My Letter To Young Investors – Conversations with Vitaliy – Ep 5
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Sep 19, 2023
Discover the art of investing with purpose by prioritizing passion over mere profits. Young investors are encouraged to focus on a few select companies that resonate with them. Learn how to craft a personalized investment strategy that plays to your strengths, using insights from legends like Warren Buffett. It’s about adapting your approach while aligning your investments with your unique experiences and interests. Tune in for valuable advice that could shape your investing journey!
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volunteer_activism ADVICE
Invest for Love, Not Money
Invest because you love analyzing companies, not for money.
Passion for reading reports and calls beats chasing paydays.
volunteer_activism ADVICE
Focus Deeply, Not Widely
Start by investing in few companies with money you can afford to lose.
Focus on deep company analysis over diversifying your portfolio early.
volunteer_activism ADVICE
Leverage Your Background
Begin investing in industries related to your work or hobbies.
Your background helps you understand and analyze companies better.
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WHO AM I: Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and first non-investing book.