031: A Great Lifestyle And 18,000% Return In The Stock Market w/ Gil Morales & Chris Kacher
A Great Lifestyle And 18,000% Return In The Stock Market with Gil Morales & Chris Kacher
Episode 30 of the Desire To Trade Podcast features Gil Morales and Christian Kacher from Virtue Of Selfish Investing. They discuss their philosophies on life and trading following the several books they wrote together.
Aspiring traders would envy Gil and Christian' lifestyles of travel and discovery. At the time of our interview, Christian was in Buenos Aires.
The book I first noticed, co-authored by Gil and Chris, is called Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market.
Gil Morales
Gil began his investment career in 1991 as a stockbroker in the Beverly Hills branch of Merrill Lynch. In 1994 he joined PaineWebber, Inc. where he quickly achieved Chairman's Club status as a top producer. In 1997, William O'Neil personally recruited Mr. Morales to join William O'Neil + Company, Inc. where he spent the next eight years as a Vice-President, internal Portfolio Manager responsible for managing a portion of the firm's proprietary assets, and Manager of the O'Neil Institutional Services group responsible for advising over 500 of the largest and most successful institutional investors in the world, including mutual fund, pension fund, and hedge fund clients.
Chris Kacher
Chris went on to generate triple digit percentage returns for six years in a row during the 1995-2000 period before moving to cash for most of the 2000-2002 bear market, one of the worst in history. From 1996-2001, he served as chief research analyst for William O'Neil + Company, the New York Stock Exchange member firm, institutional research provider, and publisher of Investor's Business Daily newspaper. During this period, William O'Neil hand-picked Dr. Kacher to manage a portion of the firm's proprietary capital, whereupon Dr. Kacher became a top internal portfolio manager at the company.
Chris has a very interesting educational background as he received his B.S. in Chemistry and Ph.D. in Nuclear Physics from University of California at Berkeley, where he co-discovered Element 110 on the Periodic Table of Elements and confirmed the existence of Element 106 for which his team named Seaborgium.
Musically gifted, Dr. Kacher was classically trained on the piano beginning at age 3, composing his first song at age 5 which he called "Night Fog," and performing as a concert pianist from ages 5 to 12 in high-profile cities in the US and Japan. He released his debut CD comprised of 21 original piano compositions in 2009.
What’s covered in the podcast?
How Gil & Chris started to trade with very different backgrounds
How Gil & Chris Made 18,000% return in the stock market
What is their trader's lifestyle
Fantastic pieces of wisdom
And so much more...
Show notes: http://wp.me/p6qxZI-zo
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Enjoy!