ICR192: Lars Kroijer, Investing Demystified

My guest on the podcast today is Lars Kroijer, former hedge fund manager and author of Investing Demystified.

Lars was the chief investment officer of Holte Capital, a London-based market neutral special situations hedge fund which he founded in 2002 before returning external capital in the spring of 2008.

Prior to establishing Holte Capital, he served in the London office of HBK Investments focusing on special situations investing and event-driven arbitrage. He's also worked at SC Fundamental, a value-focused hedge fund in New York.

Lars graduated Magna cum Laude from Harvard University with a degree in economics and received an MBA from Harvard Business School.

His first book was "Money Mavericks - Confessions of a Hedge Fund Manager". He's also the author of "Investing Demystified - How to Invest Without Speculation and Sleepless Nights", which has a second edition out next month from FT Publishing.

In this episode of Informed Choice Radio, I speak to Lars about what makes investing so complex, why a low cost approach to investing works well for most investors, the lowest risk investment available in the current economic environment, the impact tax and liquidity has on portfolio returns, and much more.

Welcome to Investing Demystified with Lars Kroijer, in episode 192 of Informed Choice Radio.

 

Some questions I ask:

-What is it that makes investing so complex?

-Why does a low cost approach to invest in work best for most investors?

-Where's that line drawn between investors who should go for a low cost passive approach and those that should put their faith in professional fund managers and hope to get better returns?

-How can investors go about constructing a portfolio which performs well?

-What steps would investors take to determine what the right split was between the equity proportion and the gilt proportion?

-What are the lowest risk investments that people can make in this current environment?

-How much of an impact does tax and liquidity have on your investment returns?

-To what extent does our behaviour influence investment returns?

 

Thank you for listening!

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