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Podcast: My Worst Investment Ever Podcast
Episode: Louis-Vincent Gave โ Your Success Comes Down to Portfolio Sizing
Description: BIO: Louis-Vincent Gave is the Chief Executive Officer of Gavekal, a Hong Kong-based company he co-founded over 20 years ago with his father, Charles, and Anatole Kaletsky.STORY: Louisโs father invested one million dollars in a portfolio of 10 Asian companies. Louis was managing this portfolio, whose size was disproportionate to his earnings. He was earning $50,000 annually at the time and had never owned a portfolio this big, which made him sick.LEARNING: Portfolio sizing matters tremendously. Never under or over-position yourself. Invest with people who have experience.ย โKnow your own weaknesses and donโt...