Co-founder of Sector Asset Management with more than three decades of experience from analysis of the global economy, commodities and capital markets.
J. Peter Andersland co-founded Sector Asset Management along with Wollert Hvide in August 1999.
Peter, born 1961, has more than three decades of experience from analysis of the global economy, commodities and capital markets. He has extensive investment experience from global investments in both real and financial assets, as well as financial derivatives and short selling.
1997-1999 Handelsbanken Markets, Head of Equities (Norway) 1994-1997 Marsoft Capital, Managing Partner 1991-1994 Christiania Fonds, Research Analyst, Head of Reasearch, Head of Equities 1986-1991 Gearbulk, Head of Market Research and Business Development
Peter holds a BBA from University of Miami/Florida International University and an MBA from Pacific Lutheran University where he graduated top 1% in his class.
Asset owners are swamped by a multitude of assets and investment strategies. However, behind all the noise, there are only five underlying sources of return. Profitable investing necessitates both an understanding of such underlying sources of return, as well as, the skills to harvest them.
Everybody is looking for ‘winners’ to invest in. Trouble is, ‘positive’ information is less robust than ‘negative’, and competition devalues ‘positive’ information far more than ‘negative’. Hence the proposed inversion of mindset: eliminating losers rather than searching for winners; minimizing the information employed; striving for simplicity.
Mr. Market’s weakness is weighting portfolio positions based on market capitalization. Even monkeys have discovered they can beat Mr. Market, as long as they sever the link between price and portfolio positions’ size. This is the first step on the road to beating Mr. Market. Skilled active management is the continuation.