to prop it up back in 2008 – the central bankers are now inadvertently bent on destroying.