Aug
16

Investor Up 51% This Year Says Fund Management Is ‘Boring’

By
  • Malaysian tech stocks help Lim Tze Cheng trounce his peers
  • Inter-Pacific CEO donates half his salary to charity

Lim Tze Cheng says all you have to do is ignore the noise.

Choose a handful of stocks you know are set to boost profit and hold out until they rise. If you get the first part right, and can resist the temptation to react to daily events or try to time the market, the rest of the job should, essentially, be dull.

“Fund management is boring,” says the shaven-headed chief executive officer of Inter-Pacific Asset Management Sdn., who looks like a monk without the saffron robes. “You find, you buy and there’s nothing else to do but sit and wait. The busy ones are those who try to trade.”…

Investor Up 51% This Year Says Fund Management Is ‘Boring’

Share
Categories : Finance

Leave a Reply

You must be logged in to post a comment.