Phase 2 · The fast fundamental path · SEK 9,999
Apply for Phase 2
Phase 1 is the entire core library — free of charge, forever. Phase 2 is something else: the fast fundamental path to becoming an independent analyst. We do not teach you anything new — it is the same 20 analytical indicators (V01–V20) you met in Phase 1, but now you learn to analyse them the right way, and above all: to weigh them together into a judgement that is your own. With a human being at your side — personal training with the founder and group coaching — you get unlimited hours, until you are worthy of the title independent stock analyst. We accept a limited number of students at a time, which is why an application is required.
Let us be clear: no technical analysis here
We teach nothing in technical analysis within Phase 2. Waves, Elliott and the dynamic ecosystem are Phase 3 — Phase 2 is the craft behind the judgement: to read, value and defend a company with numbers.
The representative opportunity
Phase 2 opens the path to becoming a representative of AK1nvestor — representing us with quality. For the student who wants it, the education is the beginning of that relationship, not the end of it.
PHASE 2 · APPLICATION
Tell us who you are
Three fields are enough. We read every application personally — there is no rush and no right answer. Level 25 is a signal, not a requirement.
Optional, but it helps us understand where you are in your development.
No payment now. The application is free and non-binding. Phase 2 costs SEK 9,999 — but you pay nothing during the first 90 days: payment is due only after 90 days, and only if you remain satisfied (90-day satisfaction guarantee, with legal basis in the terms sections 5–6). Phase 1 hides nothing: the entire methodology remains free, forever. We handle your data according to the privacy policy and never sell your data.
AK1A Research Lab provides research-based financial education — no service here constitutes investment advice. See also our financial policy.
AK1A Research Lab · in numbers and student voices
The entire library. Zero kronor. Built so that you actually understand.
495
courses
from your very first foundation course to ultra-deep system courses — every chapter a step on the journey
103
books
covered chapter by chapter — Graham, Damodaran, Murphy … the entire canon, step by step in Swedish
8,283
quiz questions
that make you think — not just read. That is where the knowledge sticks
100 %
free
in Phase 1 — the entire library, free of charge, forever. We earn through trust
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“The first time I actually UNDERSTAND my stocks”
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“The quiz questions force me to think, not just read”
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“The Wave Foundation changed how I see my portfolio”
No card details. No selling. Phase 1 is free — forever. Student voices are shown with first names and real levels.
What Phase 2 includes
The synthesis — and a human being who brings it together
In Phase 1 you learn the parts: variable by variable, book by book, chapter by chapter. Phase 2 is the next decisive step: weighing the 20 analytical indicators together — the 18 masterworks are the map, the synthesis is the journey. It is the fast path to one day standing as a fully independent analyst, with a judgement that is your own. Everything fundamental, nothing else.
The valuation bibles · 5 courses
Graham & Dodd, Damodaran, McKinsey, Williams, Rappaport & Mauboussin — the art of weighing a company in your hand, from financial statements to value.
- ·Security Analysis — Graham & Dodd: KOMPLETT
- ·Investment Valuation — Damodaran: KOMPLETT
- ·Valuation — McKinsey (Koller m.fl.): KOMPLETT
- ·The Theory of Investment Value — Williams: KOMPLETT
- ·Expectations Investing — Rappaport & Mauboussin: KOMPLETT
Financial statements & accounting at analyst level · 5 courses
Penman, Mulford & Comiskey, O'Glove, Schilit and Graham — find the quality in the earnings and see through what is only a story.
- ·Financial Statement Analysis and Security Valuation — Stephen Penman: KOMPLETT
- ·Creative Cash Flow Reporting — Mulford & Comiskey: KOMPLETT
- ·Quality of Earnings — O'Glove: KOMPLETT
- ·Financial Shenanigans — Schilit: KOMPLETT
- ·The Interpretation of Financial Statements — Graham: KOMPLETT
Corporate finance & capital · 3 courses
Higgins, Brealey and Whitman — capital structure, cash-flow mathematics and distressed companies at MBA level.
- ·Analysis for Financial Management — Robert C. Higgins: KOMPLETT
- ·Principles of Corporate Finance — Brealey, Myers & Allen: KOMPLETT
- ·Distress Investing: Principles and Technique — Whitman & Diz: KOMPLETT
The masterworks of value investing + the AKM1 deep dive · 5 courses
Klarman, Greenwald, Gray & Carlisle, Einhorn — and our own model AKM1 (V01–V20) at genuine analysis level.
- ·Margin of Safety — Klarman: KOMPLETT
- ·Value Investing: From Graham to Buffett and Beyond — Greenwald: KOMPLETT
- ·Quantitative Value — Gray & Carlisle: KOMPLETT
- ·Fooling Some of the People All of the Time — Einhorn: KOMPLETT
- ·AKM1 — Den Kontroversiella Modellen: SUPERDJUP
The founder at your side
Personal training with the founder of AK1A and group coaching together with other clients — unlimited hours, until you are worthy of the title independent stock analyst.
Representative of AK1nvestor
Phase 2 opens the path to remaining a representative of AK1nvestor — representing us with quality, when the education carries you there.
Companies tested with numbers
Suggestions of companies during the training — tested with AKM1's variables, numbers and thresholds, never on feeling.
Phase 1 remains free — always. Phase 2 is for the student who wants to go from understanding the parts to carrying a fundamental judgement of their own. Phase 1 hides nothing: everything basic we know is free, and it stays that way.
Everything in AK1A Research Lab is research-based education in stock analysis — never investment advice, and never tips to buy or sell. Analyses and courses build on open sources and declared assumptions.
What happens after you apply
- 1. We read your application personally — together with your student status in Phase 1. The requirement, honestly stated: finish Phase 1, and have the will to succeed with fundamental stock analysis — without that will, it is hard to stay focused.
- 2. You receive an invitation to a free-of-charge meeting with the founder. No sales pressure — a conversation.
- 3. If you decide to move on, the training starts immediately — and you pay nothing during the first 90 days. Payment takes place only after 90 days, and only if you remain satisfied (90-day satisfaction guarantee).
Unsure? Compare Phase 1, Phase 2 and Phase 3 at your own pace. Phase 1 hides nothing — everything basic we know is free, and it stays that way.