Stock Market Research Platform
In depth stock analyses focused on where others don't look (great long-term growth businesses, value, emerging markets, commodities…) with all my portfolios!
If I would have to describe my Stock Market Research Platform in one sentence it would go like this:
“I am looking for businesses to own that will deliver good long-term returns while minimizing risk in the form of permanent capital loss or low returns – thus own quality businesses, bought at a fair or even great PRICE with the goal being to COMPOUND at the highest possible long-term annualized rate”
How do I go about finding such businesses?
It is simple, I just turn as many stones as possible so I can find a few good businesses that deserve to be closely followed and might fit my investing criteria at some point in time.
Let me share my:
- Research Process
- Portfolio Strategy & Performance
- The Price of The Research Platform & 28 Day Refund Policy
- How Does My Research Platform Work
- My Investing Strategy
- A Little Bit About Me
The Research Process
Since I started my research platform in May of 2018, I have looked at thousands of businesses from many sectors and countries. Here is an overview, just to name a few sectors and countries that have been researched in depth, stock by stock, and many are still closely watched: copper, solar, food, fertilizers, Argentina, Brazil, China, The Netherlands, nickel miners, steel producers, aluminium, organic food stocks, Austria, gold miners, Russia, natural gas, iron ore, telcos, retailers, emerging markets, paper stocks, airlines, chemicals and many other stocks (now doing global small caps - Jan 2022) that don’t fit a sector and sectors that I haven’t mentioned.
In this copper sector overview (free preview) you can see how I looked at every copper miner and estimated future supply and demand movements for the metal to assess the risk and reward of holding copper stocks where we did really good from 2018 till the end of 2020. By looking at the whole sector I found two businesses offering better quality and would do good no matter what happened in the copper environment – a good business is what I call ‘margin of safety investing’ and in combination with a positive structural trend in the form of growing demand for copper, it usually leads to great returns.
I am currently (January 2021) researching every small cap stock on the MSCI World Small Cap List. Here is a video about the top 50 that I did and showing what really worked when it comes to investing in small caps and what I am looking for, you also have my notes on the 50 stocks. My goal is to find a few good businesses that I can learn more about, and perhaps invest in.
It is a lot of work, but don’t worry, it is all summarized in my excel sheet where I cover the key businesses that I sourced from the above research (table snip from May 2021).
My goal is to find good businesses to follow, put on my covered stocks list, and consequently constantly improve the below comparative covered stocks list which is the core of what I do. I focus on learning as much as possible about the businesses I consider good enough to fit my portfolios in order to understand the investing risk and reward in the best possible way.
The above table, that you see only in part on this picture, (May 2021 snip) is the core of what I do and is constantly updated. Each covered stock position has its own intrinsic valuation table where I assess various scenarios for a business and get to an intrinsic value that is compared to the other companies on the list. I listen to conference calls and update on earnings and important business news.
Cisco stock analysis is an example with free preview of how I do what I do.
All of the research, analyses and risk reward balances are distilled into my stock portfolios.
Sven Carlin Portfolio Strategy & Performance
I have 3 portfolios that cover the basic needs investors have which are; investing a lump sum, investing on a monthly basis and diversification. All of the portfolios are based on the same fundamental investing strategy, but with some slight differences.
A question that I often get is whether it is too late to start following the portfolio and my simple answer is that investing is a life-long process, and if my investing process fits your criteria and long-term investing goals, then you can get a lot of value no matter when you join.
I am buying something on a monthly basis for the Model Portfolio, reinvesting dividends for the Lump Sum Portfolio and thus always indicating what are the best buys in my opinion in any given month. So, one can always start building over time.
I feel that the research work is also compounding over time, thus the value of the research cumulates and expands over time, so you don’t have to worry about when you joined – keep in mind portfolio building and wealth accumulation is a process that lasts a lifetime.
Model Portfolio – Portfolio With Monthly Additions
When I started my Research Platform in May of 2018, I launched my Model Portfolio with 10,000 EUR where I add 1,000 EUR on a monthly basis. This portfolio caters to those that invest on a monthly basis and I buy something each month – it is also a good indication of what I see as the best investment in the specific month.
The strategy is to always be mostly fully invested as risk is managed with the monthly liquidity additions.
My goal with this portfolio is to reach at least ONE MILLION over 20 years.
Over 20 years with 12.5% per year, the model portfolio should pass one million.
Model Portfolio Performance and Discussion About Measuring Performance
We are now 3.5 years into the portfolio so there is also a track record but before discussing my performance let me just quickly discuss the concept of performance and the fallacy there.
Most people are focused on the top number and that is it, but I firmly believe it is even more important how you made your returns than the level of your returns because the HOW YOU’VE DONE THINGS will tell you whether you will be able to repeat your performance in the future or not.
