Luck and Skill in Financial Markets and Beyond

In the heat of the financial crisis Philip Falcone, billionaire hedge fund manager, testified in front of Congress. He said: “I take great pride in my upbringing, and it is important for the committee and the public to know that not everyone who runs a hedge fund was born on Fifth Avenue. That is the … Continue reading Luck and Skill in Financial Markets and Beyond

Angel Investing: Perspectives of a Stock Market Operator

I have been involved in the stock market on a professional basis for over 20 years, but in recent years my attention has additionally been drawn to private investing. In total I have made around 12 private investments — across various industries, but with a focus on financial technology. My transition from public to private investor is … Continue reading Angel Investing: Perspectives of a Stock Market Operator

Fantasy Football and Investing

The official English Premier League fantasy football game, FPL, is currently played by over 7.2 million people, globally. Among the millions of mini-leagues that players organise themselves into, there is one that stands apart. Like many others it’s a work league of sorts, but unlike those others its members weren’t necessarily football fans before they … Continue reading Fantasy Football and Investing