A native of North Hesse, he has over 25 years of experience in financial journalism and active portfolio management and is regarded as a proven expert on German small-cap stocks and special situations.
After studying law at the University of Göttingen with a focus on banking and capital markets law, he began his career in Frankfurt's financial scene at the turn of the millennium. As a stock market and business journalist, the passionate amateur golfer wrote for leading investment newsletters, financial newspapers, and business magazines, including PLATOW Börse, Capital Depesche, BÖRSE ONLINE, Capital, and the Financial Times Deutschland.
From 2011 to 2013, he headed the Frankfurt editorial office of the financial newspaper €uro am Sonntag. From 2013 to 2026, he served as deputy editor-in-chief of the well-known investor magazine BÖRSE ONLINE and was responsible for the premium stock market service "Lars Winter Report," which featured a highly successful real-money portfolio. He remains widely known to a broad financial audience through various podcasts, TV appearances, and prominent stock market events.
As an investor, Winter follows a disciplined stock-picking approach with a particular focus on small-cap stocks and undervalued companies in special situations. In his experience, especially among smaller second- and third-tier companies, there are still many undiscovered opportunities—regardless of the market environment—that can help investors succeed in various market phases.
As a fund manager, he is responsible, among other things, for the UCITS fund Salus Alpha Special Situations. His Wikifolio strategy, "BÖRSE ONLINE Nebenwerte", has ranked among the platform's most closely followed portfolios for many years and consistently manages a growing multi-million-euro investment volume.
Commented by Lars Winter
Commented by Lars Winter on June 24th, 2026 | 08:00 CEST
Power Metallic Mines, Grupo México, and Anglo American: Three Exciting Stocks for the Great Metal Rush
Critical metals have long been among the most exciting topics on the stock market. Power grids, data centers, electric mobility, renewable energy, and new industrial policies are devouring not only copper but also nickel, platinum, palladium, silver, and other strategic raw materials. At the same time, new mines are emerging only slowly, permits take years to obtain, and politically stable locations are becoming increasingly valuable. This is precisely where the investment potential lies: Those who have access today to the right deposits, producers, or commodity platforms could be among the winners in the next wave of scarcity. We present three interesting stocks that allow investors to approach the topic of critical metals from very different angles.
Read
Commented by Lars Winter on June 19th, 2026 | 07:10 CEST
Volatus Aerospace, Hensoldt, and Rheinmetall: Three Stocks for the New Drone and Defence Boom
After the war comes rearmament. The conflict in the Middle East may be nearing an end—the US and Iran recently signed at least a declaration of intent to end the war at the Palace of Versailles. But this will only temporarily slow down global rearmament, if at all. In the long term, the defence boom will continue worldwide. And the wars of the future will no longer be fought solely with tanks, aircraft, and missiles. Drones, sensors, software, autonomous systems, and electronic defence technology are fundamentally transforming the defence industry. What seemed like a niche topic for specialists just a few years ago has now become a multi-billion-dollar growth market. Governments around the globe want to become more independent, secure supply chains, and modernize military capabilities more quickly. This is precisely what is giving rise to new investment opportunities. Volatus Aerospace is currently particularly exciting for speculative investors; those who prefer a more conservative approach can also add Hensoldt and Rheinmetall to a defence-focused portfolio.
Read
Commented by Lars Winter on June 18th, 2026 | 06:30 CEST
Almonty, RENK, and SGL Carbon: Three Promising Stocks for the New Order in Raw Materials and Defence
The new world order and geopolitical uncertainty are bringing even obscure raw materials—such as tungsten, graphite, specialty steels, and high-performance materials—into the spotlight on the stock market. Rising defence spending, artificial intelligence (AI), and the desire for independent supply chains are suddenly turning niche topics into investment stories. Three exciting stocks in this sector are Almonty Industries, RENK, and SGL Carbon.
Read
Commented by Lars Winter on June 17th, 2026 | 07:00 CEST
Rio Tinto, KSB, Desert Gold Ventures: Three Winners of the Commodity Supercycle
Commodity markets have performed strongly over the past two years. Despite recent corrections in gold and silver, precious metals remain in high demand. Copper, tungsten, and rare earths are also benefiting from a boom in demand that extends far beyond a typical economic cycle. The drivers include the energy transition, the global expansion of data centers, the electrification of industry, and rising defence spending. At the same time, the supply of strategic commodities is increasingly becoming a matter of national security. Three winners of the commodities supercycle are Rio Tinto, KSB, and Desert Gold Ventures. With stocks from the speculative, value, and infrastructure sectors, investors have three different ways to bet on one of the most exciting trends of the coming years.
Read
Commented by Lars Winter on June 10th, 2026 | 07:35 CEST
New Study Expected from Lahontan Gold: Gold Hot Stock Poised for a Revaluation
Although the gold price has recently corrected, it has nonetheless doubled over the past two years. This strong performance is not only driving growth among major mining companies and gold producers but is also bringing small explorers into the picture—those on the verge of making the leap to production. Lahontan Gold falls into exactly this category. Among other assets, the Canadian company owns a former gold mine in Nevada that is set to be revived and is likely to provide the stock with strong momentum in the coming months.
Read
Commented by Lars Winter on June 5th, 2026 | 07:15 CEST
The Efficiency Market: A Multi-Billion-Dollar Opportunity — Zefiro Methane, Friedrich Vorwerk, and Serviceware in Focus
For decades, many areas of the global economy have suffered from persistent underinvestment. Aging oil and gas wells, strained energy infrastructure, and inefficient corporate processes are now translating into rising costs and operational constraints. At the same time, global pressure is mounting to reduce emissions, modernize infrastructure, and improve productivity. This combination is giving rise to new, structurally driven multi-billion-dollar markets focused on efficiency and remediation. Against this backdrop, Zefiro Methane, Friedrich Vorwerk, and Serviceware currently appear particularly promising. Although active in very different industries, the three companies are linked by a common economic function: they eliminate inefficiencies and benefit from the fact that the economy and society must clean up their act and invest heavily.
Read
Commented by Lars Winter on June 4th, 2026 | 07:00 CEST
Second-Tier Energy Winners: Why dynaCERT, 2G Energy, and SFC Energy Are Poised for Strong Growth
Artificial intelligence, the energy transition, decarbonization, and geopolitical tensions are currently transforming the global economy. Energy demand is rising, while at the same time, requirements for supply security and climate protection are growing. It is precisely at this intersection that exciting investment stories are currently emerging for investors. The shares of dynaCERT, 2G Energy, and SFC Energy appear particularly interesting. The three companies pursue different approaches but benefit from the same megatrend: making energy more efficient, secure, and independent.
Read
Commented by Lars Winter on June 3rd, 2026 | 07:30 CEST
North Arrow Minerals: An Undiscovered Gold Explorer with Significant Upside Potential
North Arrow Minerals has largely flown under investors' radar so far. However, that could change in the coming months. The small Canadian explorer is currently undergoing a strategic transformation that may redefine its investment case. Many investors still associate the company with its former focus on diamonds and lithium. Today, however, North Arrow Minerals is increasingly positioning itself as a gold exploration company focused on Botswana. This country in southern Africa is not only considered one of the most politically stable and mining-friendly jurisdictions on the African continent, but is also among the regions where large parts of the geological potential remain surprisingly under-explored. While investor attention has recently centred on established gold districts in Nevada, Canada, and Australia, underexplored African greenstone belts are increasingly coming into focus. This is precisely where North Arrow Minerals is now strategically repositioning itself.
Read