Richard Pitt, CEO and PM at BlueAlpha Investment Management, was my special guest on the Investment Community podcast.
In this episode (part 1 of 2), Richard tells:
How, as a rookie analyst in a bull market, his first recommendation was a sell. That company (Toco) eventually went bust.
What the consequences can be if you focus on performance and accolades rather than risk, especially when market conditions change.
How he is increasingly motivated by enabling people to grow, and that his ambition has shifted from making money to the upliftment and empowerment of others.
Richard Pitt is CEO and portfolio manager at BlueAlpha Investment Management. He began his investment career in 1995 as an equity analyst at Old Mutual Asset Managers. After a short stint as a portfolio manager at Brait Asset Management, Richard became co-manager of Decillion Capital’s Big Rock hedge fund. He relocated to London with Decillion and co-managed their US/European hedge fund. He joined BlueAlpha in 2003 and his primary focus is global investing.
Investment Community #15