About Us

Five founders. Zero MBAs. One conviction.

The Origin

We met at a top-tier university in Sweden. Five students, mostly in law, with a few economics courses thrown in for what we thought was "perspective." Then Robinhood happened. GameStop happened. Suddenly the stock market wasn't just for suits with Bloomberg terminals-it was the arena of the 2020s. High stakes, high drama, and the occasional congressional hearing.

We watched retail traders shake Wall Street. We debated whether it was genius or madness. And somewhere between the memes and the margin calls, we realized: this is where our generation makes its moves. In 2024, we formalized the inevitable-SHST Invest was born.

The Philosophy

We believe the market is an excellent teacher, mostly of humility. Our approach combines fundamental analysis with the understanding that conviction without discipline is just gambling with better vocabulary.

Five perspectives. Monthly meetings. Rigorous debate. We challenge each other's theses because the market certainly will. The goal isn't consensus-it's clarity.

The Approach

Long-term positions. Calculated risk. A healthy skepticism toward anyone who claims to have "figured out the market." We're not here to chase trends or time the bottom. We're here to build something that compounds-knowledge, returns, and hopefully, a track record worth mentioning.

"Rule number 1: Never lose money. Rule number 2: Never forget rule number 1. WTF is a Kilometer?"

Operating Committee

Five Mandates.
One Portfolio.

"AK" - Managing Director, Strategic Decisions

Providing strategic direction in an increasingly uncertain environment..

Responsible for long-term strategy, capital priorities and major decision-making across the organisation. Evaluates opportunities, challenges assumptions and ensures that short-term impulses remain broadly compatible with our long-term objectives. Also responsible for the strategic oversight of Managing Director LB, including reviewing, challenging and occasionally attempting to rationalise his decisions under the Bold Decisions mandate. In practice, this means deciding what we are going to do, why we are going to do it, and maintaining sufficient oversight to determine whether MD LB has once again interpreted “bold” somewhat too literally.

"HD" - Managing Director, Investor Relations

Managing expectations. Controlling the narrative. Answering questions nobody asked.

Responsible for managing investor and stakeholder relations, communicating key developments and ensuring that the outside world remains appropriately informed about the activities and strategic direction of ShitStain Invest. Oversees investor communications, public disclosures and the ongoing exercise of presenting our decisions with the level of intentionality they deserve — particularly in hindsight. Also responsible for managing expectations, addressing difficult questions and ensuring that periods of underperformance are communicated with appropriate context, selective detail and a constructive forward-looking perspective. Maintains particular oversight of Managing Director LB, whose interpretation of “compelling investment opportunity” may occasionally benefit from additional due diligence before being introduced to the broader investment community. In practice, this means maintaining a clear and credible external narrative, aligning expectations with reality and ensuring that LB’s latest bold decision is communicated as a deliberate strategic initiative — preferably before anyone starts asking questions.

"TO" - Managing Director, Legal & Compliance

Making sure our questionable decisions remain within the boundaries of the law.

Responsible for regulatory compliance, legal considerations and ensuring that our activities remain technically legitimate. Reviews contracts, rules and potential liabilities — primarily to determine how close to the line we can operate without crossing it. Oversees internal compliance matters, monitors relevant regulatory developments and provides legal guidance when necessary. Also responsible for identifying potential issues before they become actual issues, and ensuring that our more creative ideas remain within an acceptable interpretation of the rules. Maintains particular oversight of Managing Director LB, whose interpretation of “bold” occasionally creates situations requiring immediate legal clarification. In short, keeping ShitStain Invest on the right side of the law — while occasionally investigating exactly how close LB has managed to get to the other side.

"LB" - Managing Director, Bold Decisions

Someone has to make the decisions we later refer to as ‘part of the strategy’.

Responsible for turning conviction into action, challenging conventional thinking and ensuring that opportunities are not missed due to excessive amounts of common sense. Specialises in decisive action, questionable timing and decisions that are significantly easier to justify in hindsight.Oversees high-conviction opportunities, unconventional strategies and situations where the risk-reward profile is sufficiently interesting to warrant a second look — and occasionally a first mistake. Responsible for pushing the organisation beyond comfortable consensus, while ensuring that bold decisions remain grounded in an actual investment thesis. Operates with significant autonomy within the Bold Decisions mandate, while remaining subject to the strategic direction and final decisions of Managing Director, Strategic Decisions — MB AK. In short, identifying when caution is prudent, when conviction is warranted, and when someone needs to say: “Fuck it, let’s do it.”

"FS" - Managing Director, Tax Structuring & Fiscal Optimization

Making the most of every basis point. Legally.

Responsible for tax efficiency, structuring and ensuring the government doesn’t compound our returns faster than we do. Oversees tax considerations across investments, evaluates the fiscal implications of different structures and ensures that capital is deployed with an appropriate degree of tax awareness. Also responsible for identifying unnecessary leakage, navigating the increasingly creative world of tax regulations and making sure we pay exactly what is required — and, ideally, nothing that isn’t. Maintains ongoing oversight of Managing Director LB, whose bold decisions may occasionally create tax implications that were not considered at the time the decision was made — particularly when an “investment opportunity” somehow involves the British Virgin Islands. Because every great investment thesis eventually meets the tax department