Bringing imagination and creativity to growth investing
Dec 21, 2023
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Anne-Marie Peterson, Capital Group portfolio Manager, discusses the creativity needed in growth investing and identifies opportunities in tech giants and old-economy stocks. She explores the impact of AI on the industrial sector, US market investments, and the importance of backing CEOs with vision and passion in investment strategies.
Emphasizing imagination and creativity is essential for successful growth investing, including exploring opportunities in diverse sectors beyond tech giants.
Flexibility in investment approach is crucial for identifying promising themes like AI and industrial sectors, while adapting strategies to global market trends.
Deep dives
Investing in Growth Opportunities
Anne-Marie Peterson, a seasoned investor, discusses the essential qualities for successful growth investing, emphasizing the importance of imagination and creativity. She highlights the need to accept failures and learn from them, stating that a few great investments can counterbalance inevitable mistakes. Anne-Marie stresses the significance of seeking new investment ideas beyond tech giants, mentioning successful ventures in seemingly mundane sectors like logistics.
Flexibility in Growth Investing
Anne-Marie advocates for a flexible approach to growth investing that transcends traditional definitions of growth stocks. She delves into the emergence of artificial intelligence (AI) and industrial sector prospects as promising investment themes. By exploring investments beyond US borders when necessary, she underscores the importance of tailoring strategies to evolving market trends.
Lessons Learned and Mentor Insights
Reflecting on past investment setbacks, Anne-Marie shares insights on avoiding common pitfalls, such as overestimating growth potential in certain sectors like software as a service (SaaS). She recounts valuable advice from her mentor, Jim Rothenberg, on simplifying investment decisions and staying committed to shareholder interests. Additionally, she expresses her passion for learning from successful business leaders as a key part of her investment approach.
Capital Group portfolio Manager Anne-Marie Peterson is always looking out for the next great investment idea whether it revolves around new-economy tech giants or old-economy stalwarts. Listen in to find out where she is identifying opportunities in today’s market.
For industry-leading insights, support tools and more, subscribe to Capital Ideas at getcapitalideas.com. The Capital Ideas website is not intended for use outside the U.S. In Canada visit capitalgroup.com/ca for Capital Group insights.
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