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Life is not linear you have ups and downs. It's how you deal with the trough that defines you.
Michael Lee-Chin
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Michael Lee-Chin
Age: 73
Born: 1951
Born: January 3
Businessman
Businessperson
Chairperson
LA
California
Downs
Defines
Linear
Deal
Deals
Life
Trough
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Private equity has been the purview of super wealthy individuals and institutions.
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I wouldn't have become an engineer, I wouldn't have done what I did, had a hand not been held out to me. I have to remember who helped me when I needed help. The people of Jamaica helped me. I can't forget that. I would be ungrateful if I forgot.
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I wouldn't be where I am, if not for Jamaica. My formative years were here. I wouldn't have the confidence that I have if I wasn't born here, because growing up here I knew I could become anybody I wanted to become. There was no ceiling on top of me.
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You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.
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The philosophy to 'buy and hold' is a philosophy that I use to manage funds.
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