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ACCORDING to Forbes, there are currently 2,640 billionaires in the world. They are collectively worth $12.2 trillion. The United States is the number one home of billionaires with 735 of them, followed by China's 495 billionaires and India's 169 billionaires. There are only 17 Black billionaires in the world according to this list, making the…
According to Forbes, there are currently 2,640 billionaires in the world. They are collectively worth $12.2 trillion. The United States is the number one home of billionaires with 735 of them, followed by China’s 495 billionaires and India’s 169 billionaires. There are only 17 Black billionaires in the world according to this list, making the …
May 7, 2021 | Lessons To Learn From Michael Lee-Chin and Mean Reversion
Danielle Park Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book Juggling Dynamite: An insider s wisdom on money management, markets and wealth that lasts, and a popular daily financial blog: www.jugglingdynamite.com
Michael Lee-Chin started his money management career as a financial advisor with Investors Group in Hamilton Ontario in 1979. In 1987, he bought Kitchener-based Advantage Investment Council which he renamed AIC and developed it into a mutual fund company that focused on buying the shares of other investment management companies and banks. The timing was perfect. Assets under management billowed with the rapidly rising stock market into 1999.