Dear Financial Voice Reader,
I write to you from Menlo Park, Mountain View, Stanford University and Palo Alto – essentially the home of some of immense entrepreneurial wealth creation since the days of Edison. I write to you from here in the midst of looking for Venture Capital backing for my amazing Fintech, although I’ll do fine without it.
Years ago, I had asked the UK’s largest seller of private investor software, if they would create a piece of software for me based on my investing criteria. They could market it licensing my name and call it the ‘Alpesh Patel Special Edition’ of their main software. I knew if I was to beat the biggest fund managers, with their dozens of analysts, I could not do so by simply trying to outspend them. I could not do so by replicating their strategy. I had to look for their perceived strengths and outsmart them, turning those strengths into weaknesses.
So how do I compete with that? How do I compete without the analysts, and doing something other than investing in the biggest and best British companies?
So I developed some formulas, based on years of experience and eons of analysis. Not for me evenings out and holidays. Even on rare vacations I would be perfecting the formulae I would eventually use. My magnificent obsession. My nickname among my closest friends became ‘Alpy the Obsessed’.
The result? In 2004, we launched the Alpesh Patel Special Edition of Sharescope. It has since then year on year beaten the biggest and best fund managers in the UK. It has trounced them in fact. Not every stock has been brilliant. But in aggregate, the portfolio as a whole won.
How does the story end? Well last year – 11 years after launching – we still trounce the performance of Warren Buffett and every single fund manager investing in UK companies. Trounce by a lot. In 2016, when we looked at 2015’s performance, the market was down over 6% we were up over 23%!
In the film ‘Moneyball’ the Brad Pitt character is offered a multi-million pound contract to play for one of the big teams. He turns it down. He wants to change the game of big money baseball management forever. How does my story end?
You can buy my software from www.sharescope.co.uk/alpesh and www.alpeshpatel.com/go .
You can see on there my annual performance track record. I could have worked for Goldman Sachs. I prefer not to. I do not charge you 2% to manage your money. You have the software and the power in your own hands. Has the game of big money management changed forever? You decide.
I’ll let you know how it goes in Menlo Park, Mountain View and Palo Alto.