One can get lucky when investing in high-risk businesses and have a great track record for a while, but to the key when measuring performance is to also look at the risk taken, especially the business risk of the investments, the margin of safety and strategy.
My hope is that you don’t just copy what I do, but that you see how the risk and reward of each investment fits you and your investment goals.
Anyway, let’s discuss performance since the Model Portfolio was launched in May of 2018. As I write this, we are now in June of 2021, so we can say 3 years and 1 month have passed. The total contributions have been 47,000 EUR and the current value of the portfolio is 77,263 EUR.
Model Portfolio on the 12th of June 2021
To calculate performance, we better go back a month to make it just 3 years to make the maths easier. So, I will deduct the 1,000 invested for June and thus we can round up the value at 75,000 EUR. Put it into a performance measure we end up with a return of around 35% per year. That is spectacular but I would say part of it is due to business earnings and the other is thanks to what happened in the markets over the last few years where things were volatile which is always great for us value investors.
I will keep focusing on the business part of things and if, or better to say when, the market rewards us again in the future, great, if not, also great, we will just wait by owning great businesses that will likely do well no matter what happens with the market.
Model Portfolio Performance from May 2018 to June 2021
Of course, past performance is definitely no indication of future performance but what happened over the last 3 years shows what can happen when you are invested. I will do my best to get good returns while always minding the risk and we might reach a million sooner than 20 years. As they say, under promise and overdeliver 😊.
My focus is to have my investment returns come from bustiness earnings. That is the core of what I do and I think I can find businesses creating a return of 10% or a bit more. Anything above that will depend on what the market does, the volatility and me being able to take advantage of such situations. So, I’ll keep focusing on compounding at 10 to 15%, and if the market rewards me, even better.
Lump Sum Portfolio
The Lump Sum portfolio was launched in 2019 with a fixed sum of 100,000 EUR or $113,000 USD back then. The goal is to manage a portfolio where there are no additions, thus a fixed sum over time. We could say 2.5 years have passed since I started and the value of the 100,000 EUR is now 208,578 EUR or $253,005 USD (12 June 2021).
Lump Sum Portfolio – Started begin 2019
Both the Lump Sum and the Model Portfolio are pretty concentrated as I simply don’t see the rationale of putting my money into my 6th best idea rather than into the top 3. However, for those that wish for more investing ideas, more diversification, I have launched a Large Portfolio.
Large Portfolio – 20 to 25 positions
The Large Portfolio, or as I like to call it the Peter Lynch style portfolio, is a portfolio launched in October 2020 where I will invest in total 30,000 EUR and manage between 20 and 25 positions. The goal is of course to make money, reach high returns and compound but I have to do it by being diversified across many positions.
It is a little bit against my principles of focus, but on the other hand, as Walter Schloss used to say:
“You need to own a stock (business), to really understand it”
Owning 25 businesses, really helps me understand them better, the inherent risks and rewards, which makes it much easier to source businesses for the two core portfolios, i.e. the Lump Sum and the Model portfolio.
In the Large Portfolio I will put the 25 best ideas from my covered stocks list. Given the diversification, this portfolio might also take a bit more risk, might also have a bit more trading than the core portfolios. A little bit for everyone…
I had started the Large portfolio already in 2020 but then every position went up massively given what happened in 2020 so I decided to start a new one in 2021 and measure performance starting January 2021. It would be too easy to start measuring performance from 2020. Therefore, no performance measurements for this portfolio as it is not yet fully invested even. The portfolio is likely to be completed over the next few months.
Over 2022 I will start developing my private/personal portfolio and my goal is to invest at least a million into that and then compound for the long-term. I am now working on the best tax structure and broker for something like that, and then the time for saving and investing will come (all is always shared on platform). It will be a nice addition to what I have been doing above.
Stock Market Research Platform Price
I am totally dedicated to my Research Platform and managing my portfolios there. I hope to give value through various points, that are not just performance. When it comes to investing, there is much more that is crucially important:
- Constant investing motivation – I invest on a monthly basis and look for long-term compounding opportunities. This habit of investing monthly also creates immense long-term value for many that would not even think about investing.
- Character – I invested big in March of 2020 (you can check the transactions on the platform) So, I am also offering the ‘being greedy when others are fearful’ part of investing. Not easy, but I try to do my best.
- Constant research and stock valuations based on 20 years of investing experience.
- 3 portfolios managed depending on one’s risk and reward appetite.
- 50 and more closely watched and covered stocks alongside sector coverage and more that I don’t even write about.
- A comment section where you can discuss with me and fellow investors.
