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Insider takes you behind the scenes of our best stories with our Inside Story series. This week, we chat with senior investment reporter Vicky Huang. Huang talks about hedging the markets, a day on the beat, and investing in crypto for beginners.
How does it feel to be an investment reporter at Insider? And how did you get interested in hedging the investment?
The pace of investing at Insider is unique in that it is broad and inclusive, which means I could cover everything from the impact of inflation and QE on financial markets to the meteoric rise. even stocks and extraordinary fluctuations in cryptocurrency prices. Because the markets are constantly changing, no day is really the same.
The adrenaline rush and excitement that comes with hedging markets and investing was what first caught my eye five years ago. I started my market coverage by following the biggest Chinese tech stocks, such as Alibaba, Baidu, and Tencent. I later had the opportunity to speak to a wide range of fund managers on a daily basis as part of my job spanning the asset and wealth management industries for two financial trade publications.
As I learned more about the impact of investment decisions not only on the global economy but also on our daily lives, I became fascinated and started to search for courses, books and podcasts on investing outside of work. Along the way, I think I became a big investment nerd.
What are the biggest events you follow?
The past year has been a mad race. I’ve followed some of the biggest events in the markets, such as the rise of superstar Cathie Wood, the resurgence of cryptocurrencies, and the meme stock frenzy.
I keep a close eye on the impact of inflation on the markets, the latest focus of retail traders who have become a dominant force in the stock market, and of course the ever-changing crypto space.
Guide me through a day at your own pace.
A typical day begins with reviewing the day’s charts and economic data, then reading my inbox, where I pick the most relevant research and newsletters to read to get a feel for the key topics on which investors are concentrating.
After that, I write an interview-based pitch or in-depth research note that I would like to unwrap for my editors to review. When I start writing my story for the day, I usually have Bloomberg TV or CNBC on another screen, just to make sure I catch big market developments and incorporate relevant information into my story.
Throughout the day, I usually have a few occasional talks or make-up calls with sources. It’s a lot of reading and writing, which are two of my favorite things to do.
What’s the hardest part about covering wealth and finance?
The most difficult but also fun part for me was keeping my finger on the pulse of the markets. Because I have never managed or invested money for others, sometimes I worry that I am not aware of what is really going on below the surface in the markets, but this can be resolved through reporting and sourcing. thorough.
What excites you the most about your job?
I’m so excited for the opportunity to not only learn more about the markets every day, but also to learn by chatting with some of the smartest people on Wall Street and beyond. For me, this has been the best and fastest way to learn and really understand some of the more complicated concepts in finance and investing.
You hedge the crypto pretty tightly. Do you think average people should invest in this market?
I think crypto, especially major cryptocurrencies like bitcoin and ethereum, is not going to go away despite the speculative frenzy. As an emerging and rapidly developing market, it is very fascinating and exciting to cover, but it is also extremely volatile.
For the average investor, my rule of thumb for the crypto market is to never invest money that you absolutely cannot afford to lose.
Read some of Vicky’s greatest stories:
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