EP32: Trust Experts or Bet on Myself? w.Simon Erickson (7investing CEO and Founder)

We extended an invitation to Simon Erickson who is the founder and CEO of 7investing, to engage in a discussion about his expertise in running an investing newsletter service. Additionally, we sought his insights and key takeaways from the recent ClimateTech conference which took place at MIT university.

Youtube version: https://www.youtube.com/watch?v=SWnBfo8rlWc

Episode Timestamps:

(00:00) Introduction
(01:13) Simon's investment philosophy
(03:27) Does Simon approach life the same way as investing?
(04:50) What were some of the challenges running 7investing as the CEO?
(06:30) What are the top reasons for trusting a stock market research company to provide retail investors with buy and sell recommendations?
(08:50) How does 7investing's stock market research tool and platform compare to the likes of Seeking Alpha and Motley Fool?
(10:00) How does Simon recruit 7investing lead advisors?
(12:00) The interview process
(14:00) Emotional intelligence v. intellectual intelligence and investment biases
(16:30) How many hours should lead advisors study a company before recommending a stock?
(20:00) Statistics showing average investor holding a stock for 5.5 months
(24:00) Some industries that cannot be disrupted?
(24:30) Domino's Pizza and farming equipment
(28:30) Is artificial intelligence hype?
(31:12) Health care drawdowns and whether Simon thinks it's still the next "big" thing
(36:30) How do we go about doing the research for health care stocks?
(37:30) 2023 ClimateTech Conference at MIT
(38:30) How can investors evaluate scalability and commercial viability of new technologies?
(43:30) Timeline for widespread adoption of battery storage
(45:20) Views on the dependency on fossil fuels and oil in the next couple years
(47:00) Avoiding the pitfalls of investing in another 3D printing revolution that wasn't
(50:17) How long does it take funding to take into effect in innovative trends?
(54:00) Simon's investing mistake: Jumia

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