Jacob Gottlieb is a highly successful hedge fund manager. At 40 years of age, he gathers once a month in Manhattan with a group of hedge fund managers to play high-stakes poker with friends who like showing off their skills. However, it’s not about engaging in cutthroat competition. These good friends get together to catch up on work and life, and to hang out leisurely with each other. The good thing is that nobody wins or loses too much, and they all enjoy discussing business.
Jacob Gottlieb has an interesting background. He trained as a doctor before deciding that finance would be his business forte. As such, he founded Visium Asset Management in 2005. His company manages around $3.5 billion in assets. Gottlieb’s success and considerable knowledge in health care stocks served as a launching pad for this company. Visium’s stand-out product is a long-short health equity fund and carries $2.4 billion in assets.
Gottlieb has a lofty goal of making his company one of the most successful hedge funds on the market. He says the secret will be high-quality and high-integrity dealings. Doing things right the first time around is the way to get things done. His company had laid the groundwork for long-term longevity through smart investments. He is now working hard on allocating capital to different traders along with hiring the best managers and investment people to bring his plan to fruition.
Gottlieb’s talents for investing came at an early age. As a youth, he traded baseball cards. In the seventh grade, he won a school contest in picking winning stocks. This impressed his father who felt it was time to give young Jacob his own trading account. This was Gottlieb’s entrepreneurial spirit working its way to the surface.
Personality wise, Gottlieb is a thoughtful individual who believes there are ways to choose the right career for anyone. As such, physicians and stock brokers do have risk and risk management considerations in common. Gottlieb can also add working with homeless children to his resume. He also works closely with the Robin Hood New York charity and other organizations like Math for America.