No. of Recommendations: 1
Hypothetically speaking, if someone were to move somewhat away from Berkshire (whose earnings are probably about to hit some serious road bumps), what companies in the Nordic countries are the best businesses to invest in? They tend to be known for their predictable and reliable rule of law.I have been following Investor AB (STO: INVE-B) for a number of years (but not invested).
Family controlled investment company (Wallenberg), public since more than hundred years.
About two thirds invested in publicly traded stocks, mainly Swedish, one third wholly owned companies.
Very long-term oriented. Very good results over the last twenty years, although in Swedish Krona, which tends to depreciate slightly against the EUR. Dividend yield currently 1.6% (I remember you are not fond of dividends for tax reasons)
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