Sunday, June 1, 2008

Dan Zanger Interview

I've learned quite a bit from Dan Zanger in the near one year that I've been a member of his chat room. He has a unique style of trading in which he focuses solely on the best stocks (strongest EPS Growth) in the leading sectors. He'll often own only 3-7 stocks at a time and seems to have the great majority of his money in only 1-2 of those names.

Below is a three part interview iTV conducted with him from Jan 8, 2005. The 3 videos total about 23 minutes in length.

In the interview he notes among other gems that his biggest single lesson of 2005 was:

"Not to be in the market all the time and to trade far less than I do, far less. I really have found that the market may have 2 big moves during the year and they may last 6, 8, 10, 12 weeks and other than that they just exhaust themselves after that. And really the rest of the time the market is just consolidating the gains. The big lesson for me this year has just been to trade less, trade less, trade fewer stocks, own just about 4 stocks that are really powerhouse stocks when the market bottoms out. Then the market will take off and run for maybe 10, 12, 13, 14 weeks, whatever it does and then trade out and go to golf, go to swimming, go to cash, just have fun and enjoy and wait for everything to setup and do it again. It takes about 4-5 months for everything to set up again."

Link: Zanger's Website -

No comments: