Glennjdk @Glennjdk: "𝐈 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐭𝐡𝐞 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧..."

Denmark

𝐈 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐭𝐡𝐞 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝐀𝐬𝐬𝐚 𝐀𝐛𝐥𝐨𝐲 I decided to increase the position in $ASSA-B.ST (ASSA ABLOY AB ser. B) today. The company is a long-term compounder that is trading at some of the lowest multiples in the last decade. However, the reason I decided to increase the position today is that the Swedish krona reached another historic low, meaning that we are getting an extra discount. I am working on concentrating the portfolio and I expect to close some positions soon. However, $ASSA-B.ST is one I expect to be in the portfolio for a long time. I know that $ASSA-B.ST may not be as exciting as $AAPL (Apple) , $NVDA (NVIDIA Corporation) or $TSLA (Tesla Motors, Inc.) but it is a market leader that consistently delivered a ROIC above 10% (except for the pandemic year of 2020). You can read more about $ASSA-B.ST here: medium.com/@Glennjdk/why-i-just-bought-stocks-in-assa-abloy-c40254d5bd0c We are off to another rough start today as Hong Kong stocks were down yet another day. U.S. futures are slightly down as well with $NSDQ100 being down the most at -0,28%. It has been a rough couple of months but we still have 17% in cash, ready to scoop up shares as they drop. Have a nice day.