Investing With IBD Ep. 99: Sam Stovall: Building A Portfolio Strategy Around Cyclical Sector Rotation
18 snips
Feb 11, 2021 AI Snips
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Episode notes
Speculation vs. Tech Bubble
- Current market speculation differs from the 1990s tech bubble.
- Tech stocks now trade at lower multiples yet cause more worry.
Career Path
- Sam Stovall's career path took an unexpected turn from teaching.
- He initially worked in computer systems before transitioning to Wall Street.
Father's Wall Street Career
- Sam Stovall's father worked on Wall Street since 1953, starting at E.F. Hutton.
- He was known as one of Lewis Rukeyser's "elves" on Wall Street Week.