The uranium thesis was there for a long time, now there are catalysts and the potential for reflexivity
Continue reading “Quicky on Uranium / Kazatomprom”Food for Thought #41 // Links🔗
This time the most interesting content I stumbled over includes: blogs to watch, compounding machines, uncertainty, …
Continue reading “Food for Thought #41 // Links🔗”Food for Thought #40 // Links🔗
This time the most interesting content I stumbled over includes: British take-over targets, stock markets, EMs, biases,…
Continue reading “Food for Thought #40 // Links🔗”My Old Gazprom write-up
In the early days of my more serious investing journey, I wanted to publish write-ups on Seeking Alpha, but unfortunately …
Continue reading “My Old Gazprom write-up”Quicky: L’Occitane (973 HK) after the pandemic
The company released its AR report for the FY 2021, ending March 31, 2021.
Continue reading “Quicky: L’Occitane (973 HK) after the pandemic”Food for Thought #39 // Links🔗
This time the most interesting content I stumbled over includes: China, DCFs, making money, flowers and weeds, e-gaming …
Continue reading “Food for Thought #39 // Links🔗”Book-review: Der Neunte Arm des Oktopus (non-investment related)
I finished this book in record-time …
Continue reading “Book-review: Der Neunte Arm des Oktopus (non-investment related)”Food for Thought #38 // Links🔗
This time the most interesting content I stumbled over includes: Howard Marks about the macro future, Greenlight’s Q2 letter, Novavax, culture, EM & BRICs, China’S tech crackdown, …
Continue reading “Food for Thought #38 // Links🔗”Food for Thought #37 // Links🔗
This time the most interesting content I stumbled over includes: UK takeover targets, Russian stocks, Gazprom, Sberbank, European vs US stocks, Ever Grande (China), …
Continue reading “Food for Thought #37 // Links🔗”Quálitas (Q* MM), July 2021
Quálitas is referred to as the Mexican Progressive.
Continue reading “Quálitas (Q* MM), July 2021”Food for Thought #36 // Links🔗
This time the most interesting content I stumbled over includes: Fool’s gambit, the losers game, investing abroad.
Continue reading “Food for Thought #36 // Links🔗”Shinoken (8909 JP), June 2021
Shinoken seems like a good bet to take.
Continue reading “Shinoken (8909 JP), June 2021”Book-review: Fortune’s Formula by William Poundstone
I read about Fortune’s Formula somewhere and put it on my reading list because I am greatly interested in the topic of Position Sizing which the book is about and more specifically about the Kelly Formula.
Continue reading “Book-review: Fortune’s Formula by William Poundstone”Food for Thought #35 // Links🔗
Some interesting content I stumbled over.
Continue reading “Food for Thought #35 // Links🔗”Quicky #18 on Deutsche Telekom (decision)
I own a ‘legacy position’ in DT and thought about selling for some time. I am most certainly biased. Now that DT’s capital markets day is over, I have their new guidance to base my decision on …
Continue reading “Quicky #18 on Deutsche Telekom (decision)”Food for Thought #34 // Links🔗
This time the most interesting content I stumbled over includes:
Continue reading “Food for Thought #34 // Links🔗”Book-review: The Manual of Ideas by John Mihaljevic
A friend works at an investing firm and gave me this book, thus I read the German hardcover version Das Value Investing Handbuch of this great value investing book. I wondered before if I should read more paper-based books instead of the usual kindle version. This book was perfect to read as the hardcover version …
Continue reading “Book-review: The Manual of Ideas by John Mihaljevic”SES SA (SESG LX), May 2021
The market focusses on the negatives too much. This is a defensive business with a bunch of positive one-offs. Yes, positive one-offs!
Continue reading “SES SA (SESG LX), May 2021”Food for Thought #33 // Links🔗
This time the most interesting content I stumbled over includes: research as octopus and shark, patience, TISE, bitcoin, biases, banks, berkshire, …
Continue reading “Food for Thought #33 // Links🔗”Flow Traders revisited (FLOW NA), May 2021
Recently, I read (and re-read) several books and other content about our biases and how these affect our investing decisions (mostly negatively). Over-confidence is one of the very common biases. My learnings about biases motivated me to revisit my Flow Traders analysis …
Continue reading “Flow Traders revisited (FLOW NA), May 2021”Biases, biases, biases
Biases are everywhere in life and to improve as an investor, knowing about our biases is the crucial first step before tackling them and improving our investment process. Here I will provide a list of biases …
Continue reading “Biases, biases, biases”Book-review: The Little Book of Behavioral Investing: How not to be your own worst enemy by James Montier
This is a must read for investors if you want to get more familiar with common biases.
Continue reading “Book-review: The Little Book of Behavioral Investing: How not to be your own worst enemy by James Montier”Flow Traders (FLOW NA), April 2021
I follow Flow Traders for some years but only bought shares late last year – unfortunately after the pandemic-iduced market crash. I like the company and it is one of my medium sized positions (currently seventh biggest). I took another look at flow but did not buy more shares, so far …
Continue reading “Flow Traders (FLOW NA), April 2021”Food for Thought #32 // Links🔗
This time the most interesting content I stumbled over includes: QDT, UMG, Japan, EM value, moats, trading platforms, …
Continue reading “Food for Thought #32 // Links🔗”Progressive (PGR US), March 2021
Progressive is one of my biggest positions. It’s a very profitable defensive business with ample growth runway for putting its retained earnings to use and continue to earn high returns on equity.
Continue reading “Progressive (PGR US), March 2021”