Since I’ve finished and launched the “European Jewels – Statoil Research” book, I’ve been committed with some consulting projects. This has taken a lot of my time.
However, now that I’ve some time, I’ve been thinking about what to do next. I do have some doubts about which companies to analyze next, and although I have a road-map for the companies which I believe are good investments, I still have some doubts about the proper order to introduce them.
Right now I am looking at the steel industry. This industry is very cyclical, which allows great price appreciation during economic growth, and lots of tears during economic downturns. Fortunately most of the downturn expectations have been already discounted in the steel companies, which allow us to search for one or two good companies in this sector that may turn out to be a good long term investment.
Summing up: I want to get a assets with little downside, and plenty upside.
On the other hand I have also been looking for the technology sector, and not only in Europe, actually I’ve been observing companies mostly in the US. So I still have to choose where I want to go next.
I’ll keep you posted.