CV / Cover Letter Review - coming back after 10 yearsSubscribe
I wonder if some of you good people could offer any constructive criticism on how to improve my cover letter / CV. I know I am not good at this sort of thing...
Short story is - I quit working for an asset management firm (Putnam Investments) in London 10 years ago and I would like to go back to it.
I want a quality firm with good, nice people who will help me develop, ideally a job I will have for 5-10 years. To quote Warren Buffett I want to be "Tap dancing to work". It will probably be somewhere smaller.
I've applied to a few places and had zero replies, I wonder if any of you good people could offer advice as to how I can improve.
Cover letter is below.
I saw the role advertised on Bloomberg and I would be interested in finding out more.
Between 2006 and 2008 I was a Utilities and Telecoms analyst for Putnam Investments (at that time a $20bn large cap fund) in Mayfair, London. I quit in 2008 to work in the public sector and invest by myself. Since then I have achieved very good results (about a 23% CAGR over the entire period). I have invested successfully in small, liquidating closed end funds but have also invested in companies.
I am looking to return to professional investment to learn and develop and also to raise capital. Even though I have achieved good results I am not particularly wealthy as I have grown my capital from a very low base.
I blog on my investments at www.deepvalueinvestments.wordpress.com. Some of my more recent ideas / better ones for new money are Rasmala (RMA.L) (https://deepvalueinvestments.wordpress.com/2017/0…), this is an asset manager which has proposed returning 2/3rds of it's market cap, this would leave the rump valued at about 1/5 th of its NTAV - so it will likely appreciate.
Another idea is the Alternative Liquidity Fund - this is a fund consisting of liquid investments from unsuccessful hedge funds. When I initially invested it was trading at 1/10th of its (somewhat inflated) NAV. It has since returned cash and re-rated somewhat but there is still a good entry point as much of the fund is cash, implying a more substantial discount on other assets. In addition it has been able to buy and liquidate more assets - making this something different to the closed-end realization fund it started out as. https://deepvalueinvestments.wordpress.com/2017/0…
I have had other successes - SMIN - +50% in just over a year, TRB which has tripled in value and TJI which rose over 400%.
I tend not to have many outright, large losses - but it does happen that I change my mind / get it wrong or new information means I need to get out. Often I can get out flat / slightly up/down.
My CV is attached and I look forward to hearing from you.