Interesting insights - May (and some June) edition 2025

Rough and rowdy this time around

Dear readers,

This will probably be my last interesting insights edition in a while - I started these as a way to ensure I wrote one post a month at the very least, but I’ve found that it’s become more of a drag on my joy of writing than something that adds enthusiasm to my writing.

Vilhelm Hammershøi, With Piano and Woman in Black.

I aired my thoughts on these posts some time last month. My impression was that I have readers who enjoy them, and that made me actually think about whether or not to drop them.

The rationale for stopping these posts is that I quite frankly find them to take too much time, and they feel like to much of a chore. I rather want to write when I come across something that sparks excitement in me. I know, I am being selfish, but that’s the luxury of writing for myself.

I will transition to a quarterly summary format of portfolio developments instead. If I make any large decisions, I’ll probably be sharing them in my Substack chat. I like this format for short and sweet comments.

As for recommendations for podcasts and articles, my intention is to write more about single topics instead of listing the best within a monthly format post. Again - I’ll try to use my Substack chat to link interesting podcasts I come across.

Without further ado, here are my tips for good reads and listens from the last month.

Podcasts

This is an absolute must listen, valuation is one of the most important aspects of investing, and Tim Koller from McKinsey is one of the defining experts on the topic:

I really enjoyed this podcast:

For my Nordic speaking readers, this episode with Eriksrød from Alfred Berg is great:

Articles

If you haven’t seen it already, Compounding Tortoise’s great piece on Harvia has been made openly available - it’s an excellent rundown on everything you need to know about Harvia from one of the very best Substack investing authors out there:

Deep Dive - Harvia Plc

Activity is usually a killer on returns if you invest in high quality names. I really enjoyed this piece from

The Intellectual Edge

:

The Art of Doing Nothing

Great read on an extremely interesting company transitioning from a highly cyclical business, to a counter-cyclical and defensible business model:

Secure Waste Infra Corp - Hidden Compounder + A Special Situation

Asseco is bound to be a substantial part of the Topicus investment thesis in the years to come. It’s well worth your time to read this run-down of the company:

Asseco Poland