What Makes Jake Gottlieb A Successful Hedge Fund Manager?

Jacob Jay Gottlieb began his career as an internal medicine intern at St. Vincent’s hospital in New York. He had graduated from New York University Medical School with a Doctor of Medicine degree.



Besides his education in the medical field, Jacob is a Chartered Financial Analyst. He is a graduate of Brown University where he graduated with a Bachelor of Arts in economics.



His aspirations to become a financial guru led him to quit the medical field. Jacob was a buy-side analyst and researcher for two years at Sanford C. Bernstein and Co. He then worked at Merlin Financial in London as a portfolio manager for a year. Jacob then advanced to partner at Balyasny Asset Management where he worked for four years.



In 2005, he founded Visium Asset Management. Visium’s first product was a health care fund called the Visium Balanced Fund.



Jacob Gottlieb’s parents emigrated from Poland to the USA in the 1960s. His father, Max Gottlieb, is a professor of economics at the City of New York University. His mother, Dr. Helena Gottlieb, is a pediatrician. Jacob picked up his love for his two professions from both parents.



In his 7th grade, there was a contest at school. This contest was about picking stocks. Jacob chose the winning stock. His father arranged for Jacob to have his investment trading account.



Jacob gained entrepreneurial experience at a young age. He bought beverages from a store and sold them at a profit to golfers at a local course. In addition, Jacob was a baseball card trader. He owned several full team card collections.



As the chief investments officer of Visium Asset management, Jacob enjoys playing poker. He, together with a small group of hedge fund managers, meets in each other’s home for a game. To Gottlieb, it is a way of catching up with one another and discussing issues affecting their businesses.



Visium manages assets amounting to billions. Most fund managers would be content. Jacob plans to transform his firm into a multi-product, multi-strategy powerhouse to rival the most successful hedge fund managers.



Nevertheless, Jacob notes that managing multiple strategies is comparable to being a surgeon. Both are risk takers. Doctors have to manage and decrease the risk faced by patients. Fund managers need to manage finances and manage the risks involved when investing.



The staffs at Visium have a collaborative organizational culture. This allows them to look at strategies closely before they invest. Jake Gottlieb has a very levelheaded approach to investing. He is not too excited when things work out. Neither does he get depressed when the outcome is unfavorable.



You must give to get. Jacob understands this better than anyone else does. He contributes towards Robin Hood. This charity organization seeks to help ease poverty among New York City dwellers.



Robin Hood acts as an umbrella charity organization. They collect your donation, which they then provide to the best 200 charities. They provide support in the form of financial aid, real estate, and management support.