“From an early age my mother told me that there were so many of us that if I was to get anything in life I would have to get it myself. So I did.” IfsAgeMotherAnything In Life Author:Michael Lee-Chin
“Private equity has been the purview of super wealthy individuals and institutions.” Has BeensIndividualInstitutionsWealthyEquityPrivate Equity Author:Michael Lee-Chin
“The philosophy to 'buy and hold' is a philosophy that I use to manage funds.” PhilosophyUseManageFund Author:Michael Lee-Chin
“You must look like a money person for clients to trust you.” LooksPersonsClients Author:Michael Lee-Chin
“I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.” IfsWayWealthCasesMetsCustomersObjectivesManagersPerformingFundAssetsBeing Me Author:Michael Lee-Chin
“If people perceive themselves as having very little opportunities to be fulfilled, then it cheapens their life and outlook. The solution is to reverse it; make sure they know opportunities abound.” PeopleIfsKnowsLittlesOpportunitySolutionsPerceiveReverseFulfilledOutlook Author:Michael Lee-Chin
“My wealth came from growing businesses. I had wealth, but not liquidity. Basically I transferred illiquid shares of AIC for liquid shares of Manulife. Now I'm the biggest individual shareholder of Manulife.” IndividualWealthGrowingShareLiquidShareholdersLiquidityGrowing Business Author:Michael Lee-Chin
“The mantra of the National Commercial Bank is 'building a better Jamaica.' If this bank is going to be everlastingly successful, it has to take on the ailments of this society.” IfsSuccessfulBuildingMantrasThis SocietyJamaicaAilmentsCommercial Banks Author:Michael Lee-Chin
“You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.” GivingLooksImportantEndsValuesFlowGoldThe End Of The DayCashDividendsIntrinsic ValueCash FlowAnd At The End Of The Day Author:Michael Lee-Chin