And all of the above you can get for $499 per year (plus local taxes depending on where you are from - VAT in Europe or local in US). That is $1.36 per day which is much less than just an espresso in a bar and I do my best to deliver more value than what you can get with a coffee a day. (There is no monthly option because I want to keep my platform serious and a yearly payment option is already a good hurdle to keep the not serious away)
As a Research Platform and the ideas I share are obviously limited, I will be increasing the yearly subscription price for new members in order to manage the number of people on the platform. However, once you start your subscription, your yearly price fixed for life.
If there is inflation, the Research Platform will get cheaper and cheaper for you in real terms. My job will be to compound my money at a higher rate in order to still create value for myself 😊.
28-DAY MONEY BACK GUARANTEE
Of course, we are talking about money, investments, your life and not easy to make life decisions.
Therefore, there is a 28-DAY MONEY BACK GUARANTEE. You can check everything, be a full member and see how what it do might fit you (it is definitely not for everybody). If you feel it is not for you, just send me a message and I will refund you immediately (easily done on the platform or here with form or email).
The 28-day money back guarantee gives you exactly what I focus on when looking for investments. I look for low or no risk and immense upside which is pure value investing: LOW RISK EQUALS HIGH REWARD.
Therefore, feel free to check my platform, my portfolios, my core research and get a feeling of my research platform process where I usually send an email every Friday about what I did and if I make a transaction, I send an email immediately after writing it up. See if it is for you, ask me questions here if you need more specific details.
How Does The Research Platform Work
First, don’t get overwhelmed by the content on the platform, there is more than 3 years of work there. The important is summarized on my comparative stock list and portfolio overviews.
You can check the curriculum here below but the core of the platform is the one Excel sheet with all the covered stocks and links to research.
I usually send an email out every Friday and update you in summary on the research I have done – this costs you a minute to read and saves you approximately 50 hours of my work per week. That is another way I try to give value.
Then if you are interested in the details of something researched, you can enjoy reading my reports.
If I make a transaction for any of the portfolios, I send an email immediately after I have written up the thesis and rationale of the transaction. Here you have to spend maybe a few minutes more, but the burden is not significant form a time perspective. Keep in mind investing is a lifelong process and the key to it is to follow and know a few good businesses that will allow you to reach good long-term returns. That is what I do, in short.
Below the curriculum here under is also the video discussion the platform, how it works, and it is a MUST WATCH because it will really give you a great overview of how things work.
PreviewHOW TO START USING THE RESEARCH PLATFORM
PreviewEMAIL NOTIFICATION SETTINGS HAVE TO BE GDPR COMPLIANT TO RECEIVE REAL TIME UPDATES
PreviewInvesting strategy - 07 July 2020
PreviewQuestions About Sven Carlin, Strategy, Investment Philosophy, Goals and Research Platform Answered! July 2020
PreviewPLATFORM PORTFOLIOS EXPLAINED WITH STRATEGY
PreviewBEFORE INVESTING KNOW THIS: STOCKS WILL CRASH 70% AND 7.6 OUT OF 10 WILL DO BADLY
PreviewLearning from my own mistakes - two year research platform review - May 2020
PreviewFAQ ABOUT PLATFORM (Performance, Goals, Transactions, Price etc.)
PreviewHOW TO USE THE FILE CONTAINING THE PLATFORM'S KEY DATA (PREVIEW) (3:08)
StartCORE PORTFOLIOS OVERVIEW - LUMP SUM, MODEL, PRIVATE & LARGE - updated DEC 2021
StartTHE STOCKS LIST AND LINKS TO RESEARCH - VALUATION LIST! THIS IS IT - UPDATED 20 Jan 2022
PreviewCOMPARATIVE LIST OF PUBLICLY ANALYZED STOCKS + INTRINSIC VALUE TEMPLATE - UPDATED 6 Dec 2021
StartEmails Sent Overview - Updated 21 Jan 2022
StartChina Investing Framework - 29 July 2021
PreviewCopper Sector Analysis - October 2021 Update
StartNatural Gas+LNG Sector Analysis - November 2020
StartIron Ore Sector Investing Analysis - Updated October 2021
PreviewA look at telcos - AT&T & Lumen - High DIV - Dec 2020
StartFull, stock by stock, Aluminum Sector Analysis - Jan 2021 ALCOA, KAIZER, NORSK, CENX, AHC
PreviewList of publicly analyzed stocks & Intrinsic Value Template - Updated 05 March 2021
PreviewRetailers Jan 2021- SFM, KR, AD
StartEmerging Markets ETF quick overview for deeper analysis - February/March 2021
StartPlant Based Food Alternatives Sector Analysis - June 2021 (work in progress)
PreviewUS Pipeline Stocks - Focus on Kinder Morgan (KMI) - October 2021
My Long-Term Investing Strategy
I could summarize my investing strategies with the following factors:
- Long-term investing returns are perfectly correlated with the underlying performance of the business. Compare the price with the value of the underlying business and investing becomes easy.
