Is golfing a good skill to have in AM?
I'm doing my MSc in Investment management and going for the CFA 1 to get into AM. I've been playing golf again since it's a sport I can do with some level of social distancing. I've been playing on and off since young since my dad was an executive for a firm in Asia, where golfing was important for business. And he made sure I knew how to play because he had to learn and spend a lot of time working on it climbing from a sales role to CEO.
I'm wondering if AM firms also play a lot of golf with clients and other firms to build rapport and once in a while even close a deal. I'm in the London area. I used to shoot under 80 regularly, but I haven't played in a while. Is it worth spending the time to get good again to help me in AM?
Not sure about London but it certainly helps in the US
Haha shooting less than ~85 will have all of your co-working peers and clients impressed. I wouldn’t worry too much if you were playing ball with 70s on the scorecard as a kid.
Mostly a bunch of guys who picked up the sport post-college and can’t break 120 if they counted strokes.
Just be able to crush a handful of beers, don’t be the emotional roller coaster rage quitter, and dose your nicotine consumption to professional reputation-ish acceptable levels.
Yeah the key here is learning how to entertain - and be entertained. It sounds absurd, but, it's not.
You are plenty good enough to occassionally carry a team in a playoff format, challenge better golfers at match play (or via handicap) and/or slot really well into a better ball type format - or similar. Thus - you are good.
What you also want to do is learn how to network via golf where applicable - how to put together a group, get the right format to play, etc, etc.
Right, good advice. Know how to be one of the boys is the goal from what I'm getting.
I'm not sure I can get that good again, that was when I played for my HS team and played everyday. I shot 102 last weekend, but I have not played in 5-6 years and just got into it again. I think I can reasonably shoot in the 90s if I played once in a while, maybe 80s if I really wanted to get good. I'm not sure I can put in the work for the kind of consistency get under 80 again regularly.
IMO doesn't matter at all until you are fundraising. You probably don't have to think about this for at least a decade.
Good to get good at it now so you can win when you need and lose when it makes sense ;)
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