While many aspire to perform well in the market, less than 10% of hedge fund managers do so. Sometimes, this is due to picking bad stocks, while other times, it is due to those who fail to pick winning stocks. 

Early on, Danial Jiwani knew he wanted to enter the world of finance. His desire to succeed inspired him to study finance and, at 16, to author Buffett’s 2-Step Stock Market Strategy.

Early Beginnings in High School Economics

Jiwani’s early beginnings began in high school, when he noticed a fellow peer struggling in an advanced placement economics class. He wanted to help her succeed, so he wrote a 100-page booklet on how to pass the economics exam.

This joy in helping people inspired him to write a book on a broader impact topic: stock market investing.

“I grew up financially poor, working a minimum wage job at Walgreens,” the author shares. “I knew I needed that I needed more money to start trading. So, I decided to publish a book on everything I knew about trading, Buffett’s 2-step Stock Market Strategy.”

The Impact of the Pandemic on Education

The COVID-19 pandemic disrupted the world in unprecedented ways. This was especially true for educators, who struggled to balance the transition to remote education during this time. According to Jiwani, many os his teachers stopped giving exams and homework to make life easier for their students.

“Instead of studying for exams for one year, I started writing my book on vesting,” he says.

The Price of Success

The book Jiwani wrote, which later became an Amazon #1 bestseller, inspired him to continue his efforts in finance. 

“I was a horrible investor when I first started,” he shares. “I lost most of a 5k gift given by my grandfather.

Despite this, world-class investors began reading Buffett’s two-step Stock Market Strategy when he had barely entered college.

The Impact of Buffett’s 2-step Stock Market Strategy

After writing Buffett’s 2-step Stock Market Strategy, Jiwani would learn that a CIO of a multi-billion-dollar investment fund was reading his book.

“The reason this was important to me was that this was a fund that I had always dreamed of working at for many years,” Jiwani explains. “The CIO had asked me for my resume because they were presumably interested in interviewing me for a job.”

Although Jiwani had always dreamed of working at this fund, he was hesitant to do so because he wanted to do something distinctive, which included outperforming in the market. This resulted in him investing in the market, which Jiwani shares, which is still ongoing.  

Future Goals

Danial Jiwani aims to continue working to pick stocks and inspire others through his work. His next book, Pick Stocks That Go Up, focuses on what he’s learned while picking stocks and offers practical information on how others can learn to do just as he has.