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Private equity has been the purview of super wealthy individuals and institutions.

- Michael Lee-Chin
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Author:
Michael Lee-Chin
Tags:
Equity
Institutions
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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.

Life is not linear; you have ups and downs. It's how you deal with the troughs that defines you.

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.

You must look like a money person for clients to trust you.

Doing business in Jamaica is not easy, but it is rewarding.

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.

I didn't generate my success by being a prognosticator. I developed my reputation building our businesses by building great businesses and making them more efficient.

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.

I wouldn't be where I am, if not for Jamaica. My formative years were here. I wouldn't have the confidence that I have if I wasn't born here, because growing up here I knew I could become anybody I wanted to become. There was no ceiling on top of me.

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Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.

Private equity has been the purview of super wealthy individuals and institutions.