Long-Term Compounding, Not Short-Term Trading
I invest in companies with real competitive advantages, held for long-term compounding. Not trading in and out. 1.20% annual fee.
Who This Is For
This portfolio requires patience and a strong stomach. Make sure that sounds like you before going further.
You're Playing the Long Game
You don't need this money next year. Not in five years either. You want it compounding as long as possible. Decades, not quarters.
You Can Handle Dips
Markets drop. Sometimes 20%, sometimes more. If you can ride that out without panicking and selling at the bottom, this portfolio is built for you. But if a 25% down year would keep you up at night, it's probably not the right fit.
You Want Real Companies
Not meme stocks. Not crypto. Individual companies with actual competitive advantages. The kind that are hard for competitors to replicate.
Not for You If...
You need income now or you can't stomach a year where your portfolio is down 25%. Look at the Income portfolio instead.
What's In This Portfolio
Individual Stocks
Companies with durable competitive advantages. The kind that can raise prices without losing customers, that have multi-year growth drivers baked in, that competitors can't easily copy.
AI and Technology Themes
The portfolio leans into AI and technology. Not because they're trendy, but because that's where I see durable competitive advantages and long-term growth drivers. This area still involves significant market risk.
Hold Through Volatility
I hold through temporary slowdowns when the long-term thesis is intact. A bad quarter doesn't mean a bad company. But if a business model is permanently impaired, I move on.
No Tickers Listed
Holdings change. What doesn't change: I'm looking for companies that can compound capital over years, not ones selected for short-term momentum.
What to Expect
This section is about the downside. Read it before you invest.
- Market risk: Your portfolio value can decline and stay down for extended periods. That's not a worst-case scenario. It's how markets work.
- Price sentiment risk: When the market turns away from growth stocks, prices can fall even when nothing is wrong with the underlying company.
- Technology concentration: A broad tech selloff hits this portfolio harder than a diversified index.
- Extended underperformance: A year where this portfolio drops 25% or more is possible. So is a multi-year stretch where it lags other approaches.
- Loss of principal: All investing involves risk, including the possible loss of principal. No model portfolio is guaranteed to achieve its objective.
Understanding these risks is part of deciding whether this portfolio fits your situation. If you can accept them and have a long time horizon, the trade-off may make sense for you. Only you can make that call.
One Fee. No Surprises.
The Growth Portfolio charges 1.20% per year, billed quarterly based on your account value. That's it.
Advisory fee only. Excludes brokerage costs and taxes. Deducted quarterly.
| Fee Type | Amount |
|---|---|
| Advisory fee | 1.20% / year |
| Trading commissions | $0 |
| Referral fees | $0 |
| Insurance sales | $0 |
| Hidden fees | $0 |
Not the right fit? See the Income or Speculative portfolio.
Your money is never in my hands.
Trading authority only. I manage your portfolio. I can't withdraw your funds.
How to Start
Three steps. Here's how it works.
Tell me about your goals
A short questionnaire covers your timeline, risk tolerance, and what you're investing for. I might have a few follow-up questions first.
I match you to a portfolio
Based on your answers, I recommend the model portfolio that fits your situation: Income, Growth, or Speculative.
I manage it from there
Trading, rebalancing, monitoring. I handle the ongoing work. You get updates and can reach me anytime you have questions.
You can stop anytime. No contracts, no exit fees.
Questions
Things people ask about the Growth portfolio.
Years, not months. If you need this money within 2–3 years, this is the wrong portfolio. Growth investing requires time to ride through drawdowns.
More concentrated than an index fund, less concentrated than the Speculative portfolio. Each position is researched individually. Concentration means more risk from individual picks.
This portfolio will drop with the market, and sometimes more. I don't try to time the market. I hold through downturns when the long-term thesis is intact.
Growth ETFs hold hundreds of companies, including ones I would never choose. I build a focused portfolio of researched companies. That concentration is deliberate. It also means more risk from individual picks than a broad index.
About Me
Software engineer turned investment adviser.
Based in Sandy, Utah. I work with clients remotely — no office visits required. My only income is the advisory fee on this page. No commissions, no products.
Series 65 (investment adviser licensing exam) · SIE (Securities Industry Essentials) · Utah-Registered IAR
Registered Investment Adviser
Verify on IARD ↗Read the disclosures: Form ADV 2A · ADV 2B · Privacy Policy
I started NarStar because I wanted to run a portfolio I'd actually put my own money in. Companies with real competitive advantages, held for years. No trading in and out, no commissions, no products.
Before this, I built the software that traders use to make decisions. Analytical tools, backtesting systems, the kind of work where you learn to think in data and probabilities. That background shapes how I evaluate competitive advantages and long-term compounding potential. When you email or call, I'm the one who replies.
NarStar registered in Utah in January 2026. I don’t have years of client results to point to yet. What I do have is my registration, my disclosures, and the fact that your money sits at Interactive Brokers in your name, not mine. Any remaining conflicts of interest are described in my Form ADV Part 2A.
Want to talk? Send me a message →
Interested in the Growth Portfolio?
No sales pitch. Just a conversation.
- I reply within 1–2 business days.
- pavel@narstar.capital
- 801-251-6844