Michael Lee
Michael Lee
Drummer who has toured with ex-members of Led Zeppelin and who later toured with artists like Jeff Martin.
ProfessionDrummer
Date of Birth19 November 1969
best boxing couple hurt rebounds trying
They're big guys, especially Freeman. We were trying to do the best we could boxing them out but unfortunately they got a couple of long rebounds . . . and it really hurt us in the long run.
artist draft reveals revision
The first draft reveals the art, revision reveals the artist
It doesn't feel good, I can tell you that.
building businesses developed generate great success
I didn't generate my success by being a prognosticator. I developed my reputation building our businesses by building great businesses and making them more efficient.
business cash flow good intrinsic value
Gold is a commodity; over the long run, as we look back, it has not been a good investment. You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.
life ups
Life is not linear; you have ups and downs. It's how you deal with the troughs that defines you.
jamaica easy
Doing business in Jamaica is not easy, but it is rewarding.
firsts boxes cardboard-boxes
My first playpen was a cardboard box.
individual institutions wealthy
Private equity has been the purview of super wealthy individuals and institutions.
philosophy use fund
The philosophy to 'buy and hold' is a philosophy that I use to manage funds.
way being-me wealth
I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.
growing liquid wealth
My wealth came from growing businesses. I had wealth, but not liquidity. Basically I transferred illiquid shares of AIC for liquid shares of Manulife. Now I'm the biggest individual shareholder of Manulife.
successful jamaica commercial-banks
The mantra of the National Commercial Bank is 'building a better Jamaica.' If this bank is going to be everlastingly successful, it has to take on the ailments of this society.
cash-flow giving the-end-of-the-day
You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.