Tuesday 5 July 2022

Starting a Fund Soon

 Recently, I've been having a lot of pain dealing with a Prime Broker to open a fund. A prime broker is a platform that executes your trades, does administrative things like NAV calculation. I was asked to provide my CV which I thought I was well qualified for. But the Prime Broker appeared to be reluctant. I'm a bit frustrated and shall look for other prime brokers.

Moving on to stocks. I'm not as bearish as before. Inflation appears to be peaking in the US. I believe the S&P500 could bottom by August 2022. Let's not be too bearish. Focus on companies with good fundamentals and we will make many x from here. I'm looking at maybe 100 - 200% upside in the next 5 years!