Episode 446: The Key to Growing Your Portfolio as a Quality Investor

The Key to Growing Your Portfolio as a Quality Investor

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In This Episode

In this week's Stansberry Investor Hour, Dan and Corey welcome Pieter Slegers back to the show. Pieter is the founder of Compounding Quality, an investment newsletter that boasts more than 507,000 subscribers.

Pieter kicks things off by discussing how AI and market momentum are doing well. However, he says that "classical" companies are currently struggling. He then talks about the need to have a tangible long-term goal in investing and shares his own investing goal and what it would do for his portfolio. And he explains the benefits of removing yourself from your normal environment to gain perspective and how to use that mindset for investing...

I am probably as far away from Wall Street as you can be, and I like that because then you don't have too [many] distractions... But I decided to... go to the Dominican Republic for one month. Let's go out of your normal life and normal offers and so on... I am very well aware of the fact that having the ability to do something like that is an absolute privilege... That's not something that everyone can do, but I would highly recommend it. Because you are not in your normal environment, it really helps you to zoom out a little bit and put things into perspective.

Next, Pieter shares how he views AI and its impact on the companies that he analyzes. He also adds how he personally uses AI in stock research. Pieter stresses the importance of doing your own reading, both in investing and in your personal life. He says that this not only ensures that you don't miss any details in financial reports but also helps you find new investment ideas in unexpected places...

[Read] everything yourself. I think that's the most interesting thing. And that's just a joy. I think that's one of the most important things as an investor: to read. I am very lucky because I love to read... It's not only for your wealth or your stocks. It's also for your knowledge. And the more you know, the more you will be able to connect certain dots or see certain things. And I think that's the beautiful thing about investing, because it never stops. There is no single day that looks the same as the previous one.

Finally, Pieter details one company that he's excited about over the next 10 years. He found multiple reasons to love it, but after some skepticism, he drove to Germany to meet the CEO. The discussion solidified his optimism for the company. Pieter expressed how talking with the CEOs of smaller companies can provide some information that most people don't have...

With the small companies, that's how you can make the real difference. If you have Apple or Microsoft, well, you can look at YouTube videos, you can look at all the investment cases available. But with the small companies, it's just really important and really fun to go out there and talk with the CEO, because then you obtain information that is just not available on the Internet.

Click on the image below to watch the video interview with Pieter right now. For the audio version, click "Listen" above.

(Additional past episodes are located here.)

The transcript is coming soon.


This Week's Guest

Pieter Slegers is an entrepreneur and the founder of Compounding Quality, an investment newsletter with more than 507,000 subscribers. Prior to founding Compounding Quality, he held various leadership roles within the pharmaceutical industry. He's also an author, having co-written The Art of Quality Investing.

Pieter graduated summa cum laude from Belgium's KU Leuven with a master's in business administration. He also received a bachelor's degree in pharmaceutical sciences from the University of Antwerp.

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