Portfolio update May 2026

DRAM bull market, Japanese SaaS, Korean small caps, Indonesia going down the drain

NICE Information Service (030190 KS)

The FICO of South Korea at 10x P/E

The toll booths of lending

Asia's publicly listed credit bureaus

TOA Paint (TOA TB)

Thailand’s paint leader at 8x P/E and 6.5% dividend yield

Insider activity April 2026

Asia transaction is data still bullish

Misto (081660 KS)

Titleist and FILA at 9.1x P/E

Travel Notes: Omaha

I visited the 2026 Berkshire Hathaway AGM

Interview: Ruchir Desai

From Asia Frontier Capital

Portfolio update April 2026

A nice rebound in April

Coupang's Cyber Security Incident

Conclusion: Probably not a big deal

Five Companies on my Radar

Link REIT + four more

Claude for Equity Research

Claude Projects, Claude for Microsoft Office, Cowork and Dispatch