Real Life MBA

I was reading Tim Ferriss’s new book, Tools of Titan when I was just flipping through the book and found a section on the real life MBA. Tim Ferriss was trying to get an MBA from Stanford but wasn’t admitted, so instead of not pursuing the education he started a venture capital fund.

The action I’m taking as of March 27, 2017, is to start an investment fund with the capital I can afford to lose so I can learn the most about business, valuation and financial markets.

There are a few things that I’ve been doing like deep work sessions, where I read books and papers on investing and trading and think about their applications. Keeping a diary of investment and trade ideas where now, by by investing my own capital in these ideas I can learn more about business and at the same time build a track record to market when applying to jobs.

Steps

  1. Start a fund with capital that can be risked.
  2. Develop a business plan outlining the methodology and principles. Have information on which markets to operate in.
  3. Developing trade/investment ideas into investment positions.
  4. Keeping track of outcomes and learning from them.

Conclusion

I have started an investment fund with my own capital where I will be investing in U.S. equities and debt securities.

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