Advice / Life Lesson
I Quit Banking: Goldman Sachs, Morgan Stanley and still make $100K-1m+ a year. Here’s How.
Funny enough, I spend way less now despite a better lifestyle and make a better net cash in!
The above picture is a synopsis of investment returns that my boutique India-focused hedge fund has made since I moved out of investment banking / private equity. Yes, could give any top global hedge fund a run for their money.
I Quit Investment Banking / private equity in my early 30s [read- fancy Goldman Sachs, Morgan Stanley London / EMEA] and still make $100K-1m+ a year!
Funny enough, I spend way less now despite a better lifestyle!
Yes, you heard that right. This isn’t a click-bait. I do make $ 6-figure a year [and much more in better years] despite not being a fancy investment banker or a private equity chap in a London / New York anymore or loitering around in posh Mayfair restaurants eating $200 steaks, wearing a bespoke Saville Row $2000 suit!
Here is a synopsis of who I am, what I do, where I have been and what I am doing right now.
Background:
Education: Indian Institute of Technology (IIT), HEC Paris School Management Grande Ecole (Masters in Management), Stanford University
Work-Experience: 2X start-up founder, ex-investment banker at Goldman Sachs Financial Institutions Group EMEA (London), Morgan Stanley Real Estate EMEA (London), and Advisor to Global Infrastructure Partners: the world’s largest Infrastructure Private Equity Group.
I run my hedge fund and family investment office now: Bimtek Capital,
At 34, I live a semi-retired life, spending 80%, if not more, of my time, sitting and reading all day, making sense of things around me and their implications in the investment world and in general.
HOW DID I DO IT? And Why should YOU care?
HOW: You’ll find out in my subsequent articles, where I intend to share my journey and quick learnings that you may freely borrow.
WHY: I have recently started writing on Medium about- all things finance, and life and to assist people in their path to financial independence. If I can guide some (or any) of the members in this endeavour- then I shall consider this “Medium” exercise as successful!
WHAT should you expect from my posts here?
They will cover all-things-finance-related: savings (habits, how-to), investments (stocks, bonds, crypto, real estate, gold, mutual funds, anything!), career advice in finance (investment banking / private equity/consulting/tax and audit/advisory) or anything related to personal finance learning!
Who should follow me and my content on jeetwincasinos.com?
Are you an entrepreneur or aspiring to be one?
Seeking a career in investment banking, private equity, hedge funds?
Keen on the inside scoop in the world of finance beyond ‘The Wolf of Wall Street?’
Contemplating a path to financial independence?
Or an avid learner, student-of-life looking to widen your perspective and principles of life?
If, the answer to any of the above is YES, then you should go ahead and follow me!
Additional Links in case you are still interested:
My most recent monthly investor newsletter: Sept-2024 and in case you want this straight in your inbox going forward
If you are still reading this, here’s a 1-min synopsis of my life’s journey to date:
Mohit Chawla runs his investment office, Bimtek Group, in India. Bimtek is focused on Capital Markets (Public, Private Equities), Real Estate (commercial, residential), Infrastructure (logistic parks, warehouses), and early-stage venture (start-up) investments. Read more about Bimtek here:
Mohit comes with over 15 years of diverse experience and skill sets across several business sectors and geographies, having worked in the financial markets (both on the sell side: investment banking and buy side: private equity, hedge funds) across Europe, US, Middle East and India; in real estate design, development and consultancy across India and Europe; and is a 2X entrepreneur having successfully built, scaled and exited venture-capital backed start-ups with operations across Europe, the Americas, and India.
Before moving back to India to launch Bimtek in 2019, Mohit worked extensively across Europe and the Middle East, including in investment banking with Goldman Sachs (Financial Institutions Group, EMEA London desk), Morgan Stanley Real Estate EMEA, as well as in investment management with the world’s largest infrastructure private equity GIP’s Asia platform, Equis.
Mohit holds a bachelor’s degree from the Indian Institute of Technology (IIT) Roorkee, a Masters in Management degree (majoring in finance, graduating with Dean’s List Roll of Honours) from HEC Paris and a Graduate Diploma from Stanford University. He was featured in Forbes’ publication on “Young Leaders of the Future, 2016”. For his academic contributions and excellence, he was felicitated with the ‘Charpak’ Scholar Award by the French government in the years 2013 and 2014.
In his leisure time, besides reading, meditating and following sports, Mohit actively contributes to the Indian ecosystem as an advisor, guest lecturer, keynote speaker, and business-plan competition judge at premier institutions such as the Indian Institute of Technology (IIT), Delhi University Aurobindo College, College of Vocational Studies and industry events such as Family Office summit by VCCircle and HT Media, among others.
He prides association with football for over 20 years, having represented New Delhi in Junior National competitions as well as clubs in France, Germany and India. Born and brought up in New Delhi, India, Mohit has lived, studied and worked across India, US, Germany, France, UK and Dubai. Learn more about Mohit here:
Enjoyed reading this? Follow me on Medium: Mohit Chawla and my blog covering personal finance, all-things-finance: FinanceBroIndia
A clap and or a kind comment here is much appreciated. Until next time!
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