The secret weapon to beat the city professionals

Private investors have one massive advantage over fund managers. And it's so counter intuitive, you'll probably think it's not an advantage at all. Bengt Saelensminde explains.

As private investors, we have one massive advantage over fund managers. And it's so counter intuitive, you'll probably think it's not an advantage at all; in fact you may think I've lost my marbles.

But here goes: We are allowed to make bad investments.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.