Public Materials
On why the ability to sit still, tolerate uncertainty, and resist the crowd may be the only durable edge in investing.
Most investment writing focuses on what to buy. This essay focuses on what to avoid and how to deal with the urge to do something.
Stefan reflects on the three main lessons from the first ten years: compounding of knowledge, embracing the obvious, and avoiding complexity.
Stefan discusses how a doctor in rural India gave him a new lens through which he sees businesses: unity of purpose.
Every investment firm reaches a crossroads: scale up with salespeople and specialized products, or focus on honing the craft in pursuit of excellent returns. Our choice has implications on how we invest, who we serve, and how we measure success.
Eighteen months into Highway One Fund’s inception, Stefan discusses why the hardest part of the early years is resisting the urge to go fast.
January 2026
July 2025
January 2025
July 2024
January 2024
July 2023
2026 by Highway One Asset Management B.V.
© 2026 by Highway One Asset Management B.V.
