Traders have driven the entire wealth of our markets – both up and down – over the last ten years. As the global cycle has shifted, and wealth in the Western World has moved towards the Accumulators who are accumulating their assets, the Traders are increasingly moving towards the emerging economies in the East.
Jim Rogers (Singapore) – Rogers is a Trader who is constantly in the news as he has continued to move as markets have changed. After making his fortune in the US, with George Soros in the Soros fund, Rogers first moved into commodities, and then moved to Asia. He has set up indexes in these areas that have allowed him to earn from the investment in his indexes. He recently said to a group of Oxford university students “The power is shifting again from the financial centers to the producers of real goods. The place to be is in commodities, raw materials, natural resources.”
George Soros (USA) – Soros, who made his name making a billion dollars betting against Sterling, has recently closed down his hedge fund altogether, taking his $14.5 billion and managing it in his personal trust. He remains an outspoken critic of current government policy and is focusing on the global challenges of democracy with his philanthropy work.
Mikhail Fridman (Russia) – Fridman began trading commodities in Russia, and moved to energy trading and then entire processing businesses through his Alfa Capital. Like Soros, he has grown his interest in balance and democracy into politics. Today he is worth $15.1 billion, and has exited many of his holdings.
The shift in the global cycle can be seen by the actions of the leading profiles and how they are operating at any time. As Roger Hamilton says, the shift to the winter phase of business can be seen by not only the wealth of Accumulators but the defensive strategies of the top Traders.
“Waves have ups and downs, but all seas still have a level. Every peak has a trough. Seeing every market as a rolling wave allows us to see where we should be, and when, based on our profile.”
– Roger Hamilton
Want to find out whether or not you are a Trader. Take the Talent Dynamics Profile Test here and find out.
You can read about the other eight Talent Dynamics profiles here.
Julia Felton (aka The Business Wrangler) is the founder of Business HorsePower. Business leaders, entrepreneurs and executives hire her to accelerate their business performance by harnessing the energy of their people to work more collaboratively together. By aligning purpose with actions the team achieves exponential results as everyone starts pulling in the same direction.
Julia believes that business is a force for good and through designing purpose-driven businesses that leverage the laws of nature, and the herd, you can create businesses founded on the principles of connection, collaboration and community that make a significant impact in the world.
