Options For Experienced/Older Professional/Private Investor
Hi. Thanks in advance for any comments:) I have seen at least 2 postings about "experienced" professionals (55ish) who were looking to transition to equity research and had great backgrounds (e.g. law, private equity, retired serial entrepreneurs etc.) and the consensus comments were: very difficult on the sell-side unless you had some extreme niche (e.g. M.D./oncologist w/Phase II & III trial experience), and even w/that difficult as might have to start as associate, firm does not want to invest in you (if you retire in 5 years) etc. But what about for a small buy-side firm where you might have less of these hurdles? I am here because basically in the same boat -- interested in exploring equity research (but no direct experience), semi-retired and about the same age and want to this simply b/c I like this field. And also have the varied background (IB-support, commodities, MBA, government etc--but nothing in equity research) and mainly a good track record as a private investor (several ~500% gains). Don't have a super-niche now but could dig deeper into the areas I follow (e.g. media, cloud, LNG). So the basic question (for the others who posted also) is would it be feasible for someone in my situation to pursue buy-side equity research and if yes, what are some possible next steps e.g. do the CFA, take the modeling courses offered here on WSO etc. And if I document my ~500% gains would people generally say "anyone can get lucky with a few stocks?".
As I am working on some other start up ideas feel free to be as honest as possible w/feedback. Thanks.
Cavour23, sorry about the lack of response. Maybe one of these topics will help:
Hope that helps.
Thanks -- much grateful.
Just trade your own portfolio. Be successful and bring on a partner maybe.
Thank you -- will try to follow up on that.
Self-teach investing. Research stocks and try to get on Sumzero / Value Investor Club as full member and act on those stock ideas in your personal portfolio. Plenty of quality people on the aforementioned two platforms who want to make another friend who is passionate about stocks.
Hi dickthesellsider -- thank you very much for the feedback and the additional information. I will check out that link as well. Best regards.
I can help you setup a hedge fund. Had a client that was in a similar situation.
And if you have a long enough track record. We could get it audited and try to contact some fund seeders and backers along with individual investors that might be interested in fund the hedge fund that we form. Please know that I am available to answer any questions that you might have in this regard. I'll give you my number. Thanks
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