Excellent company, but too expensive. Karman Holdings Inc. (NYSE: KRMN ) produces parts that are too important to be replaced, and its customers cannot easily change suppliers (both due to expertise and contractual constraints). Eighty-sevenPortfolio manager, fundamental equity research, macro and geopolitical strategy.Over 10 years across global markets, managing multi-asset strategies and equity portfolios at a European asset manager.I combine top-down macro, bottom-up stock selection and real-time positi ...