Farewell to TK
It is with mixed feelings that I announce Tim Kelley’s (aka ‘TK’) retirement from Montgomery Investment Management, effective 30 September 2021.
No doubt a difficult decision for Tim, he leaves Montgomery in a stronger position for his material contributions since joining the firm in 2010 as its fourth employee.
Tim’s impact goes beyond his stock picks, his role as Portfolio Manager for The Montgomery Fund between 2011 and 2019, his analysis, and the establishment of many of the quantitative elements of our investment process. He has also been a rock and the cornerstone in most of the negotiations our firm has navigated during its establishment and growth.
Indeed, Tim’s final project and legacy has been drafting our investment guidelines to integrate environmental, social and corporate governance (ESG) considerations into our investment process.
I greatly appreciate Tim’s keen insights, his robust and enduring contributions to the culture and success of Montgomery Investment Management, his patient and respectful disposition, and his friendship.
It is with sincere and very warm wishes that I thank Tim for his contribution to the life of our firm.
Tim remains a shareholder of Montgomery Investment Management and a good friend to all of us.
As a proficient surfer, we hope and pray for perfect waves to carry Tim and his beautiful family into and beyond the next phase of their lives together. With genuine and heartfelt thanks we all wish Tim the greatest joy and the very best.
We invite all readers to extend their good wishes to Tim in the comments section.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Brian Marshall
:
I will really miss Tim’s calm and articulate Video Insights which always conveyed a well reasoned and clear message. Thanks and all the very best for the future TK.
Paul
:
All the best Tim, I will definitely miss your intelligent insights. Have always been interested in what you had to say.
Lester Green
:
I am sincerely going to miss Tim’s contributions to the regular educational blogs and I kind of feel sad that we will not be hearing more of his quiet but sound wisdom in the future,.
“Nothing stays the same” so they say………..Best of luck for the future Tim.
Adam
:
Thanks Tim = Loved your work !,= Very Informative & great analysis of the market & companies, as I have followed you from your first day at Montgomery.
All the best in future, Adam
Nir Halevi
:
Thank you Tim for your modest and quiet way of achieving results.
All the best.
Anthony
:
As a frequent reader of these Montgomery pieces, thank you for your insightful contributions to the investing community. I wish you all the best in your future endeavours. Anthony
Richard Swanson
:
Sad news.. I will always remember the first times I encountered Tim on Your Money Your Call I think it was. I used to think “this guy knows his stuff” and I picked up many useful tips that are still in my portfolio today.
I can only imagine the sadness from all at the Fund as I even feel it here and I never met the man
Good luck for the future Tim and may life be kind to you and your family in all of your endeavours.
Richard
Robert Warren
:
Thanks Tim for the years of interesting and VALUEABLE information best wishes for you and your families future good luck