

Soren Peterson: Beyond the Ticker: Business Ownership Through a 20-Year-Old's Eyes
Apr 14, 2025
Soren Peterson, a 20-year-old investor and co-author of "The Early Bird: The Power of Investing Young," shares his wealth-building journey that began at age 7 with a single Nintendo stock. He discusses the transformational moment of realizing stocks mean ownership in real businesses and the critical role of early investment and compounding. Soren also highlights the challenges young investors face today, such as student loans and the lack of financial education, while emphasizing the importance of understanding the emotional aspects of investing.
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Kids' Early Curiosity Ignited
- Soren wrote a letter to Lego at age 8 asking why they weren't publicly traded and received a thoughtful reply about family ownership.
- This sparked his curiosity about public vs private companies and changed how he views businesses like Costco and Ikea.
First Investment Surprise
- Soren started investing at 7 when his dad gave him a Nintendo share, explaining investing as ownership.
- He felt excited but surprised that owning part of a big business was real and meaningful.
Invest What You Know
- Invest in companies you understand before assessing valuation, returns, and dividends.
- Start with brands you know well, like Colgate or local businesses you observe regularly.