High Conviction Concentrated Growth Investing, Fallacy Alarm

Fallacy Alarm

High conviction concentrated growth investing. Blends single stock, macro and thematic research into powerful long and short ideas.

I am convinced that a robust and comprehensive investment process requires macro and micro considerations. And it requires a deep understanding what you are looking for and what you are invested in. Digitization has changed the dynamics both how businesses operate and how investors compete for returns. Ideas can scale much faster and fail much faster than before. The biggest value creation happens before it can be spotted in financial statements.

As a result, my approach can be best summarized as high conviction, high concentration growth investing, embedded into a macro framework built on the realization that our current demographic set-up, monetary paradigm and innovation cycle will likely deliver a strong decade for nominal and real returns of productive assets.

High Conviction Concentrated Growth Investing

High conviction concentrated growth investing. Blends single stock, macro and thematic research into powerful long and short ideas. I am convinced that a robust and comprehensive investment process requires macro and micro considerations. And it requires a deep understanding what you are looking for and what you are invested in. Digitization has changed the dynamics both how businesses operate and how investors compete for returns. Ideas can scale much faster and fail much faster than before. The biggest value creation happens before it can be spotted in financial statements. As a result, my approach can be best summarized as high conviction, high concentration growth investing, embedded into a macro framework built on the realization that our current demographic set-up, monetary paradigm and innovation cycle will likely deliver a strong decade for nominal and real returns of productive assets.

Thematic (Sector/Industry)

Germany Financials / Thematic (Sector/Industry)

<ul><li>It’s probably not a groundbreaking revelation to you that Germany’s natural gas storage is dangerously low and has been dangerously low for a long time.</li><li>There is quite a bit of media coverage on that.</li><li>But why is that so? Natural gas is not scarce. It’s abundant, even in Europe via LNG ships. </li></ul>

It’s probably not a groundbreaking revelation to you that Germany’s natural gas storage is dangerously low and has been dangerously low for a long time.There is quite a bit of media coverage on that.But why is that so? Natural gas is not scarce. It’s abundant, even in Europe via LNG ships. 

The Weather Economy