Sam Stewart Picks Stocks the Way He Always Has

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

At 76, the founder of Wasatch Funds is working at a new company, with his sons. But he still believes in growth stocks

Sam Stewart got hooked on the stock market at an age when he should have been into baseball cards. The son of a stockbroker, Mr. Stewart wasn’t yet a teenager when he heard George Romney, then chairman of American Motors Corp., extol the virtues of selling compact cars and told his father, “You need to buy some American Motors stock.”

His father didn’t heed the advice, but Mr. Stewart watched as American Motors shares rocketed from $5 to $90 in about a year, on the strength of the company’s small cars. “From that moment on,”...

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 98. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker