Thank you for posting, always interesting to read you.
I finally jumped in LVMH last week after watching it since January. Luxury is a good investment in these troubled times and the stock was getting cheap (!) again..
The move in BBD is mindboggling to me and I still kick myself for missing it. Good catch on your part.
My best Canadian names this year have been PNG and MDA, although my best long term multi bagger is still IFC.
Yes luxury has been on a strong positive trend since the 80s the odds of this going négative or flat are very low for the next 10 years. BBD is a great turnaround story not mentioned in the media or investment community. This is not finished. Kraken I have watched on the sideline from 50cents to 3$ plus I dont like how they report ajusted ebitda as their main benchmark. Happy for you but maybe dont go all in. Intact assurance is a Classic Peter Lynch stocks strong marketing - but I dont do « assurance » my miss. I am bit stuborn and inflexible on the type of
- I think I could be 100% on consumer tech private planes and cement !! I woulnt mind owning my own « carrière de pierre 3/4 »
I see what you mean on the PNG ebitda but I think the stock has takeover potential and I’m long at .80 so sitting tight for now. And it’s a small position compared with my long term holds.
I’m more of Financials than consumer tech guy but if you ever need help to buy a “carrière” count me in ;)
I’m in SPOT and NTDOY too. Spot has ballooned into my biggest position recently. I was in GOOG but politically I couldn’t stomach being a holder after I saw their reaction to Trump being elected so I sold it (and META as well for the same reason).
Congrats on SPOT and Nintendo. It is good that a position like SPOT earns its way to top position. Always better in my opinion to have a position that earns its way to #1 instead of going all in into a new position as #1. I just bought some starting position in Google in 2004 and Google is 25% of my portfolio now.
The infamous picture with Elon, Zuck, Sundar, Bezos and Cook listening to his speech - as a Canadian who doesn't want to be a 51th state - and associated with this crook, I felt really bad. But Google is a very long love story for me so I am giving them a chance (and avoiding Capital gain!). As for Nintendo, we are in the first innings of a wonderful growth story. A very demanding 3rd party game - Cyberpunk 2077 is the #2 video game of SWITCH 2. This is amazing for a Nintendo platform.
I never disclose my returns. I only manage my own and close relatives. It is very close to the Median as shown in my post. It took me about 10 years of making investment mistakes (in the nineties) to consistently beaten the market. Since 2007 I have beaten the market about 8 times out of 10. The market have beaten me in 2021, 2019, 2016. if you are in your first 10 years. Things will improve as you learn.
Thank you for posting, always interesting to read you.
I finally jumped in LVMH last week after watching it since January. Luxury is a good investment in these troubled times and the stock was getting cheap (!) again..
The move in BBD is mindboggling to me and I still kick myself for missing it. Good catch on your part.
My best Canadian names this year have been PNG and MDA, although my best long term multi bagger is still IFC.
Good luck.
Yes luxury has been on a strong positive trend since the 80s the odds of this going négative or flat are very low for the next 10 years. BBD is a great turnaround story not mentioned in the media or investment community. This is not finished. Kraken I have watched on the sideline from 50cents to 3$ plus I dont like how they report ajusted ebitda as their main benchmark. Happy for you but maybe dont go all in. Intact assurance is a Classic Peter Lynch stocks strong marketing - but I dont do « assurance » my miss. I am bit stuborn and inflexible on the type of
- I think I could be 100% on consumer tech private planes and cement !! I woulnt mind owning my own « carrière de pierre 3/4 »
Cheers !
I see what you mean on the PNG ebitda but I think the stock has takeover potential and I’m long at .80 so sitting tight for now. And it’s a small position compared with my long term holds.
I’m more of Financials than consumer tech guy but if you ever need help to buy a “carrière” count me in ;)
I’m in SPOT and NTDOY too. Spot has ballooned into my biggest position recently. I was in GOOG but politically I couldn’t stomach being a holder after I saw their reaction to Trump being elected so I sold it (and META as well for the same reason).
Congrats on SPOT and Nintendo. It is good that a position like SPOT earns its way to top position. Always better in my opinion to have a position that earns its way to #1 instead of going all in into a new position as #1. I just bought some starting position in Google in 2004 and Google is 25% of my portfolio now.
The infamous picture with Elon, Zuck, Sundar, Bezos and Cook listening to his speech - as a Canadian who doesn't want to be a 51th state - and associated with this crook, I felt really bad. But Google is a very long love story for me so I am giving them a chance (and avoiding Capital gain!). As for Nintendo, we are in the first innings of a wonderful growth story. A very demanding 3rd party game - Cyberpunk 2077 is the #2 video game of SWITCH 2. This is amazing for a Nintendo platform.
What's the overall return so far this year? In Euro terms I am break even
I never disclose my returns. I only manage my own and close relatives. It is very close to the Median as shown in my post. It took me about 10 years of making investment mistakes (in the nineties) to consistently beaten the market. Since 2007 I have beaten the market about 8 times out of 10. The market have beaten me in 2021, 2019, 2016. if you are in your first 10 years. Things will improve as you learn.