Paul Mumford Recounts A Financial History From The Sharp End In His Autobiography The Stock Picker

Paul Mumford Recounts A Financial History From The Sharp End In His Autobiography The Stock Picker

Star fund manager Paul Mumford recounts a financial history from the sharp end in his autobiography “The Stock Picker.”

Good stock pickers are typically counter-cyclical, says Paul Mumford, Fund Manager at Cavendish Asset Management. Mumford discussed his new book “The Stock Picker” with Daybreak Europe’s Markus Karlsson, arguing that sterling’s fall is temporary and that firms suffering from current pound weakness, are bound to rebound and present an opportunity for equity investors.

This is a Bloomberg podcast.

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

“Paul Mumford’s wealth of experience and accumulated knowledge as a stock picker over many years of turmoil is worth its weight in gold!” – David Buik MBE, Panmure Gordon & Co

In this new book, The Stock Picker, Paul Mumford takes a deeply personal look back at his time investing: exploring not only the secrets of his successful approach to the markets and how to find great shares but reminiscing about the changes that have taken place in the investing world since the early 1960s.

The Stock Picker: A financial history from the sharp end by Paul Mumford

Paul Mumford is a noted stock-picker with over 50 years’ experience in the markets – first as a stock broker and then as a star fund manager for Cavendish. In his book he covers how his own personal life has influenced his stock-picking approach: from running his own bookmaking business as a schoolboy to an ill-fated attempt at oil painting at night school (not to mention the vibrant music scene of the late 1950s).

Paul says of the book:

“It provides a unique financial history straight from the horse’s mouth and whilst not an investing how-to, I hope that there is much to learn from it with its evocative window into a vanished City of stock jobbers, messenger boys, luncheon vouchers and ledger-keepers – not to mention financial crises, scandals, booms and busts, and the life and death of companies great and small.” 

The Stock Picker is a charming and readable autobiography that pulls no punches – ideal for any investor interested in what has made a leading fund manager tick, or who simply wants to spend some time nostalgically looking back at how the investing and wider world has changed over the years.

“As his clients will attest, Paul Mumford is no ordinary investor … So it should come as no surprise that, with this entertaining and insightful blend of personal and professional experience, he has produced no ordinary investment book.”  – Julian Marr, editor, Professional Adviser

About The Author

Paul Mumford is one of the longest-serving fund managers in the UK, with 50 years’ experience in the markets as a stockbroker and fund manager.

He runs the Cavendish Opportunities Fund, AIM Fund and Select Fund, having launched the first in 1988 as the Glenfriars Opportunities Fund. He is a stock picker who aims to find shares in undervalued companies and often ends up swimming against the tide and buying unloved shares.

Paul has three daughters and two granddaughters. His outside interests include bridge (having obtained the rank of Life Master) supporting live music at local venues, and following two football teams as a season ticket holder.


Updated on

No posts to display