🗣️ Investor Talk #9: Invest In Assets

Invest in Assets

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: Invest In Assets @InvestInAssets
Age: 30
Residence: Norway
Invests since: 2015

𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻
I spent 5 years getting a masters degree in international business. After finishing my degree I was hired by a technology firm to help them develop their product portfolio as a jr. product manager. I continued to take on responsibility and was promoted to a product manager after 1.5 years. I believe both my education and work as a product manager helps me make better investment decisions, and stay updated on the latest technology trends.

I was introduced to investing in 2015. What spiked my interest was learning about compound interest from several books. First from the classic “Rich dad, poor dad”. This curiousity spiraled into reading more than 50 books in personal finance and investing in my first year. I was obsessed.

I dabbled in several investing disciplines before finding my footing in long-term quality based investing. I tried to be a day trader, swing trader, real estate investor all at once. It was a lot of work for very low returns.

Business has always fascinated me - why some companies are successful and can go 10x-100x, while other businesses crash and fail. What I like about investing is that it is an activity that tests your intellect, but mostly your temperament. I believe the most important skill an investor can have is to be driven by facts and fundamentals instead of emotions. We are hard-wired to suck at investing, re-wiring your mind for investing success takes time, but is worth it.

I spent 2-3x more time on styding investing than for my master’s degree, it was and is my true passion - but I was discouraged to pursue a career in finance by a mentor. He told me it would be better to study the greats, and build my own track record as an investor.

𝗪𝗵𝗮𝘁 𝗶𝘀 𝘆𝗼𝘂𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆?
I have outlined my investing strategy in an article: https://t.co/nHGb4Ikcbm

In short, I invest in companies that are considered of high quality, which entails:
- Growth in revenue, earnings and cash flows
- High returns on capital
- High reinvestment rates
- Solid margins compared to peers
- High level of cash conversion
- Are not dependant on debt to grow
- Strong balance sheet with a lot of cash
- Ideally at an attractive price

𝗛𝗼𝘄 𝗺𝗮𝗻𝘆 𝘀𝘁𝗼𝗰𝗸𝘀 𝗮𝗿𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁𝗹𝘆 𝗵𝗲𝗹𝗱 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼?
12 positions.

𝗪𝗵𝗶𝗰𝗵 𝘀𝗲𝗰𝘁𝗼𝗿𝘀 𝗱𝗼 𝘆𝗼𝘂 𝗺𝗮𝗶𝗻𝗹𝘆 𝗳𝗼𝗰𝘂𝘀 𝗼𝗻?
I dont like the commonly accepted sector distribution, but I would say that I focus on what I understand or want to understand:
- Consumer products
- Technology/Software (SaaS)
- E-commerce
- Healthcare

𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝘁𝗼𝗽 𝟯 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗰𝗼𝗻𝘃𝗶𝗰𝘁𝗶𝗼𝗻 𝘀𝘁𝗼𝗰𝗸𝘀?
$EVO.ST - Evolution Gaming
$V - Visa
$CSU.TO - Constellation Software

𝗪𝗵𝗶𝗰𝗵 𝘀𝘁𝗼𝗰𝗸 𝗵𝗮𝘀 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗿𝗲𝘁𝘂𝗿𝗻?
$GOOGL - Google +143%

𝗪𝗵𝗮𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗺𝗶𝘀𝘁𝗮𝗸𝗲 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝗺𝗮𝗱𝗲?
Invested 50% of my portfolio into a popular name a few weeks before earnings. As they had beaten the last 20 consecutive quarters I was sure they would do it again. Of course, the report was horrible, sending the stock down 15-20%. It was a costly mistake at that time, but the money I lost then is now peanuts. A very valuable lesson I am glad happened early in my investing career.

𝗠𝘆 𝗳𝗮𝘃𝗼𝗿𝗶𝘁𝗲𝘀
Favorite book: 100 baggers - Chris Mayer

Favorite podcast: We Study Billionaires @WSBPodSummaries

Favorite quote: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so” - Mark Twain

Favorite FinTwit account: 10-K Diver @10kdiver

𝗪𝗵𝗲𝗿𝗲 𝗰𝗮𝗻 𝘄𝗲 𝗳𝗶𝗻𝗱 𝗺𝗼𝗿𝗲 𝗶𝗻𝗳𝗼 𝗮𝗯𝗼𝘂𝘁 𝘆𝗼𝘂?
I help investors save time and implement effective concepts to their investing process by sending a weekly email, you can subsribe here: http://t.co/NtakLG5Bp4

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.