Wisco AS · Private investment company · Oslo
Patient capital, a short list of owners, and no hurry.
Wisco AS is a small, privately held investment company. Today it owns a concentrated portfolio of listed businesses, bought at prices we were comfortable with and held for years. Next, we want to put capital to work closer to home: small private companies, real estate, and founders at the very start.
How we invest
We have no edge on speed, size or information. What we have is time. Three rules cover most of it.
Quality over quantity
A few businesses we understand deeply beat a basket of ones we don't. We look for companies that do something well and are hard to compete with.
Buy to own, not to trade
Most of the work happens before we buy. After that the job is to hold on, keep reading, and let the business do the compounding.
A price with room for error
We pay for what a business is, not what it might become. If the price leaves no room for being wrong, we wait.
Where the money goes
Public equities are the base. The next three years are about adding private deals where we can be a useful owner, not just a line in the cap table.
Public equities
A concentrated portfolio of listed companies across the US, Europe and Asia. Every position and the price we paid for it is public on the portfolio page.
See the portfolio →Private businesses & real estate
Minority or majority stakes in small, profitable companies, and real estate projects where hands-on involvement moves the outcome. Owner-operators who want a patient partner.
Norway first, Nordics when it makes senseEarly-stage founders
Small cheques, typically $10K to $30K, into founders building something we find genuinely exciting. We like getting in early and being useful beyond the money.
Pre-seed and seed · any sectorThe portfolio today
Largest positions by weight, as of 2026-10-28. The full list, with entry prices and annual returns, is on the portfolio page.
- 01 D05.SISingapore · Financial Services 11,5%
- 02 BRK-BUnited States · Financial Services 10,6%
- 03 ALV.DEGermany · Financial Services 10,4%
- 04 MSFTUnited States · Technology 9,9%
- 05 AMZNUnited States · Consumer Cyclical 9,8%
- 06 2318.HKChina · Financial Services 6,7%
- Americas43,4%
- Asia25,0%
- Europe21,2%
- Nordics6,5%
Concentration is deliberate. The five largest positions carry 52,2% of the portfolio, and most have been held for years.
Full portfolio and entry prices →Get in touch
Building or selling something? Get in touch.
No deck needed. A few paragraphs about what you are doing is enough.