She Invests, Writes About Investing And Admires Warren Buffett. She’s 15.

By Mary Divine
Pioneer Press, St. Paul, Minn.

WWR Article Summary (tl;dr) Meet the 15 year old girl who already invests in the stock market and closely follows Warren Buffett’s investing moves. She recently wrote a book called “Early Bird: The Power of Investing Young,” which was published last month by Amazon.

Pioneer Press, St. Paul, Minn.

It all started with an American girl and her American Girl.

Six years ago, stock whiz Maya Peterson sold her American Girl doll for $100. She used the money to buy shares in Mattel, the toy company that manufactures the dolls.

She was 9 years old.

“I made a huge mistake with that one because Mattel stock has plummeted,” Maya said. “I think it’s at $18 right now, and I bought it at $35. I still have it.”

Maya, 15, of St. Paul, has expanded her stock portfolio over the past six years. Among her current holdings: Johnson & Johnson, Pepsi, Berkshire Hathaway, Nestle and Gilead Sciences.

She recently wrote a book called “Early Bird: The Power of Investing Young,” which was published last month by Amazon.

“The whole purpose of the book is to really make investing more accessible and make it just seem easy and fun, which it is,” Maya said. “It’s not really a hard concept once you get used to it.”

DOING HER HOMEWORK
Maya got into investing through her father, Gunnar Peterson, who designs software systems. On the drive to and from ballet practice, the two would listen to the “Motley Foolery” podcast, she said.
Before Maya could buy any stocks, however, she had to read “Growing Money: A Complete Investing Guide for Kids” by Gail Karlitz.

“I was told I had to read a chapter a week before I was allowed to start investing,” she said. “That’s where I was first introduced to the concept of compounding, and that’s what really got me started.”

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