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Delegating - Asset Manager Role

The Asset Manager has the answer to the three most critical questions every team has:

  1. How much cash do we have?
  2. What stocks do we own?
  3. How many shares do we own of them?

As prices change, a good Asset Manager can quickly tell the team how much (in dollars) is invested in any given stock.  Since these prices change every 60 seconds, this is a lot of work! 

 

Key Traits:

* Organized - accurately tracking every sale or purchase isn't easy
* Math skills - being able to quickly calculate the team's portfolio exposure (eg: a team owning 5,000 shares of a $20 stock has an exposure of $100,000)