📊 The Pond Tracker | Jan '26

Performance Review & Active Theses

Feb 1

11

4

1

January 2026

Foraco: Long before the Metal

A small-cap second derivative thesis on gold/copper fever

Jan 9 • DuckPond Value Research

20

4

September 2025

Wizz Air✈️

Came for the value, stayed for the growth.

Sep 16, 2025 • DuckPond Value Research

22

6

4

July 2025

Water Intelligence

Lynch's scalability dream?

Jul 3, 2025 • DuckPond Value Research

14

5

1

June 2025

🎯The Art of Execution

A practical approach and a free Excel template

Jun 26, 2025 • DuckPond Value Research

8

2

Forvia, a market paradox.

Rarely is it truly the end

Jun 19, 2025 • DuckPond Value Research

16

7

4

May 2025

Bayer AG

"The most difficult year of our turnaround"

May 19, 2025 • DuckPond Value Research

9

4

March 2025

Dowlais Part II

Merger or not? It doesn't matter

Mar 24, 2025 • DuckPond Value Research

6

3

Dowlais Part I

The (endless) capital cycle

Mar 21, 2025 • DuckPond Value Research

12

1

February 2025

Flatex Degiro

When value turns growth

Feb 7, 2025 • DuckPond Value Research

9

1

January 2025

Dräger

Legacy Vs Competition

Jan 23, 2025 • DuckPond Value Research

7

2

October 2024

Sunrise or Liberty Global?

Which one to bet on! - Part 2: Analyzing the main strategies to play this special situation.

Oct 31, 2024 • DuckPond Value Research and Pedro

9

2

1