Meet the Fool: Ron Gross
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 23 June 2024
⏱️ 22 minutes
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| 0:00.0 | I did the opposite. I figured that we've come out of every recession in the history of |
| 0:06.3 | recessions. Stock market has rebounded 100% of the time and if it didn't in this time |
| 0:12.4 | it would be the only time in history it hasn't and I bought more stock rather than sell stock and it was probably the best capital allocation decision I ever made because those investments back in |
| 0:26.3 | 2008 probably are my biggest winners today just by the sheer fortune of being able to buy great companies at low prices. |
| 0:35.0 | I'm Ricky Mulvey and that's Ron Gross, the director of U.S.ing here at the Fool. |
| 0:42.8 | Over the summer, we're spending some time getting to know a few of the foolish analysts |
| 0:46.9 | you frequently hear. |
| 0:48.1 | For today's show, Mary Long caught up with Ron to discuss how a sitcom character kicked off his career, what attributes he looks for in new analyst hires, and lessons learned from tough times in the stock market. Ron, I have honestly, had the immense pleasure with being tasked with rounding up a number of different fool analysts and chatting with them a bit |
| 1:14.2 | about how they wound up where they are today, how they got started in investing, |
| 1:17.7 | and you were definitely someone that we wanted to talk to so thank you for taking |
| 1:22.2 | the time to to kind of walk me through your life, I guess. |
| 1:26.0 | Wow, how much time do you got? |
| 1:28.4 | No, it's my pleasure. |
| 1:29.5 | I love doing this kind of thing. |
| 1:30.7 | So we can start broad. |
| 1:31.8 | I mean, how did you you I know that you had an |
| 1:33.3 | investing career before you came to the fool, but we can rewind even further. How did |
| 1:38.3 | you find investing in the first place? All right set the scene it, it's the mid-1980s, I've actually told this story on Motley Fulwining before, |
| 1:46.6 | it's the mid-1980s and I love a TV show called Family Ties. |
| 1:51.8 | And in that show is a character called Alex P. Keaton, played by Michael J. Fox, |
| 1:57.0 | for Back to the Future Fame. And he's a high school student who loves economics and the stock market and maybe most of all money. |
| 2:06.7 | And I was just enamored with this character. |
... |
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