My First Investment of 2026
A look at my newest long term investment.
It’s rare for me to make new long term investments.
I am not the type of investor who buys stocks at any price or valuation. I want to buy when I feel there is a true opportunity or mis-pricing in the market.
I know there are plenty of investors out there who believe in buying any stock at any price, because “I’m going to hold forever.” But that mentality is how you can get stuck buying a Roku or Zoom at $300+ because they’re “quality businesses.”
When I evaluate a company for a potential long term holding, I always start with a few simple questions. Is there a real long term use case for what they’re doing? Are they a pioneer or leader in their space? Does their product or offering save time, money, make life easier or better, or improve efficiency in a way that can scale? Is the product great? Do they have loyal or passionate customers? Is there a geopolitical angle? Could the stock be viewed as a national security asset? Even if a company isn’t profitable yet, do their margins and revenue growth suggest they can get there?
There are so many questions to ask before buying a long term investment.
I also try to keep a healthy balance of “investing in the present” and “investing in the future.” Stanley Druckenmiller is one of the best investors in history, and his quote on picking winners has resonated with me and stayed in the back of my mind ever since I read it.
“It doesn’t matter what a company is earning today or what it earned last quarter. The market is forward looking. You have to visualize where things will be 12 to 18 months from now. If you invest based on the present, you’re already behind.”
Forget what’s being said on X or the news about yesterday’s earnings. Ask yourself what the company’s situation could look like a year and a half from now. What does their guidance say? Are they going to release new products? Are there new partnerships that could turn the company around? If the future looks significantly stronger than today and the stock is cheap relative to that future, you could have found yourself an opportunity.
Before we get into this article, I want to highlight and mention that my 2026 Market Outlook was published this past weekend, I’ll link it here. In this article I discuss how I’m thinking about the market and indices heading into the new year, my top individual stock and trade ideas for 2026, the themes I’m focused on and the specific names within them including thematic baskets you can own or trade, macro and micro analysis, key index levels, crypto, sector and industry breakdowns, international stocks, and more. It’s a big piece, but I think it’s well worth the read. I put my all into this outlook to help you prepare for the upcoming year, and I hope you find it useful.
In the remainder of this article, I’m going to highlight my newest long term investment, my thesis as to why I bought it, potential risks, where I’d be willing to add to my position, and more.