My investing journey started 20 years ago when I bought my first stocks from my dorm room. The first 10 years this was a hobby I was passionate about but my focus shifted depending on other life events, job workload etc. Towards the end of those 10 years I added a CFA to my existing Msc quant/math background.

The second half of my investment journey started with that I became a Fund of Funds portfolio manager for 2 years. During this time I met some of the best long only managers in the world. Got a glimpse into how they and their teams operated and sometimes discuss my stock ideas with them. This was incredibly rewarding and spurred me to start my blog www.globalstockpicking.com (@GlobalStockPick on twitter).

What am I good at?

For those of you that never read anything from GSP, I’m a Swedish guy now living in Hong Kong. Although the intention was always to invest fully globally, it became a strong focus on Europe and Hong Kong markets, which occasional off-shoots to USA and Japan. One of the main reasons was of course where I lived but also that I’m very concious of valuation, which was higher in the US, especially from 2019 onwards. While the European and Hong Kong markets delivered little to no returns for the past 8 years, I delivered a 14% CAGR.

My portfolio performance Mar 2016-May 2024 mostly HK/EU, a 14% CAGR

I believe I really sharpened my teeth particularly in – my new home – Hong Kong, a difficult market to invest in. After struggling for many years and making plenty of mistakes, I feel I matured in general as an investor. Together with especially Nordic stocks, these two pools are my home base and I tried to expand my circle of competence by investing in places like Poland and Japan. I do still feel more like a novice in these markets.

From a sector perspective looking back at my investments, my gut feeling was that many of the best ones were related to Healthcare. I thought about this some more, went back and double checked my results and realized not only was it a sector I enjoyed digging deeply into but indeed I also had many of my best stock ideas and returns from this sector. Some of these write-ups I have copied over from my old blog to this Substack.

Healthcare it is

So after 20 years of investing I now start a new journey, to not only be a decent general investor but to become a global healthcare sector expert. Initially I will focus more on Med-tech and less on Pharma, but let’s see where this journey takes me. Hopefully I have energy in me to keep going another 20 years!

Why subscribe?

I would be honored to have you with me, on my new journey, to become a Healthcare sector expert and provide you with the best Healthcare stock ideas. Subscribe to get full access to the stock ideas and industry research I will publish here.