2Mon·

My investable universe

When I‘m screening markets for my investable universe I look for high-quality compounders with:


  • Strong and consistent capital returns (ROCE)
  • High and stable profitability (gross, operating, and FCF margins)
  • Steady revenue growth over time
  • Large market capitalization (mature, established companies)


In detail I’m screening for:


  • Market Cap: at least $ 10B
  • ROCE 3-Year Avg: ≥ 25%
  • ROCE 10-Year Avg: ≥ 25%
  • Gross Margin 3-Year Avg: ≥ 50%
  • FCF Margin 3-Year Avg: ≥ 20%
  • Operating Margin 10-Year Avg: ≥ 25%
  • Revenue per share CAGR 3-Year: ≥ 5%
  • Revenue per share CAGR 10-Year: ≥ 5%
  • FCF per share CAGR 3-Year: ≥ 10%
  • FCF per share CAGR 10-Year: ≥ 10%
  • Consistency/stability of earnings (from max. 1.0): ≥ 0.8
  • No more than 75% revenue exposure to one single country/market (eg. USA)



Here are my current holdings:

$MSFT (+1.29%)

$META (-0.07%)

$MA (+1.42%)

$BRK.B (+1.06%)

$AMZN (+0.74%)

$ASML (+1.4%)

$MSCI (+1.6%)

$MC (+0.13%)

$BKNG (+2.9%)

$SPGI (+1.08%)

$ADBE (-0.73%)

$NOVO B (-7.36%)

$AIR (-2.95%)

$CDNS (+2.57%)

$OR (+6.68%)

$IDXX (+0.91%)

$EL (-0.13%)

$FTNT (-1.79%)

$LULU (-2.65%)

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