- Hyperbolic discounting – The market focuses on the short-term while it has no idea how to price things that will happen from 2 to 10 years down the road. Huge advantage for us.
- Difference between risk and uncertainty – the market doesn’t know the different between risk (risk of permanent capital loss or very low returns) and uncertainty (not knowing the future. For example, if there is uncertainty whether the company will grow 10% or 20%, the market assumes it is risk. Value investors consider 10% and compare the conservative 10% to the stock price. Very simple. (Example: FB stock fell more than 20% twice over the last few years – irrational market)
- First think as a business owner – if you are happy owning a business at that price, then what happens next with the stock price is irrelevant. If it goes down you buy more, if it goes up, well, it went up. This is perhaps the most powerful tool when it comes to investing – but you need to think as an owner to use it.
- Focus on risk – as would Munger say, avoid losses and the rest will come by itself.
Here is a bit more on the subjects:
What has worked the best for me over the last 20 years was buying businesses and being happy for what they offer as a business. By this I mean buying a stock, that represents a part ownership in a business and being happy about owning it for the dividends, growth and value that the business creates over time. The key is to completely disregard the stock market and think of the business as a pure business owner – imagine there are no stocks traded, no ticker prices going up or down, just business ownership.
With such a focus, you can then take advantage of, as Benjamin Graham calls it, ‘the manic-depressive stock market’, that is either exuberant or pessimistic, there is no in between for the market. This is where the biggest advantage lies for rational long-term focused investors.
Then it is about being a patient business owner, and simply wait for the market to reward us with even lower prices so we can buy more of the good out there or with extremely high prices where one can say enough is enough and accept the market’s exuberant offer by selling.
Perhaps the biggest value I offer comes from hyperbolic discounting. The market always gives the most value to current news and gives the biggest weight to the latest happenings and expectations.
For example, in 2018, the market had a very bad sentiment for anything related to solar stocks because it was thinking how solar stocks will fall due to lower renewable subsidies in China. The market completely overlooked the growing structural trend related to the industry. All a rational investor had to do is to find a good business, buy and hold until the market turns from pessimistic to exuberant. I bought Scatec Solar.
So, I look for quality business, with positive business tailwinds, hopefully a margin of safety and trading at a fair price. To find such businesses I go through lists, like I looked at all stocks of the Solar ETF in 2018 to find the above.
It is a long-term process, I try to narrow it down to the core concepts for my platform, so feel free to check whether it might add value to you.
About Sven Carlin
Just a little bit about me, I started investing in 2002 and constantly expanded my knowledge about investing. I was awarded a Ph.D. in 2014 for Modelling Emerging Market Stocks Risk, afterwards I was an assistant professor of finance and accounting at the University of Applied Sciences of Amsterdam, before that a data researcher at Bloomberg and since 2018 a full-time researcher at the Sven Carlin Research Platform.
I still enjoy educating people about investing and therefore happy to make a few videos per week for educational purposes on YouTube.
I am also a book author, Modern Value Investing, where I synthetized, the knowledge related to Value investing.
If you have any further questions, feel free to contact me, but here are a few of the frequently asked questions.
Check it out, and then see whether this might add value to your life by saving you research time, giving you more interesting ideas to compound your wealth or just maybe offer a different perspective on finances than what you might find in mainstream media.
I am passionate about investing and research. I share my investing insights on my YouTube channel but when it comes to investing you can't really tell everything in videos.
- Full-time independent investment researcher
- Book author: Modern Value Investing
- Ph.D. awarded for a real risk value model on an emerging market
- Passionate about sharing and helping people in making their financial decisions - blogger, YouTube, books, courses
- I have been passionately investing for 18 years now and my common sense principles have led me to achieve satisfying investment returns (read - double digit yearly average - high teens).
- Accounting professor at the Amsterdam School of International Business, part of the University of Applied Sciences of Amsterdam, The Netherlands
- Researcher at Bloomberg, London, UK
Frequently Asked Questions
Let me do the heavy lifting/research for you! (28 day money back guarantee!)
""My name is Emily. For years, I have envied the idea of above average investment returns, yet like many, I can't seem to find the time to do due diligence myself. Reluctant to settle, I came across this research platform. I now can see one day I will join many elite investors, reach financial freedom, and enjoy quality time with my two kids and husband without worrying about our finances. With consistent higher investment returns, I could retire 5 or even 10 years sooner!
As a finance professional myself, I found Sven's stock analysis is always built on fundamentals and vast data. His research is exhaustive. When he researches the stock market of one country or one sector, he looks at EVERY SINGLE stock within. Combining Sven's YouTube channel, his book as well as this research platform, Sven has provided an excellent and comprehensive knowledge well to help me to make investment decisions without devoting hours upon hours of ground work.
Thanks Sven for your great work!"
- Emily Wang