Sam Broom | Top 2018 Resource Sector Investing Opportunities
In this interview, Sam Broom, an investment executive with Sprott Global Resource Investments Ltd., shares regarding his approach to natural resource investing, investor pitfalls to avoid and his top natural resource sectors to invest in for 2018.
0:05 Introduction of Topic and Guest
0:42 Sam’s background and how he came to work at Sprott Global
2:24 Sam describes his approach to natural resource investing
5:50 Biggest resource investor mistakes to avoid
8:56 Addressing North American-based investors’ objections to investing on the ASX
11:42 Sam shares his top resource sectors to invest in for 2018
17:07 Where we are in this commodity bull cycle and what type of companies Sam looks to invest in
19:18 Info regarding Sam’s services and how to get in contact with him
Sam joined Sprott Global in early 2016 having spent his early career working as an engineering geologist in the consulting industry, both in his native New Zealand and in Australia. During his time in Australia, Sam became heavily involved in the mining industry and gained extensive experience across a wide range of industry sub-sectors.
It was during his time in the Australian mining industry that he gained a passion for both the natural resources industries and the markets that support them. Now, he leverages his practical, firsthand knowledge of how these industries operate with his geological expertise and analytical skills honed through years working in the engineer sector, to find the best investment opportunities around the globe.
Sam also has a keen interest in charting and other forms of technical analysis, a discipline he believes is particularly useful when dealing with highly volatile junior mining stocks that are afflicted by extreme and rapid changes in sentiment. His investment philosophy focuses on combining a sound understanding of industry and company specific fundamentals with technical analysis to fine tune the timing of investment decisions in order to maximize portfolio returns.