Dec 11, 2012 | Uncategorized
Investors like numbers. They like quantifiable, objective measurements and things that can be reduced to a mathematical equation. For most investing, numbers are great; understanding how many iPads are sold in a quarter, combined with knowing how much it cost to...
Dec 11, 2012 | Uncategorized
#4 Stick-to-it-iveness: Quite the phrase, huh? This is the corollary to resiliency. It means you stick to investment management and trading, even when your portfolio is on a roller coaster ride. It means you don’t just trade for a month or two and then throw in...
Dec 10, 2012 | Uncategorized
#3 Emotional self-control/resiliency: This is all about how you handle the ups and downs of a challenging career. No matter how good you are as a manager of money, you are going to be wrong a lot. As many of my most successful clients say –“if you are right 51% of...
Dec 7, 2012 | Uncategorized
New York — November U.S. employment data delivered a faint ray of light to the economy Friday, as nonfarm payroll figures rose well beyond market expectations and the unemployment rate edged down to 7.7 percent from 7.9 percent. The Department of Labor in...
Dec 7, 2012 | Uncategorized
#2 Analytic skill and comfort with numbers: It is no surprise that a comfort with numbers and manipulating them is critical to success in investment management. No matter how good a conceptual thinker you are, if you don’t know how the numbers work you will have a...
