Fridrik Orn Gunnarsson
@fridrik
Open
9
Closed
3
Average return
-4.8%
Weighted by conviction
-5.0%
Against the S&P
Beat it in 1 of 3 finished calls
-5.2 pts
Returns are on closed positions.
-16.5%
Since entry
S&P -3.6%
as of 1 hour ago
6+ months · Medium conviction · Opened 1 month ago · Ends Oct 9, 2027
I think Google (alphabet) looks like pretty good value right now. Google is valued at around $4.2 trillion, compared to roughly $965 billion for Anthropic and $850 billion for OpenAI. Anthropic was valued higher than OpenAI partly because people saw it as having better models, but now Google is actually the favorite on Polymarket/Kalshi to have the best AI model by the end of 2026. I think as long as Google can keep up with the leading models, which it seems perfectly capable of doing, it's in a really good position. And even if Gemini never becomes the best model, Alphabet still has Search, YouTube, Cloud and a bunch of other profitable businesses. To me, it just seems like a pretty good way to invest in AI without having to bet on who ultimately wins the model race.
Entry
$352.62
Last price
$294.52
+12.6%
Since entry
S&P -2.5%
as of 1 hour ago
1–6 months · Medium conviction · Opened 1 month ago · Ends Mar 31, 2027
“PCX is priced as though Starlink + Starship + AI all succeed at enormous scale. If AI capex slows down, Starship timelines slip, or Starlink growth/margins normalize, a $2T valuation offers substantial downside.
Entry
$157.12
Last price
$137.31
-12.0%
Since entry
S&P -1.6%
as of 1 hour ago
6+ months · High conviction · Opened 1 month ago · Ends Sep 30, 2027
Elon too distracted, also inverse Fjölnir
Entry
$347.43
Last price
$389.06
-33.6%
Since entry
S&P -1.8%
as of 1 hour ago
6+ months · High conviction · Opened 1 month ago · Ends Sep 29, 2027 · 1 update
Tooookinized stocks - social trading, founders that can pivot
Entry
$116.61
Last price
$77.45
-26.9%
Since entry
S&P -1.8%
as of 1 hour ago
6+ months · High conviction · Opened 1 month ago · Ends Sep 29, 2027
Circle issues USDC, and it earns interest on the reserves behind every dollar. If stablecoins become how money moves online, Circle sits right in the middle.
Entry
$84.04
Last price
$61.41
-33.2%
Since entry
S&P -1.8%
as of 1 hour ago
6+ months · High conviction · Opened 1 month ago · Ends Sep 29, 2027 · 1 update
The picks-and-shovels crypto play. When volume goes up, Coinbase makes money on trading, custody, staking, and its share of USDC. It's regulated and profitable, which is the whole point
Entry
$189.07
Last price
$126.34
-33.4%
Since entry
S&P -1.8%
as of 1 hour ago
6+ months · High conviction · Opened 1 month ago · Ends Sep 29, 2027
The fast, cheap chain where regular people actually use crypto: payments, trading, apps. One chain, no layers to bridge between, and it keeps getting sturdier. If on-chain finance goes mainstream, a lot of that volume lands here.
Entry
$11.71
Last price
$7.80
-28.4%
Since entry
S&P -1.8%
as of 1 hour ago
6+ months · High conviction · Opened 1 month ago · Ends Sep 29, 2027
Everything is getting tokenized. Stocks, bonds, funds, dollars. Finance is moving onto open rails where anything can be traded, used as collateral, or moved anywhere, any time. Stablecoins are already the killer app, and they're pulling the rest of the system on-chain. I want to own the pieces that win from that.
Entry
$25.53
Last price
$18.28
-18.1%
Since entry
S&P -1.8%
as of 1 hour ago
6+ months · High conviction · Opened 1 month ago · Ends Sep 29, 2027
Adoption is happening right now. ETFs, corporate treasuries, institutions, even governments. Bitcoin has gone from fringe to a real asset class in a few years. And it's done that while money has been tight. Since the 2022 rate hikes, liquidity has been squeezed and Bitcoin has still held its ground as the hedge against instability, whether that's banks, debt, or politics. Imagine what happens when policy loosens even a little. Governments can't hold this line forever. The debt is too big. When the taps open again, a fixed supply of 21 million coins meets a flood of new money. That's when it explodes
Entry
$47.06
Last price
$38.56
-8.1%
Result
S&P +0.7%
6+ months · Medium conviction · Opened 1 month ago · Closed 1 month ago
Rate reversal real estate market pick up
Entry
$46.98
Exit
$43.15
-6.3%
Result
S&P +0.7%
6+ months · High conviction · Opened 1 month ago · Closed 1 month ago
Trading is moving on-chain, and Hyperliquid is where serious perps traders already are. The fees buy back the token, so it's one of the few coins tied directly to real revenue. No VC dump overhang, and builders can launch their own markets on it.
Entry
$48.37
Exit
$45.34
+0.2%
Result
S&P 0.0%
Under 1 month · Medium conviction · Opened 1 month ago · Closed 1 month ago
AI looking weak and they’d be the first to fall
Entry
$611.15
Exit
$610.22
Opinions shared on SoFo are not investment advice.