Video: David Stredder talks to Conkers' Corner about his investing style

Alexander Bueso WebFG News | 07 Feb, 2017 13:23 - Updated: 16:24 | | |

David Stredder, one of the founders of Sharesoc, talks to Conkers' Corner's Peter Higgins about his investment style and the lessons he has learned after years of investing:

On his early life and his adoption [00:00:00]

On his beginnings in the property market, which morphed into the second largest property management companies in South London [00:14:40]

On his "long, long, long-term portfolio" and on what attracted him to the investment arena [00:30:18]

"I am keen on having little boxes of investment." Dixons was one of his first investments [00:31:28]

"In those days I would invest in companies I got to know" [00:32:07]

"My strategy has changed over the years". On why he likes (medium-risk) UK family companies [00:33:30]

"I do like technology, but I'm not a geek, retail, old industry because it's attached to property" [00:35:00]

Why did he found ShareSoc as an active investor? [00:36:23]

"I research trends on-line regarding products, bulletin boards [00:39:45]

"Companies in Northern England and Scotland tend to run more efficient businesses" [00:42:09]

"I have a windfall probably every month, I am in 138 companies. To avoid real risk I am not a concentrated investor, my core is about 20 stocks" [00:46:46]

"I am not political but I think Brexit should have been done in a more planned way" [00:50:54]

"Trump is like America's Brexit. I really don't know how America is going to go" [00:51:40]

"Lessons he has learned ... in property location is key" [00:52:20]

"On the importance of contrasting opinions with other investors" [00:57:00]

Any books you like? "Really short ones ... Obviously, I would recommend Free Capital. I think it is a really good book" [01:00:26]

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