Key insights
- The post discusses a portfolio shift from defense stocks to European self-sufficiency themes like AI, energy, and IT. While interesting, this individual investor's strategy has no discernible impact on overall US equity market direction.
I’ve had a strong focus on defense since the war in Ukraine started, around 35 % of my total holdings, with the rest in stable large-cap companies and global index funds. Now I’m considering scaling that down and instead investing more in European self-sufficiency, with exposure to AI, energy, power systems, and IT technology. I also want more global exposure to nuclear power. What do you think about that shift? I’m thinking about ASML, Siemens Energy, ABB, and Boliden, plus maybe one ETF focused on nuclear power and one focused on European IT. I already have a large exposure to the US via global index funds. What are your thoughts on that?