Chat With Traders 091: Craig Scott – Trading Fundamentals, Sentiment and Events, and Why Conviction Matters
13 snips
Sep 22, 2016 AI Snips
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Episode notes
Early Success
- Craig Scott's economics teacher entered his class into a statewide stock picking contest.
- They placed third or fourth, sparking his lifelong interest in investing.
Invest in What You Know
- Invest in companies you understand and whose products you use.
- Avoid confusing companies, especially when starting.
Big Break
- After starting with a small account, Craig's investment grew 200% after RCA was acquired by GE.
- This early win fueled his passion and he continued investing through college, using profits to fund his education.