Hello friends, copiers, and followers!
I did another video update in Bulgarian on Jan 17, 2026.
The video update can be found on my YouTube channel: www.youtube.com/@momchil.lukanov
For those of you who do not speak Bulgarian, please find a summary regarding the video update presentation in English:
bit.ly/3OinGNh
When it comes to market updates -> these are the most important ones:
It’s been 6 years since we started investing with my followers;
Unemployment Rate - 4.6% (vs 4.5% in terms of expectations);
CPI y/y - 2.7% (vs 3.1% in terms of expectations);
Prelim GDP q/q - 4.3% (vs 3.3% in terms of expectations);
Federal Funds Rate - 3.75% (vs 3.75% in terms of expectations);
I would rate the portfolio I currently hold, from a cash flow, effective resource management, and competitive advantage perspective, at 4.5 out of 5 stars. I also believe that, based on my fundamental criteria, it’s currently impossible to create a 5-star portfolio that meets all my requirements.
Cheers,
M.
P.S.
You can also visit my website if you want to learn more about my strategy - nonvisedarte.com/
Non Vi Sed Arte is a long-term investment strategy focused on fundamentals (cash flows, strong management, and competitive advantages) investing in companies with a market cap > $50B. It combines a long-term mindset with tactical flexibility, optimizes position count to balance risk and return, and remains index-independent. The strategy is macro-, sector-, and cross-asset-aware, unleveraged and long-only, focused on U.S.-listed stocks/ADRs, with at least 50% of my savings invested in it. Emphasis is placed on upside capture with disciplined downside control and a minimum 3-week holding period before replacing positions.... Show More
We use our own and third-party cookies on our websites to enhance your experience, analyze traffic, and for security and marketing. For more info, see our Cookie Policy or go to Manage Settings.
Privacy Preference Center
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
More information
Manage Consent Preferences
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Cookie List
label
ConsentLeg.Interest
label
label
label
Tue Mar 10 2026 06:02:33 GMT+0000 (Coordinated Universal Time)
