The technology manager at T. Rowe Price Group Inc (NASDAQ:TROW) Technology recently attended a Forbes interview where he discussed 7 of his most preferred Stock buys.
During the meeting, Josh Spencer talked about his the current technology trends and issues affecting the tech market currently. He also talked about his investment strategies and which shares he prefers most.
During the discussion, Josh revealed that he currently owns shares in major companies such as Google, Amazon, and Tesla. He also has stock in private companies such as Dropbox. Spencer claims that his earnings from these investments have been more than satisfactory.
According to a report from Morningstar, his investments have been listed as some of the top earnings categorized by the yearly returns periods for two, three and five years. According to the magazine, his investment funds brought in 24% returns in 2014. Currently, the fund is at an impressive 9.42% for the 2015 period so far.
During the interview that was carried out by Steve Forbes, Spencer expressed his love for the art of investing. He regarded economics as a great sector of study but claims his attraction to investing in the stock market is because it is focused on broader and more interesting subjects. He claims that it focuses on behavioral, psychological and practical investment aspects.
Spencer attributed his love for handling stock to his youth where he was introduced to it by his father.
Forbes threw a lot of other interesting questions toward the finance guru, but the highlight of the discussion was the top companies in which Spenser has share ownership. He is proud of his owning stock in some of the currently best performing companies in the share index.
He also happens to be very well informed about the current dealings and issues affecting them including the current trends. He expressed that such knowledge is important in his line of operation. His success is widely attributable to the ability to study the market and consider what changes will affect and how they affect the stock listings.
