Margin of Safety in a different light
Margin of Safety is one of the pillars of value investing. Buying things that are 'on Sale'. As the market struggles to price everything in and inefficiencies rage havoc on the discovery process of prices - these bargains are scooped up by investors. And... 显示更多 翻译
Aggiornamento dai mercati 09-09-22
Sessione asiatica in rialzo con l'inflazione della Cina che rallenta ad agosto. Hang Seng +2,70%, Shanghai +0,80%, Nikkei225 +0,55%.
Giornata positiva per tutti gli indici borsistici europei, FTSE MIB +1,90%, DAX +1,43%, FTSE100 +1,23%, CAC40 +1,40%, IBEX35 +1,45%.... 显示更多 翻译
OK, another good week (+58%), the 2nd in a row. But that is after a few terrible weeks. Thus still about 27% down from my start. It seems that what #JeromePowell at #JacksonHole confirmed that he and I have a similar outlook: raising interest rates to kill inflation that will harm the equity markets... 显示更多 翻译
Good to see that it is turning around. Yes, I am now "only" just over 27% down on my investment in you since I start following. Thus eagerly waiting till you start making a profit for me. How much longer and how much lower do you think the market will go down? In any case your gains the last 2 weeks... 显示更多 翻译
How much longer and lower? I don’t know and let the data/price development determine when to move from short too long. But it would not surprise me if the bear market will last till Q1 2024 and stock market indices will lose another 35%. But that is just guessing based on history.... 显示更多 翻译
Aggiornamento dai mercati 10-08-22
▪️ Gli indici asiatici seguono le perdite di Wall Street in vista dei dati sull’inflazione statunitense che verranno pubblicati nel pomeriggio (14.30h UTC). Hang Seng -2,45%, Nikkei225 -0,65%, Shanghai -0,60%.
Borse europee verso un avvio in rosso.
▪️ Elon Musk ha... 显示更多 翻译