Journal
January 2025
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European Equities / Common Sense / Liz Taylor
Good Morning Ladies and Gentlemen ”Put on some lipstick and pull yourself together.” Elizabeth Taylor In our increasingly complex world, many individuals seek simple explanations for a wide range of issues. It’s all too easy to assign blame to a single person or group for problems such as unemployment, inflation, pandemics, and other […]
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Year-End Competition 2024 – and the winner is
Good Morning Ladies and Gentlemen ”History is often characterised not by deterministic power relations, but by tragic mistakes arising from the belief in enticing yet harmful narratives.” Yuval Noah Harari (translated from German into English by myself) Who won? Finally, and once again, the sleepless nights are over; it is time to declare our […]
December 2024
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Value of the Non-Intrinsic / Merry Christmas
Good Morning Ladies and Gentlemen ”It is ideas, not vested interests, which are dangerous for good or evil.” John Maynard Keynes Non-Intrinsic It is in the nature of things and a well-documented phenomenon that individuals tend to overestimate the validity of their personal analyses and perspectives and underestimate those of others. I am aware […]
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Year-End Competition / One Last Push
Good Morning Ladies and Gentlemen ”I love Christmas. I receive a lot of wonderful presents I can’t wait to exchange.” Henny Youngman The year-end is approaching, and I thought this would be a good time to look at current prices and where we are with our year-end competition. S&P So far, the highest […]