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, Asset Management and in various leadership roles.
Nordic Investment Partners functions as a family office within global equity investment strategies focus on multi baggers using GARP investment style.
Consultancy, education and inspiration for investment strategies provided.
Speaker assignments on request
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 an annual basis. The quarterly updates is 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 outperformed and the fund's founder, Andreas Brock, has made this book for better insight in the investment thinking
Nordic Value - a two day conference / boot camp for investment learnings and inspiration for experienced equity investors. Not for profit and a vetting process for all attendees. Check the Nordic Value tab for more
Contributor and/or speaker at Børsen All-Star team, Cyprus Value, ValuEspana, ValueX Klosters, Miilionærklubben, MOI Global and SumZero and other.
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 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
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:
Monthly observation
S&P500 at 10.000 is geting closer
4 April 2026
Significant earnings upgrades in semiconductors have brought the S&P 500's journey to 10,000 meaningfully forward.
Back in July 2024, with the index sitting at 5,000, I sketched out a rough timeline for when S&P 500 could reach 10,000. It was a theoretical exercise at the time — but the world has moved quickly since then.
Geopolitical tensions, US tariffs, rising government debt in several major economies, and the accelerating AI buildout have all shaped the landscape. On the earnings side, the AI infrastructure wave has been a powerful tailwind. Companies such as Broadcom, Micron, Nvidia, Samsung, SK Hynix, and TSMC have materially exceeded their 2024 forward growth estimates, driving meaningful upward revisions across the index.
The arithmetic is straightforward. To reach 10,000, S&P 500 EPS needs to hit either $500 at a 20x forward multiple, or $600 at 16.6x — or any combination in between. The two key variables are earnings growth and the multiple the market is willing to pay, which in turn depends on interest rates and the prevailing growth outlook.
S&P 500 EPS came in at $271 in 2025 and is expected to jump roughly 19% to $323 in 2026. The long-term annual EPS CAGR since 1990 is around 8%, though since 2012 the pace has been closer to 11%, supported by buybacks, margin expansion, and the tech sector's outsized weight.
Assuming earnings continue to compound at above 10%, the 10,000 milestone looks achievable by Spring 2030 at a 20x multiple — or Spring 2032 on a more conservative 16.6x valuation. As always, the path will not be linear. Recessions, earnings disruptions, and valuation resets can delay the journey, just as positive surprises can accelerate it.
Check back in 2030 — we'll see what the score is.
