2020 was a revealing year for the portfolio, we had a global panic, then a global rally, a desperate slowdown in GDP, a recovery (of sorts), destabilization of the world’s largest economy, then a resolution with a clear victory for Biden, followed by the events on the Capitol. Enough for Read more…
The market turbulence over last few weeks has been the first real test of the Nikeforos portfolio, and a chance to look at its performance in the toughest weather it has seen since inception in 2016. Just like a sailing boat, a good portfolio should be able to perform upwind Read more…
Above the scrabbling, creative world of game development swim the leviathans of the tech oceans, ghosting above it all with their apetite for acquisitions, deep pockets and 20-year investment horizons. These leviathans have their teeth firmly embedded in the gaming value chain: Google (Google Play Store), Tencent (Wegame, Epic), Apple (App Read more…
Biografen Skandia opened its doors at 8.30am on Wednesday 16th May for Breakit’s first conference for gaming and investments. Stockholm has not been well served with gaming conferences despite its importance to the industry, but there were high quality and interesting delegates, a gratifyingly high quality of moderators and panellists, good themes, Read more…
It is two years to the day that the Nikeforos portfolio made it’s first investments. The portfolio was put together based on my philosophy of where the gaming industry was going and what its role was in the economy. I drew a line around the industry that was wider than most people would have drawn, hoping to catch all parts of the value chain and focus on larger trends rather than hot tickets.
The portfolio included some hardware makers, some developers, of course, but also distributors, IP originators (film industry), key suppliers (chip makers), and would keep an eye on e-sports and gaming accessories. While not directly investing in Amazon, Google, Tencent and Apple, it kept an eye on the movements of these top predators in the gaming universe.
Two years later the result is an auditable ARR of 50.43%, a Sharpe ratio of 1.67. The portfolio outperforms the only gaming ETF in the world (ETFMG Video Game Tech ETF – US26924G7060) by 44% over these two years.
Performance from Inception (6 May 2016) until Today (7 February 2018) For updates please contact us!