Nordic Investment Partners
About Nordic Investment Partners
Nordic Investment Partners was founded in 2017 by Ole Søeberg. Ole has a broad and long experience in global equity markets since early 1980's. He has been in investment banking, Investor Relations in large corporates and Asset Management and in various leadership roles.
Nordic Investment Partners functions as a global long only GARP equity strategy family office that also provide investment inspiration and sparring with other family offices. Investors interested in a similar investment strategy are kindly suggested to take a look at Brock Milton Capital investment funds.
Investment inspiration and education for family offices and smaller investment funds. Focus on wealth preservation and capital growth using GARP and deep due diligence. External roadmaps was provided free on a quarterly basis, however in a digital world there's too much copying, so from 2025 it's no longer provided for free, but only to paying investors such as Nordic Value participants, Brock Milton co-investors, co-board members etc. The roadmaps have worked quite well in the past and they stimulate my investment passion and curiousity .
Introducer for Brock Milton Capital Link
Global long only, concentrated portfolio of 30-35 companies. High quality 'champions' and a smaller section of 'special situations'. Growth without overpaying. BMC Global turned 10 years old in December 2024 and is among 1% best global long only funds
Since inception in 2014 the fund has returned 15% per year (in SEK) and 3% better than MSCI World. The fund's founder Andreas Brock has made this book for better insight in the investment thinking
Nordic Value investment learning and inspiration 'not-for-profit' conference for experienced equity investors. Check the Nordic Value tab for more
Contributor and/or speaker at Børsen All-Star team, Cyprus Value, ValuEspana, ValuX, Miilionærklubben, MOI Global and SumZero and other. Investor idea sharing and always good education and inspiration
Reach out if you're interested knowing more.
You can reach me on ole.soeberg@nordic-investment-partners.com or via the contact box
On this website you find
Investment roadmaps and quarterly updates for inspiration and education only
Nordic Value Conference - a conference for investment entusiast sharing investment ideas. More on Nordic Value section on this site
Pitches and illustration for investment proces for a single company
Monthly observation
What to do when stock markets are like skiing in very low visibility?
7 March 2025
The US administration decisions and communications on such matters as tariffs, protection of old allies and turning facts upside down has reached unprecedented levels. In my decades of investing the visibility has never been lower.
The Gulf War I in 1990, LTCM collapse in 1997, Great Financial Crisis (GFC) in 2008-09 and Covid in 2020-21 caught the modus operandi of Western societies by surprise. In each instance the political leaderships got constructive around how to handle the situation and eventually sorted out a solution that worked for the greater good.
After GFC, I thought the overspending by governments would bring a long period of restrained government spending and low interest rates. That was the case in Europe, but not in the US, where government deficits runs a 6-7% of GDP. A normalization of the deficits to lets say 2-3% would mean a 3-4% contraction of the US economy. GFC was that kind of economic contraction just to give it some perspective, so US faces a serious adjustment process.
The current US administration is apparently trying to handle this, but it's only increased volatility and reduced visibility. How is economic activity going to be in 2026 and 2027? It's very low visibility. Just like skiing in a snow storm....
The economic stimulus in USA has supported the creation of some very large companies such as Apple that have fueled the global stock market rally over the last 10 years.
Due to low visibility from trade tariffs, US not providing security for its former allies etc., the world as it used to be is drifting apart. And that's an issue if global consumers turn their back to US companies. Apple generate 58% of sales outside US and 46% of their operating profits. So if consumers do not like what the US administration is doing they might as well buy Samsung or another smartphone as the next replacement.
The uncertainty in US economics and how global consumers might turn their back on US products and services could be the reason for the recent downtrend in global stock markets. Non-US markets are doing much better for the first time in years.....
So to answer the headline: go to Asia and Europe. Thats a stable base when skiing is difficult
Previous Monthly observations and article/insights
Januar 2025: Fossil fuel at record high. Is unprofitable renew gone? link
December 2024: Bubble meter and Palantir growth expectations link
October 2024: Nvidia is not 'leverpostej' link
September 2024: Finding a business for the next 80 years link
Januar 2024: Where to in 2024? link
September 2021: Discipline in periods of high valuation link
May 2017: How fast will we adapt to self-driving cars? link
Contact
Nordic Investment Partners is owned by Ole Søeberg. More on LinkedIn
info@nordic-investment-partners.com
Fell free to reach out via the boxes below: