🗣️ Investor Talk #37: Alexis von Roenne

Blogger - The Weekend Investor

Welcome to Investor Talk — 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 — such as “What is your investment strategy?”, “What are your highest conviction stocks?”, and “What’s the biggest investment mistake you’ve made?”

In this edition, we have the pleasure of interviewing:

Name: Alexis von Roenne @a_vroenne
Age: 23
Residence/Country: France
Invests since: 2017

𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻
My investing journey began in high school when I read "The Millionaire Teacher" and "Rich Dad Poor Dad." While the latter isn’t strictly about investing, it revealed something crucial: the power of owning assets.

That discovery led me to take my first step into investing by purchasing two ETFs. What started as a simple entry point sparked curiosity to learn more about the companies within them.

One of my early stock picks was AMD $AMD, which I bought around $21—though I’ll admit it was more luck than skill. However, this success didn’t shield me from mistakes, especially during my crypto phase in 2020. That rollercoaster taught me to focus on truly understanding what I was investing in.

This crypto experience drove me back to equities, but with a different approach. I dedicated myself to studying fundamentals, dissecting financial statements, and recognizing the hallmarks of resilient business models.

𝗪𝗵𝗮𝘁 𝗶𝘀 𝘆𝗼𝘂𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆?
I'm a value investor at heart, but with a modern twist. I look for resilient business models with three key characteristics: high economies of scale, strong network effects, and robust cash flow generation.

My golden rule is simple: if I can't explain the business to my family over dinner, I won't invest in it. This approach has kept me focused and helped me avoid the siren song of "hot" stocks that I don't fully understand.

𝗛𝗼𝘄 𝗺𝗮𝗻𝘆 𝘀𝘁𝗼𝗰𝗸𝘀 𝗮𝗿𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁𝗹𝘆 𝗵𝗲𝗹𝗱 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼?
I maintain a focused portfolio of 9 stocks. Each one represents a business I understand deeply and monitor closely.

𝗪𝗵𝗶𝗰𝗵 𝘀𝗲𝗰𝘁𝗼𝗿𝘀 𝗱𝗼 𝘆𝗼𝘂 𝗺𝗮𝗶𝗻𝗹𝘆 𝗳𝗼𝗰𝘂𝘀 𝗼𝗻?
I'm sector agnostic - I care more about understanding the business model than fitting into a specific sector.

Whether it's technology, healthcare, or consumer goods, if I can grasp the business dynamics and competitive advantages with confidence, it's fair game.

𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗰𝗼𝗻𝘃𝗶𝗰𝘁𝗶𝗼𝗻 𝘀𝘁𝗼𝗰𝗸𝘀?
$V - Visa
$GOOG - Alphabet
$ASML - ASML
$BAM - Brookfield Asset Management
$INFY - Infosys

𝗪𝗵𝗶𝗰𝗵 𝘀𝘁𝗼𝗰𝗸 𝗵𝗮𝘀 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗿𝗲𝘁𝘂𝗿𝗻?
$AMD - AMD has been my best performer, which I initially bought around $21.

𝗪𝗵𝗮𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗺𝗶𝘀𝘁𝗮𝗸𝗲 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝗺𝗮𝗱𝗲?
My biggest mistake was diving into crypto without proper understanding, thinking I could ride the wave without doing the necessary homework. It taught me a valuable lesson about the importance of staying within my circle of competence and the difference between speculation and investment.

𝗠𝘆 𝗳𝗮𝘃𝗼𝗿𝗶𝘁𝗲𝘀
Favorite book: Millionaire Teacher by Andrew Hallam. It's where it all started for me, and its principles still hold true.

Favorite podcast: We Study Billionaires @TIP_Network. I love how they analyze top investors and blend value investing with modern business insights, aligning with my philosophy.

Favorite quote: "The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett

Favorite FinX account: @thexcapitalis, @Speculator_io, @atmosinvest, @DividendDynasty, @SkyyTheeGuy, @Quality_stocksA, @nataninvesting, @MMMTwealth, @JBalicki84, @InvestwithValue, @MnkeDaniel, @JJsFinclub. These are just a few accounts I've followed since the beginning—highly recommend them.

𝗪𝗵𝗲𝗿𝗲 𝗰𝗮𝗻 𝘄𝗲 𝗳𝗶𝗻𝗱 𝗺𝗼𝗿𝗲 𝗶𝗻𝗳𝗼 𝗮𝗯𝗼𝘂𝘁 𝘆𝗼𝘂?
You can follow my investing journey and insights on X @a_vroenne.

I also run a free investing newsletter with over 5,200 subscribers, tailored for young professionals looking to build wealth without stress. Each week, I cover essential market news, portfolio strategies, and practical tips to boost financial IQ—making investing simple and actionable.

Disclaimer:
The information and opinions provided in this article are for informational and educational purposes only and should not be considered as investment advice or a recommendation to buy, sell, or hold any financial product, security, or asset. The Future Investors does not provide personalized investment advice and is not a licensed financial advisor. Always do your own research before making any investment decisions and consult with a qualified financial professional before making any investment decisions. Please consult the general disclaimer for more details.