The highly successful millennial investor, Dan Carroll, 27, has been investing in stocks since the age of 15. During the tech boom of '99, he turned his hard-earned caddying money into massive trading profits funding most of his college tuition. At a high level, Dan employs a global macro strategy or top-down style to investing. He usually looks at the bigger macro picture with regards to interest rates, currency movements, growth rates, inflation, sectors with attractive valuations and shifts his investments in regions, countries, industries, or currencies accordingly. Some famous global macro hedge fund managers include George Soros, Julian Robertson, Paul Tudor Jones, and Bruce Kovner. Upon deciding the different areas to invest, Dan typically then digs down into balance sheets, fundamentals, and growth rates to find solid companies to invest in. Daniel would consider himself a medium-term investor with some of his holdings with a time horizon of 5 years, while others are a couple of months; He very rarely day trades. Dan definitely considers himself a contrarian. If all the analysts love the stock, you can bet he is not a fan. You can find him getting long ugly looking downward trending charts and shorting beautiful uptrending charts. Lastly, Daniel is a firm believer in dollar cost averaging and ordinarily buy/short around 20% of his desired position at a time. If you don't dollar cost average, then you aren't a good manager in his opinion. Daniel Carroll is an entrepreneur and heart and founded kaChing in 2007 to change the investment business as we know it. Believing that mutual funds are broken and hedge funds are for rich people, he assessed that no one was looking out for the small investor. Daniel determined to create a marketplace for investing talent where talented investors like himself could excel and allow every investor access to better returns, transparency and insight once only available to wealthy individuals.
You can now mirror Dan's portfolio in your own brokerage account: www.kaching.com/dan