Hi friend 👋 I have something to celebrate today… … It’s my 29th birthday! And yesterday I was celebrated as a winner of the Forbes 30 Under 30 Event as well: I feel grateful to share this wonderful journey with you. The goal of Our Portfolio? Compound by 12% per year. Our Portfolio is currently worth $1.35 million and we keep adding to it every single month ($50,000). As we are rational long-term investors, this is how the evolution of Our Portfolio could look like: If we could keep going as long as Warren Buffett (95 years old), this is what we would have: The least I could tell is that I’d sign for $17 billion 🤑. As Morgan Housel said: I wanted to write this article to you for two reasons:
Let’s start with an insight in who I am. You can’t wait for the birthday gift? Click here. This is who I amDo you know how Compounding Quality started? On a Friday night, I was staying at my childhood home because the day after one of my best friends had his bachelor party. I was bored and didn’t know what to do on that particular evening. Why not create an anonymous account on Twitter? I thought it would be cool to say whatever I wanted about the stock market at any given time (at the time I was still working in the Asset Management industry meaning that you aren’t allowed to speak openly about investment-related topics). So it happened and I created an account on Twitter. Now I needed to find a name. I thought for 30 seconds and named the account Compounding Quality. It beautifully sums up the strategy: Let the magic of Compounding do the work for you by investing in Quality Stocks. Today, Compounding Quality has more than 1.5 million followers on social media and more than 500,000 readers on its website. When did you start investing?When I was 13 years old, on a nice summer evening, someone told me about the stock market. You could make money without having to work for it? This was one of the most beautiful things I had ever heard. I remember the conversation as yesterday as it sparked a light in me. My passion for investing was born on that summer evening. The day after the conversation, I set up a brokerage account (via my parents as you aren’t allowed to invest in stocks under age 18). After a few days, the account was set up and I transferred the hard-earned money I earned that summer to my investment account. But there was only one small problem… … In which stock should I invest? I didn’t know anything about stocks. ‘Luckily’ the broker I used had a top pick list and they recently added a new company to this list. It was a local company active in the production, storage, supply, and transportation of oil and gas. The people who managed the top pick list were so-called experts. They should know what they were doing right? So I blindly followed them and bought that specific company with all the money I earned that summer. After 1 year I sold the stock… … with a loss of 60%. And you know what? It’s the best investment I’ve ever made. My worst investment ever has become my best investment ever. After selling my first investment (which was very painful), I could beat myself up. How could I be so stupid? When something like this happens to you, |