Wednesday, March 03, 2021

Picking an Engine

Once you buy into the idea of building an Engine, the how remains. I think of investing as getting my money a job. As a person, you need to pick an advertised role that meets (or stretches) your qualification set. You need to have a CV that describes your education, experience, and fit. You then apply along with other hopeful candidates. Normally there are too many applicants for the job, and the interviewers don’t know you personally. When investing, the dynamics change. You still need to pick a container. A vehicle in which your money can work. There will still be application forms (checking your identity, the source of funds etc.) but now the shoe is on the other foot. There are more people who want to manage your money than there is enough money for them to manage. The vehicle you choose will depend on your investment philosophy, and your relationship with money and uncertainty. You need to pick something that you can commit to (through the noise), but the decision lies with you. 


 

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