"Take a simple idea and take it seriously." – Charlie Munger
| Holding | Weight | Return | Category |
|---|---|---|---|
|
Harvia
HARVIA · Helsinki
|
-1.1% | Fast Grower | |
|
SkiStar
SKIS B · Stockholm
|
-1.1% | Stalwart | |
|
Sdiptech
SDIP B · Stockholm
|
+30.2% | Fast Grower | |
|
CD Projekt
CDR · Warsaw
|
+1.2% | Fast Grower | |
|
Beijer Ref
BEIJR · Stockholm
|
+9.1% | Stalwart | |
|
Systemair
SYSR · Stockholm
|
-8.7% | Stalwart | |
|
NIBE
NIBE B · Stockholm
|
+19.6% | Turnaround | |
|
Instalco
INSTAL · Stockholm
|
+50.3% | Fast Grower |
This portfolio is built around one idea: own wonderful businesses at fair prices and hold them long enough for compounding to do the work.
We apply Peter Lynch's six categories as a filter. Stalwarts provide stability. Fast Growers provide returns. Turnarounds provide occasional asymmetry. Cyclicals and Slow Growers are avoided unless the price is extraordinary.
The account mandate is simple: buy quality, add on weakness, never sell unless the thesis is broken. Price is not a thesis.
Horizon: 2042.
Last updated: May 2026 · nglinvest.substack.com