Episode description
Episode description
Our next guest lives in Singapore, where he founded a firm that trades in the commodity markets. In this episode, we trace his upbringing in the UK and his first job at Cargill to the start of his firm. We discuss the growth and downsizing periods he has gone through and how he builds a successful business.
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In This Episode, You’ll Learn:
- Where Mike grew up and how his upbringing shaped his career.
- How he was interested in travel from an early age, and found out about commodity trading in his final year of university.
- How he started out as a commodity merchant with Cargill.
- How he fell into rubber trading which led him to Singapore in 1984.
- About the beginnings of RCMA.
- How the commodity markets have changed over the years, and what kinds of companies are still working with commodity trading.
- The most important things he learned at Cargill that helped in the management of his own firm.
- What he learned before computers become ubiquitous on trading desks.
- What Mike likes to do in his spare time.
- How to make sure you are set up for success when you start a business or firm.
- How you get through the hard times of your business as an entrepreneur.
- What he does to organize his firm to make it run in the best way possible.
- How they’ve dealt with a boom and bust phase in their business, including personnel.
- The way that he has built the culture in his business.
- How investors should read a track record from a discretionary trader.
- What patterns he looks for when trading for commodities.
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