EP66: Joel Salomon’s Mission to Help Others Find Financial Freedom
Why would someone who is running a successful hedge fund shut it down and make a career pivot? For Joel Salomon it was about making a shift to author and prosperity coach to help as many people as he could to achieve financial freedom.
Joel is a Prosperity Coach. He works closely with his clients to help identify and overcome the roadblocks standing in their way of personal financial freedom.
He recently published Mindful Money Management: Memoirs of a Hedge Fund Manager, which immediately became a Best Seller.
In 2012, Joel launched his own hedge fund, SaLaurMor Capital (named after his daughters, Lauren and Morgan). This was a dream that Joel had had from the early 1990s. Since inception he outperformed the hedge fund index and in many significant down months, he was able to consistently generate positive returns for his investors. He shut it down in 2016 to pursue his current dream.
Prior to SaLaurMor, Joel was a portfolio manager at Citi where he managed a long/short equity and credit portfolio focused on insurers, asset managers, and specialty finance companies. Joel successfully grew that portfolio from under $100 Million in 2008 to $700 Million in 2011. In each full year as portfolio manager, he generated positive returns, including in 2008 when the market collapsed 40%.
Joel has spent over 20 years analyzing, rating, and reporting on global insurers. He has over a decade of experience investing in financial stocks and working at insurance and reinsurance companies.
Joel was designated a Fellow of the Society of Actuaries in 1992 and has been a Chartered Financial Analyst since 1995.
Joel holds a bachelor’s degree from the University of Rochester where he graduated Magna Cum Laude with a double major in Mathematics and Statistics. He is also a Certified Infinite Possibilities trainer.
Joel Salomon is committed to helping people become financially free. Find out more at SaLaurMor.com