Are you stressed to the max about your hedge fund trading style? If so, the Miami-based South Florida Hedge Fund Managers Association had the ultimate self-help workshop for you.
The hedge fund alliance was scheduled to offer a trading psychology seminar by well-known psychiatrist Ari Kiev in Miami on Feb. 27. Dr. Kiev has worked with professional and Olympic athletes as well as corporate executives and, in recent years, has developed a specialty hedge fund practice. Dr. Kiev focuses closely on the psychology of hedge fund managers and how they manage their working lives and companies.
On his website, Dr. Kiev wrote: One of the very biggest problems of all is of ... star hedge fund managers being unable to cope with the extra responsibility of managing a team or a rapidly expanding team, as their funds under management grow into a billion-plus (dollars) from being just a few hundred million (dollars). The assumption that people that you hired can manage themselves is a real problem for many of the star managers.
Hedge fund owners, portfolio managers and traders who couldn't make it to Miami might find helpful advice on Dr. Kiev's website, www.arikiev.com. In particular, he answers readers' questions in detail on his blog and offers more advice through a series of podcasts.