#57 Pieter Slegers on The Art of Quality Investing

This Investing by the Books podcast episode interviews Pieter Slegers, author of "The Art of Quality Investing," about his quality investing philosophy. The discussion covers the book's key concepts, including qualitative factors (e.g., global operations, strong management) and quantitative metrics (e.g., return on invested capital, free cash flow conversion), and how to identify high-quality companies. Slegers emphasizes the importance of long-term investing, focusing on intrinsic value rather than short-term stock price fluctuations, and suggests a target return of 10-12% for quality investors. Listeners gain insights into a practical framework for identifying and evaluating quality companies for long-term investment, illustrated by examples like Metbase and Kelly Partners Group.