The Demanding Nature of Fund Management - luck and preparedness

Fund management is an extremely demanding job that requires constant vigilance and dedication. Aspiring fund managers should be prepared for the heavy commitment and consider whether they are value or growth investors. It's important to identify and address any behavioral bad habits that may hinder success. Additionally, having an awareness of the unpredictability of the investing world is crucial. Finally, the speaker reflects on the element of luck in investment opportunities and mentions the unpredictability of the market, emphasizing the need to be prepared for anything.