Fund Manager Emphasizes Integrity, Long-Term Performance, and Personal Growth
A seasoned fund manager, renowned for their integrity and humility, has spoken out about the importance of acknowledging one's own mistakes and the value of long-term performance. They also shared insights into their career, influences, and regrets.
The fund manager, who prefers to remain unnamed, expressed annoyance at drivers lacking these virtues, stating, 'We should all strive to be better, starting with ourselves.'
Reflecting on their career, they recalled their first investing experience during the 1987 stock market crash. They bought a certain stock and later incurred losses on Eurotunnel options, learning the hard lesson of avoiding losses. Despite this, they find satisfaction not in short-term performance, but in managing capital well and benefiting their customers.
They find their most rewarding experience as a fund manager is the ability to donate to and work directly with Christian charitable organizations worldwide. Their reading recommendations for fellow fund managers include 'The Bible' and their own book, 'Investing for Life'.
Inspired by Sir Humphrey Monmouth, an English merchant who risked his life to translate and distribute the Bible, they admire those who stand up for their beliefs, regardless of personal risk. If not a fund manager, they would have been a full-time Sunday school teacher.
Looking back, they regret not investing simultaneously in luxury goods manufacturers like LVMH and Richemont, and software houses like Autodesk and Dassault.
The fund manager's insights highlight the importance of integrity, humility, and long-term perspective in investing and life. Their admiration for Sir Humphrey Monmouth serves as a reminder that standing up for beliefs, even in the face of adversity, can leave a lasting impact.
