Crack The Market: build wealth by owning great companies/stocks
Understand great businesses and trends like an institutional investor
Welcome to Crack The Market!
Hi, I am a portfolio manager co-managing a multi billion dollar fund who is passionate about dissecting and sharing my views on the trends, technologies and companies that will underpin the growth and value creation of the next decades. I believe that everyone should learn how to think like an investor and asset owner, as a big portion of your future wealth will be created by owning assets and in particular listed equities. There are a lot more great listed companies than what people know. Subscribe to build long term wealth by learning how to invest in great stocks and trends that will deliver returns for your portfolio for years to come.
Twice a week, I will release deep dives into stocks and sectors that fit into the three themes that I see winning in this age of tariffs and deglobalization: resilience, sovereignty & reshoring, China. I will then deep dive into the opportunities in the AI data center value chain.
Take advantage of this once in a generation opportunity to build long term wealth by investing in great stocks that will deliver returns for your portfolio for years to come.
You can already read my first 19 deep dives, all of which I see as winners in this new world of tariffs and deglobalization:
ASML (reshoring & China idea): The most innovative company in the world will 2.5x its EPS by 2030.
LKQ (resilience idea): The most defensive business in the auto industry is a tariff winner and could become a compounder.
Atlas Copco (resilience, reshoring & China idea): The best industrials business in the world is on sale, extremely resilient and will benefit from US reshoring.
Badger Meter (resilience idea): The perfect business in the perfect end market, water meters are the definition of resilience.
Knorr Bremse (resilience idea): Who knew making brakes was this lucrative? Rerating with self help story and upside from German infra plan.
Flex (reshoring idea): The electronics manufacturing giant building Nvidia’s servers and enabling reshoring is becoming a better business.
Itron (resilience & reshoring idea): Riding the grid investment super cycle and enabling smart grids.
Roper (resilience idea): A resilient cashflow compounder in the software space with inflecting growth.
RELX (resilience idea): The company to own forever – one of the very best businesses on Earth.
CPKC (resilience & reshoring idea): The rail connecting Canada/US/Mexico and benefiting from reshoring.
Novo Nordisk (resilience idea): The most exciting pharma company in the world is misunderstood and its growth engine is ready to roar back to life.
Kurita (resilience, reshoring & China idea): Water services expert with improving margins and benefiting from reshoring of semiconductor production.
Halma (resilience idea): High quality compounder in safety, health and environmental technologies.
Quanta Services (resilience & reshoring idea): Countercyclical compounder riding a multi decade infrastructure buildout.
Infineon (China idea): Power semiconductor leader with strong structural drivers (AI power and China auto) amidst a cyclical recovery.
Hubbell (resilience & reshoring idea): Pure play on US electrification demand driven by AI and grid investment cycle.
Iberdrola (resilience & reshoring idea): Best integrated utility in the world with a stellar track record and solid growth driven by networks and renewables
Nvidia (AI & data center idea): The backbone of the AI world is unstoppable.
Veolia (resilience & reshoring idea): Resource management giant (water, waste, energy) due for a rerating.
In today’s world, you need to have part of your money in equities. High net worth individuals, financial institutions, private equity, the vast majority have made their wealth thanks to their ownership of companies. I will help you understand the biggest trends and technologies/value chains in the world and how to think about stocks as an owner and investor.
My objective is to help you create wealth by bringing institutional level research helping you own equities that you understand. If you want to become a better investor and understand the sectors and value chains that will deliver the most value creation for you, you have come to the right place. This is more important than ever as 40-50% of the S&P500 is facing disruption, meaning that you need to understand those trends to know where to put your money. This is something I’ve always struggled to find good research on, most analysts focusing on a small subset of companies in a sector without taking into account the broader implication of innovation and disruption on their businesses. Having had the benefit of investing and following these companies and trends for many years, building deep knowledge on these topics and frequently meeting the management teams of these companies, I aim to bring you the institutional portfolio management perspective on these topics so that you build the confidence and conviction to invest in those stocks and structural trends.
What will you get if you become a subscriber?
My first deep dive article on arguably the most important company in the world: ASML: The most innovative company in the world will 2.5x its EPS by 2030.
Teaser for every company I write an article on, which is every week (twice a week for some time).
A sector/value chain/megatrend analysis (with their associated stocks) every month.
What will you get if you become a paid subscriber?
A deep dive into a company every week (twice a week currently) on top of the archive of all articles.
A premium version of the sector/value chain/megatrend analysis with a deeper breakdown and a granular analysis of the stocks exposed to the theme.
Chat function:
Get direct access to a portfolio management professional. Feel free to send me your questions around the newsletter, companies, stocks, investing and trends shaping the market and I will do my best to answer them.
Stay updated on the companies and trends I cover, big moves in the market, upcoming articles.
What will you get if you become a founding member?
All of the above.
The ability to suggest a company or megatrend for me to look into.
I will share my first deep dive (the most complete I have seen online) into ASML, arguably the most important company in the world, to all subscribers before making the future articles available only to paid subscribers (you will always be able to read the preamble).
Some of the first companies that I will dissect in the coming weeks and months:
ASML: The most innovative company in the world will 2.5x its EPS by 2030.
LKQ: The most defensive business in the auto industry is a tariff winner and could become a compounder.
Roper: A resilient cashflow compounder in the software space with inflecting growth.
Flex: The electronics manufacturing giant building Nvidia’s servers and enabling reshoring is becoming a better business.
Badger Meter: The perfect business in the perfect end market, water meters are the definition of resilience.
Halma: High quality compounder and serial acquirer specialised in safety, health and environmental technologies.
Mercedes: The best run auto maker in the world? The shining star that keeps printing money.
Infineon: Enabling electrification and digitalization of everything.
Knorr Bremse: Who knew making brakes was this lucrative? Rerating with self help story and upside from German infra plan.
Atlas Copco: The best industrials business in the world is on sale, extremely resilient and will benefit from US reshoring.
Soitec: The world’s electronics material toolbox. Could the fallen tech darling (valued like ASML) make a comeback?
RELX: The company to own forever – one of the very best businesses on Earth.
Logitech: The hardware giant with an Edge AI kick?
Itron: Riding the grid investment super cycle and enabling smart grids.
Kurita: Water services for the electronics and industrial markets.
CPKC: The rail connecting Canada/US/Mexico and benefiting from reshoring.
Sopra Steria: a European Defense, Security and Sovereignty play in IT Services.
And many more great companies…
And some example of the megatrends that I will write about:
How to play the tariff wars and deglobalization: resilience, sovereignty & reshoring, China.
The future of the US IRA/green technologies: winners and losers.
Understand the sector facing the most disruption in the world: the automotive value chain
Deep Dive into the semiconductor value chain
Deep Dive into the world of engineering software
And many more trends and sectors shaping
If you are a money manager, financial advisor, retail investor or just a curious individual and you want to deepen your understanding of these topics, think about subscribing to this newsletter!
Disclaimer: The information provided on this Substack is for general informational and educational purposes only, and should not be construed as investment advice. Nothing produced here should be considered a recommendation to buy or sell any particular security.
Super insightful