Jeff Shain says it took some early mistakes and a conservative start to figure out the investing approach he was most comfortable with
Earlier this year, we invited readers to submit the names of three stocks that they believe would be strong performers over the coming year. This is the latest in a series where Globe Investing Club members share their picks.
Whether it’s a change in oil prices or new legislation that will lead to more infrastructure development projects, if the news has an impact on the stock market, Mr. Shain will find out about it and adjust accordingly. It took some early mistakes and a conservative start to figure out the investing approach he was most comfortable with, but he’s found his success since then, he said.
“I enjoy it and use it for insurance, and for protecting upsides and downsides,” he said. “And I think it’s a great investing tool.”While many investors seek expert advice to guide their investments, Mr. Shain likes to aim high, pointing to none other than Warren Buffett, the Oracle of Omaha himself, as his investment guide.That means investing in companies with high potential for growth and good management and sticking around long term, Mr. Shain said.
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