In January, the fund acquired its fourteenth portfolio company, increasing the total from thirteen. The newest portfolio company is an energy-technology player operating internationally in the energy industry and in clean-energy solutions. The target company and its unique technology fit excellently with the ongoing market transformation.
Artificial intelligence is reshaping, among other things, the cost structures of software companies and may shake the entire technology sector for a long time to come. Still, we want to emphasize that investors should not focus on individual weeks. Some changes happen quickly, others significantly more slowly than is generally assumed in the investment markets.
The development of the unit value (I-series) in January was -2,0 %.
“Never confuse a stock’s price with its value.”
-Warren Buffett