John Burbank III, founder of Passport Capital, is a well-known macro investor based out of San Francisco. He grew Passport from around $800,000 to an investment firm managing north of $3 billion at its height. He was also one of the few money managers who anticipated the subprime mortgage crisis in 2005 and actually … More Macro Investing Masterclass (John Burbank converses with Kyle Bass)
At ChatWithTraders.com, there’s a whole lot of wonderful interviews of successful traders/investors done via podcasts. It is an invaluable source of insights and a great asset to many of us actively involved in the markets! While I’ve earlier reviewed the podcast with Dario Mofardin, this episode with Kevin Muir is another one helpful to anyone learning … More Trading Lessons From The Macro Tourist (Kevin Muir)
In the first and second articles of this 3-part series, we covered the philosophy and the investment principles and strategies of the famous Quantum Fund ran by billionaire investor George Soros. In this third episode, we will cover the management principles of this legendary firm. (I) Be part of a global ‘intelligence network’ One advantage … More Lessons from Soros’ Quantum Fund – Part III
Swiss investor Felix Zulauf is a pioneer among global finance. He joint the industry before Wall Street became ‘Wall Street’. He anticipated the great equity bull market in the early 1980s, made a killing for his clients during the infamous 1987 market crash, and foresaw the Asian Financial Crisis back in the 1990s. How brilliant … More A Great Podcast not to be missed
Continuing my never-ending pursuit of global macro education, I picked up an interesting book last year and was hooked to it immediately, reading it through in just one sitting: It’s a fascinating insight into the process and lens of a successful discretionary macro trader, and the book is available on Amazon for purchase. Alex Gurevich was … More ‘The Next Perfect Trade’ – a brilliant book on macro trading!
Billionaire investor Howard Marks is one of those rare people whose words pack a rare combination of wisdom and elegant common sense. When he speaks, both Wall Street and Main Street listens. He is most well-known for his letters to his clients, affectionately known as the ‘Oaktree Memos’, which have been compiled into a book … More Want to become a successful investor? Howard Marks explains how!
While I was serving my term of mandatory military service in the Singapore Armed Forces, I read a piece of classical Western literature that was breathtaking in its scope and entirety. ‘The Odyssey’ from the Greek poet Homer captivated my imagination of a world of brave warriors, spectacular battles, treacherous seas, and perilous journeys across … More Homer’s Odyssey: a Lesson for Investors!
In the first article of this series, we covered the philosophy and mindset of Soros’ Quantum Fund. We learnt about (i) Soros’ belief of Heisenberg’s Uncertainty Principle, (ii) his attitudes towards risks (that its omnipresent and has to be managed in relative and subjective degrees), and (iii) his ruthless obsession about the bottom line. In this … More Lessons from Soros’ Quantum Fund! Part II
Some time back I subscribed to a military history publication from the United States known as ‘Armchair General‘. Being a military history buff (geek), I recall that I would regularly engross myself with the print magazine sent to my house whenever I found the time to. Among the many issues I’ve read, the January 2011 … More Merrill’s Marauders – an inspiration for the retail investor!
The Quantum Group of Funds is one of the most successful hedge funds in history. Built by uberinvestor George Soros, it was only recently overtaken by Bridgewater Associates according to Institutional Investor. While he has since retired and transformed his firm into a privately-run family office, there is a tremendous amount that active investors can … More Lessons from Soros’ Quantum Fund! Part I