“Staying organized is not so hard – the really tough stuff is figuring out how to make money for people.” – Rob Hartman (Tweet)
In starting any business, you run into unexpected roadblocks and challenges, and you learn something from each mistake. Our next guest is the founder of a trading firm who has grown his business twice and learned how to overcome the barriers in his way. We can learn a lot from someone who is ready for the unexpected whether it is good or bad.
Thanks for listening and welcome our guest Rob Hartman.
In This Episode, You’ll Learn:
- About his childhood in Upstate New York and Pennsylvania.
- Rob’s interest in music and sports.
“I was an OK student – but the things I was interested in I was fanatical about.” – Rob Hartman (Tweet)
- How his early Rock and Roll career faired and how he went into the financial industry.
- How he got hired at IBM.
- His years at IBM and the lessons it taught him.
- How his fascination for trading started after he began a consulting business.
“It was the dot-com boom – this place was just going crazy here in the Bay Area.” – Rob Hartman (Tweet)
- The tipping point: when he went full-in to the trading business.
- How he learned about different strategies and tested them.
- When he came upon trend following and what made him stick with it.
“The trend following approach seemed to be reasonably profitable and I could just rationalize it pretty well on a go-forward basis.” – Rob Hartman (Tweet)
- What kind of trend following he started with.
- How a drawdown taught him he needed to differentiate himself from other managers.
- The lessons that his first expansion stage taught him.
- The big event that happened after 2010 that changed everything.
“MF Global happens, and essentially overnight I’m out of business.” – Rob Hartman (Tweet)
- About MF Global and the meltdown of that firm.
- An overview of the programs that his firm runs.
- How he manages investor expectations with a small team.
“What’s the single point of failure? Well clearly it’s me.” – Rob Hartman (Tweet)
- How he outsources operational roles in order to cut costs and remain a one-man shop.
Resources & Links Mentioned in this Episode:
Learn about IBM.
Find out more about MF Global and events surrounding that company’s bankruptcy.
This episode was sponsored by Swiss Financial Services:
Connect with Pacific Capital Advisors:
Visit the Website: www.PacificCapitalAdvisors.com
Call Pacific Capital Advisors: +1 650-988-9721
E-Mail Pacific Capital Advisors via this form.
Follow Rob Hartman on Linkedin
“I think of systematic trading as a wonderful way to do as much worrying as you can as soon as possible.” – Rob Hartman (Tweet)