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Trade the Look

The diary’s book, investable

Closelooknet writes an investment diary. The wikifolio “Closelooknet” is where that diary’s tactical book becomes something you can actually hold — as a certificate, through your own broker. This page describes the vehicle; it is not a recommendation to buy it.

Published on wikifolio.com. The wikifolio becomes investable once ten investors pre-register (Vormerkungen) — pre-registration is open now on the wikifolio page.

How this works — who you deal with

The wikifolio “Closelooknet” is managed personally by Thomas Look — as an individual, not by a company. Thomas Look is managing partner of Closelook Venture GmbH, the operator of closelook.net; the wikifolio is a personal engagement, not a company product. What investors buy is a certificate issued by Lang & Schwarz — the issuer and your contractual partner is Lang & Schwarz AG, not Thomas Look and not Closelook Venture GmbH. Buying, selling and custody happen through your broker and wikifolio.com — never on this site.

Das wikifolio „Closelooknet“ wird von Thomas Look persönlich verwaltet — als Privatperson, nicht durch ein Unternehmen. Thomas Look ist Managing Partner der Closelook Venture GmbH, der Betreiberin von closelook.net; das wikifolio ist ein persönliches Engagement, kein Unternehmensprodukt. Anleger erwerben ein von der Lang & Schwarz AG emittiertes Zertifikat — Emittentin und Vertragspartnerin ist die Lang & Schwarz AG, nicht Thomas Look und nicht die Closelook Venture GmbH. Kauf, Verkauf und Verwahrung erfolgen über Ihre Bank bzw. wikifolio.com.

The strategy

Around ten positions: a base of broad ETFs carrying market exposure, with a concentrated set of story stocks on top — the names this diary writes about, made investable. The current tilt is the K3-winners book: Advantest, SK Hynix, TSMC and BESI on the physical layer of the AI build-out, alongside Nokia and DigitalOcean, over a base of All-World ex-US, Nasdaq-100 and S&P Top-20 ETFs. Positions are bought, held and closed — no leverage, no derivatives. Changes are visible on wikifolio in real time.

What the wrapper does

When positions inside the wikifolio change — a stock is bought, sold or closed — the certificate itself stays untouched. For the holder, portfolio changes inside the wikifolio are not taxable events; tax considerations arise only when the certificate itself is sold. That is the structural difference to running a brokerage account that mirrors a strategy trade by trade. This describes the product structure, not tax advice — tax treatment depends on individual circumstances.

The rules of the vehicle

The wikifolio invests in stocks and ETFs from wikifolio’s eligible universe — a broad but limited pool. There is no options overlay, no derivatives, no short positions: positions are bought, held and closed. Fee: 10% performance fee with high watermark, no entry fee. The strategy is run under those constraints, with the same discipline the diary applies everywhere else.

Composition at launch · launched July 20, 2026 · snapshot July 21 close · live weights on wikifolio

Stocks · 70.2%
BESI11.4%
Advantest11.0%
SK Hynix (GDR)10.9%
TSMC (ADR)10.6%
Nokia9.0%
Nvidia8.6%
DigitalOcean8.5%
ETFs · 28.2%
Vanguard FTSE All-World ex-US10.4%
iShares Nasdaq-1009.5%
S&P 500 Top 208.2%
Cash1.7%

An investment diary, not investment advice. Neither Thomas Look nor Closelook Venture GmbH (operator of closelook.net) is a licensed investment adviser; nothing on this page is a recommendation to buy, sell or hold any security or certificate. Performance figures, where shown, are past values and no indicator of future results. The certificate is a bearer bond of Lang & Schwarz AG and carries issuer risk.