An Investor

Currently, I am the owner of goNordic Investment AS 北行投资, which focuses on investing in Nordic countries. As an investor, I have invested mostly in the stock market and occasionally in startups in the past three years.

Performance

From May 2018 to June 2021, I realized an investment return of 6600% mainly from four stocks: NEL (2018.05 - 2020.03), Vow (2020.03 - 2020.11), Kahoot! (2020.03 - 2020.11), and poLight (2020.06 -).

Currently, I hold 1.35% of poLight AS, a Norwegian public firm, which delivers special lenses mimicking human eyes. PoLight has the product for the future. I also have small investments in startups, such as Villoid AS, an online shop for girls' fashion stuff. Villoid has an excellent team.

Investment Strategy

I am trying to develop an investment strategy that can deliver high returns in the long-term (e.g., in 5 years).

The textbook rules of investment, such as diversification, have never been important for me, as they are based on unrealistic assumptions and are useful only for large funds. (However, I do suggest small savers with little expertise to invest through index funds.)

Typically, I pick up a few undervalued stocks and invest heavily in each of them. Here are my basic rules for stock picking:

Invest only in the mid- or long-terms

中长期投资

Invest what I am able to understand

只投资看得懂的行业与企业

Invest only in fast-growing industries

新兴高增长行业

Invest in one of the best-listed firms in the industry

行业内的明星上市公司

Invest only in firms with low leverage

公司低杠杆

Never try to capture all opportunities

永远不要企图抓住所有机会

I am also interested in setting up a mini-fund focusing on quantitative trading.

Research and Sharing

Wait for the coming wind：My investment diary for poLight (等风来——poLight的研究与投资日记). This is a book to be published in 2021.
Investing in OSE: Some lessons (投资挪威故事：一点经验与教训). This was my presentation to Chinese Professionals in Norway (CPN) in September 2020.
Wind is coming, so pigs can fly: My experience in NEL (风口来了，猪都会飞起来 ——记我的NEL投资经历). This is an article I wrote when I first started selling NEL in 2019 after holding it for a few years.

Useful Links

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