You are interpreting it wrong. Full TIME investor has an important word Time in it. How much of your time is involved in the activity will decide whether your are full.time or not. It doesn’t depend on whther you are fully invested in equity or partially.
Also if you are managing other people’s money, then you are no longer full time investor…Then you become money management professional. And its a 24 hours occupation just like doctor, CA or lawyer. Many people , when their corpus is ready, they quit their job and declare themselves as full time investors only to find themselves within few years being money mangers and indulging into full time profession of managing money for others.
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