🗣️ Investor Talk #6: Lisa

Founder - Happy Investing

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: Lisa @LisaOnCloouud9
Age: 29
Residence: Munich, Germany
Invests since: January 2020

𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻
I've always been fascinated by tech products and have worked in various roles within the industry, incl. Product Marketing, Product Management, Consulting/Sales. I've had the opportunity to work in start-ups and scale-ups across different areas such as Legal Tech, Fintech, Cyber Security, AI Consulting, and platform. These experiences showed me different aspects of technology, business strategy, products, and talented colleagues I’m thankful I could learn from.

My interest in investing and balance sheets started during my uni days, but I became more serious about it in Jan 2020. I initially began buying ETFs and then ventured into picking stocks during the Covid "crash." By putting my savings in a crashed stock market, I benefited from the recovery. However, this was more luck than skill, and my approach has changed significantly.

When I met Moritz, he introduced me to growth investing, which resonated with me more than buying cheap stocks in declining industries. I gradually shifted my portfolio towards growth stocks and started educating myself excessively.

I've found many invaluable sources during my journey, including:
- Blogs from various areas like tech: Peter Offringa’s http://softwarestackinvesting.com @StackInvesting or Muji’s HHHYPERGROWTH @hhhypergrowth
- Investing boards: Saul's board on The Motley Fool
- Podcasts: investing-related and business
- Seeking Alpha
- Cyber Security bootcamp I recently joined by @InvestiAnalyst and @BreakingSaaS.

Today, I know what and why I own it and it feels much better!

To stay in the loop, I track fundamentals and review conference calls. I believe in the power of crowdsourcing and regularly read what others think (it’s impossible to know everything yourself). Super valuable input for making up my mind about investment decisions.

So far, my investing experience has been incredibly rewarding. I can connect and exchange ideas with awesome fellow investors like yourselves, gain new insights about investing and business, and learn more about myself, particularly my resilience during downturns.

Investing is a journey: I keep on learning new stuff, feeding my broad curiosity, and sharing my thoughts and learnings along the way on Twitter, on Moritz’ and my happyinvesting substack and Saul’s board on TMF.

By doing so, I hope others can benefit from my learnings and mistakes. And since there are not many women in the growth investing space, I hope I can be an inspiration for other women, too. As a woman, you often read that you are so risk-averse, and that the market is a terrible and scary thing out there to get you. I think, everyone should invest according to what feels right for them, no matter the gender or what others say. For those women who like to venture beyond ETFs and try growth investing, I hope I can be an inspiration.

𝗪𝗵𝗮𝘁 𝗶𝘀 𝘆𝗼𝘂𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆?
I’m running a concentrated portfolio and focus on growth, because this is where I see the best risk/reward.