Growth Investing

The hype prior to Facebook’s (Nasdaq: FB) IPO on May 18 was unprecedented. Every media outlet was keenly focused on this revolutionary young company with such massive valuation. Investors competed to be included on the IPO share distribution lists, certain that the world’s… Read More

I love stories of people rising up out of harsh or even ordinary, middle class lives to ones of great influence, wealth and power. Individuals who have experienced life, as most of us have, are generally better suited for having a complete understanding of how markets and economies really work. This is due to the fact that they have firsthand experience making it to the top. Unlike those who are born with a silver spoon in their mouths, this personal experience of making dreams real can teach everyone crucial lessons for any endeavor. These rags-to-riches stories are perhaps best personified… Read More

I love stories of people rising up out of harsh or even ordinary, middle class lives to ones of great influence, wealth and power. Individuals who have experienced life, as most of us have, are generally better suited for having a complete understanding of how markets and economies really work. This is due to the fact that they have firsthand experience making it to the top. Unlike those who are born with a silver spoon in their mouths, this personal experience of making dreams real can teach everyone crucial lessons for any endeavor. These rags-to-riches stories are perhaps best personified by Ray Dalio, founder of Bridgewater Associates — the largest hedge fund in the world. Dalio was born in Queens, NY in 1949 to a jazz musician and stay-at-home mom. He was never very good at early schooling, wanting to understand the “whys” behind everything. Rout memorization just wasn’t his thing. He caddied in summers to earn spending money and would listen keenly to the golfers talking about stocks and other investments. Those conversations sparked a lifelong obsession with the financial markets. Taking the few dollars he managed to save from his caddie… Read More