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A ski bum?s guide to the markets

Cover of Effective Investing by Mark Dampier EXCLUSIVE Hargreaves Lansdown?s research director Mark Dampier has 30 years? experience in the investment industry. Here we publish extracts from his first book.

I don't invest in shares. I know nothing about them. Wrong!
The reason I know that anyone can become a successful investor without any prior knowledge is that I have travelled the full length of that road myself. The little I knew about investing on the day I started [in 1983] was hardly worth knowing.

I did have a degree, but it was in a subject ? law ? that I found stultifyingly dull. After going to law college, I soon decided that spending 40 years doing conveyancing work, which seems to be the fate awaiting most lawyers of my ability, had little appeal. I was on the lookout for something more interesting. Investment turned out to be the answer, and it is a career choice I have never regretted.
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