Bugger, it was a 3-bagger
February 12, 2024 Leave a comment
The 3-bagger equity investment that I missed over the past 2 years was the #Stockholm listed company, #SAAB.
They don’t make cars anymore.
The stock price started getting a wriggle-on in late February 2022 around the time of Slavic agitation and supported with the #defence expansion of NATO (see #Sweden and #Finland).
The 10% decline in the #SEK vs the USD doesn’t matter and didn’t warrant any currency hedging.
February 12, 2024
by Rob Zdravevski
rob@karriasset.com.au
About Rob Zdravevski
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