Annualized Returns of 35%, $115m AUM and 7 Investment Traits To Such Success By Mark Sellers
There's a gentleman who manages a $115 million AUM fund with annualized returns of 35% (before fees) since inception.
And he wrote a 3,150-word letter for those who dream of compounding their money at 20-25% per year over the course of their careers.
1. Your chance of becoming a great investor is 1/50 of 1% or something. If not less… You have almost no chance of being a great investor.”
2. Going to Harvard, Stanford, Wharton or reading every book ever written on investing won't make you a good investor
3. I don’t believe there is a correlation between investment performance and number of…
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