Why subscribe?
Disclaimer: This newsletter is not investment advice.
This newsletter is my way of tracking my investments, writing about my progress, and other topics that I find interesting. I believe that by writing about investing, one gets reflective about what actions one makes. By writing I simply make more extensive research which I will share with you.
What content can you expect to receive?
I post content about my own research into high-quality companies.
I post changes into my portfolio and the reason for both sell orders and buy orders.
I post my portfolio, both weighting and position size.
I will provide commentaries on how my companies performed in a quarter.
To make sure that you won’t miss any posts it’s beneficial to become a free subscriber.
About me:
Bachelors in Finance from BI Norwegian Business School in Oslo.
I’m recently starting at a bank handling loan applications.
4 years of investing in publicly traded stocks and 2 years of investing in start-ups.
3800+ Twitter followers, 143 free subscribers on substack, and 5800+ views.
Where should you start(links)
LVMH "The luxury conglomerate"
LVMH’s mission is to become the world leader in luxury, with a philosophy summed up in its motto; “Passionate about creativity”. Since the merger between Luis Vuitton and Moet & Hennesy in 1987, the company has been highly active in making mergers and acquisitions of companies with a long and deep history. The brands in their portfolio are highly recognized as exclusive and are often regarded as the most exquisite in their product categories.
Kambi
Kambi provides sports betting operators with sportsbooks services that are driven by massive amounts of data harvesting. Sportsbooks are complex and are driven by probabilities and acquiring and. Having the capabilities of analyzing huge amounts of data is paramount for making a good sportsbook.
Making mistakes
Every time I drift away from my usual strategy to invest in profitable businesses with a medium to long-term history of producing satisfactory results on invested capital, I usually lose money. Investing in sexy and interesting stocks usually brings with it much attention, both from investors and competitors.
My investment process:
I spend a lot of my available time paying attention to the stock market and doing research on how I might become a better investor. Most of my research I have concluded that the most sustainable method is to invest in high-quality companies. In the terms of diversification i like to have a well diversified portfolio with 20+ companies. Many of history’s best companies are bound to lose their competitive advantage and it might be challenging to know before it becomes obvious.
My optimal company would have met my criteria of:
Having substantial higher returns on capital than their cost of capital.
Operates in an industry that is less affected by cyclical growth.
Management is incentivized to run the business for delivering long-term returns for shareholders.
The business can be bought at a decent valuation where the focus is primarily on the ability to create an attractive free cash flow yield to shareholders.
