Rana Chauhan, Counsel’s Chief Investment Strategist gives us his Industry Insight.
Rana Chauhan, BIO
What I've believed in is to bring order to chaos, to seek structure in the middle of a great deal of uncertainty and define reality - separating sound from noise. To use the data we have from the past and present with honesty about the unknowable future. To not rely on the use of forecasts, relationships or emotions to guide decisions, but to substitute facts, logic and reason. To have a relentless focus know what works, what doesn't and why. Understand the "Why" behind whats happening, and what are the possibilities.
Things change constantly! I've aimed to take what is unclear and make it clear. To take what is a vague concept and make it into a process. To take a system without metrics, strategy, and discipline, and install all of those things simultaneously. To best define reality. This requires being "centre-brained" - a combination of creative and analytical.
As Hans Hofgmsn says "The ability to simplify means to eliminate the unnecessary so that the necessary may speak."
I believe in a multidisciplinary approach to issues. It's made life more fun, and constructive. This comes form my background in the health sciences, physical sciences, and finance. This teaches us to think in inversion viewpoints - a change in the order of things, a point of reversal. these points happen in medicine, physics and finance.
To tackle the hardest problems, because those are the ones that make us strong, especially when we fail at solving them To have perspective, patience and planning.
"What we try to do is take advantage of errors others make, usually because they are too short-term oriented, or they react to dramatic events, or they overestimate the impact of events, and so on." - Bill Miller
PS it helps to have a sense of humor, some Buddha skills and some Ninja skills.