Hearts & Minds Podcast Where Regal's Phil King is searching for opportunities | Regal Funds
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Oct 30, 2023 Phil King, a fund manager at Regal Funds, discusses his passion for stocks and ongoing search for opportunities. He talks about exciting sectors, setting up Regal Fund Management, managing other people's money, involvement with Hearts & Minds, and investing in Regal's Long Short Fund. The podcast also includes an interview with Phil King, a founding member of the podcast, discussing his insights and experiences in the industry.
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Early Investing
- Phil King bought his first shares at 14, sparked by his uncle's influence.
- Early success with BHP and Len Leis fueled his passion, leading him to a career in finance.
Accounting Cynicism
- Auditing horse stud Sezenho taught King about profit volatility based on horse valuations.
- This experience instilled a healthy cynicism about accounting and the motivations behind financial statements.
Stress vs. Reward
- Managing others' money is more stressful than managing one's own, especially due to its impact on people's lives.
- However, it's also rewarding, especially when generating returns for charities and foundations.