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Delegating - Portfolio Manager

Every team must decide which stocks to buy, when to buy them, when to hold them, and when to sell them.  This is the job of the Portfolio Manager.

While the Porfolio Manager makes these decisions, it isn't done alone.  Without information from the Market Analyst and Asset Manager, the Portfolio Manager is doing little more than flipping a coin!

Some teams use a single Portfolio Manager making the decision.  Some use a teamwork approach with the Asset Manager, Market Analyst and Portfolio Manager each having a vote.

 

Key Traits:

* Analytical - the ability to take information and arrive at a logical conclusion.
* Decisiveness - decisions need to be made quickly without rushing to judgment.
* Dispassionate - some decisions will be right, some will be wrong.  Getting overly emotional for or against a stock can cloud judgment and hurt the team.