Birdies, Bogies, and Billions — Social Mood Behind Golf and Global Investment Strategy
Kevin Armstrong is a man with two passions: golf and investment markets. After picking up golf as a child in Scotland, he played the sport at Oxford University. He got into equity sales at Merrill Lynch immediately after graduating in 1981.
At Merrill, he learned technical strategy from Bob Farrell and discovered the Elliott Wave Principle. As a longtime subscriber to Robert Prechter’s analysis, Armstrong was an early adopter of socionomics. In 1996, he moved to the green acres of New Zealand, and began work as CIO and Chairman Regional Investment Committee at Australia and New Zealand Banking Group.
Hear how the socionomic hypothesis influenced Armstrong as he managed investment strategies on more than eight billion dollars of assets for the ANZ Group, and how social mood patterns show up not only in the markets, but in golf winnings, too:
Without publicizing it continually through the writings I did for the clients at the time, yes: social mood, [the] socionomic hypothesis greatly influenced the way we invested and what we and what we believe drove markets.
-Kevin Armstrong
Alongside his 30+ years in the markets, Armstrong maintains a single-digit golf handicap and is an accredited rules official in New Zealand. His new book, Bulls, Birdies, Bogeys and Bears, brings a historical perspective to the connection between golf and investment markets.
At the third annual Social Mood Conference, Armstrong will reveal the “historically deep and sometimes surprising interrelationship between the world’s two ‘Great Games'” from a socionomic perspective. Register now >>
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