Welcome to Investor Talk โ where we interview successful investors to uncover their journeys, strategies, and the lessons they've learned. Get inspired by real stories and gain valuable insights to sharpen your own investment approach.
Every interview follows the same set of sharp, insightful questions โ such as โWhat is your investment strategy?โ, โWhat are your highest conviction stocks?โ, and โWhatโs the biggest investment mistake youโve made?โ
In this edition, we have the pleasure of interviewing:
Name: Kyle Grieve @IrrationalMrkts
Age: 37
Residence: Canada
Invests since: 2017
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The first step in investing was buying crypto. But I had zero idea what I was doing and gambled it away. I lost 97% of my money over a few painful months in 2018.
Then when Covid surfaced and I had a lot of time on my hands, I discovered value investing. That took me down a massive rabbit hole that I'm still navigating and will continue to navigate for the rest of my life. I'm very patient with my assets (I still have crypto I didn't gamble away, much of it made back a lot of my losses), so I have a natural inclination for value investing.
I have zero formal education in investing or finance. Everything I have learned is through learning from my own experiences and the experience of others. But my education seems to be working so far!
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My investment strategy is to buy high quality businesses at reasonable prices. I like businesses with high returns on owners capital, high reinvestment rates and run by exceptional capital allocators.