Luke

Amazing, thank you!

You wont regret it, incredible chair!

Opened a position on LVMH

Merry Christmas!

Added to fairfax, still a small position for me

I dont know if there has been a discussion about it yet: What would happen if prem watsa would die? How would impact that the fairfax thesis? are there successors planned already, like with BRK? He could very well live 20 more years but 72 is 72. Just wondering about it

Very interesting, thanks for sharing!

Added to Alphabet @86€

I disagree, he is not a straight out playbook communist. They are using all the advantages of markets with a top down approach to sometimes place ressources in underdeveloped segments. we never saw something like this system before. nobody knows how successful it will be. All of that combined with some sort of national/socialistic ideology elements, bit like north korea. The original ,,assignment,, of china being the center of the earth. The game is still playing out, pabrai also said it still might be okay for china investments. Its going to be an interesting decade.

China investing triple the amount of the Chips Act for semi development. As i see it this is a straight trade war act from the US trying to impair growth and competition for the global economy. Why cant China order EUV tools from ASML? Because of US national security? Where did china attack the US? The us has been on an imperial move, establishing naval bases all around east asia because of the ,,danger of china,,. Imagine if China establishes naval bases close to US, around the Caribbean. They would get nuked away It is clear that the US fears china as a competitor for global domination. China is on their way to establish themselves in great ways to grow their country, investing in infrastructure all over the world etc. We see chinese imperialism happening every day. The US does the same in every way, maybe they are smarter in hiding it but i dont see big differences. Media biases and what not. Imagine if china opens up to the world, their businesses going global. The S&P 500 wouldnt outperform so hard anymore. Right now we saw how much chinese ETFs crashed. Imagine china producing chips, dram etc with EUV tools. Intel, Micron, AMD would all get severe competition. Amazon vs Alibaba. We have to big nations with huge great tech players. One of these nations is not allowed to play.

A reason why i shifted in stock picker, value investing type buisnesses lately. BRK, Markel, bit of Fairfax.

I bought into Samsung, 3% starter position. Big strong, cheap business with lots of tailwinds

So i bought more Amazon, Micron and TSMC. I am planning to buy more of all of these if things get cheaper.

Put in a buy order for Fairfax. I agree it looks undervalued and it could be a interesting long term holding

Great, Thank you!!

What kind of filing is this? I dont understand how you were able to find this information. Columbia Insurance what? Would like to understand

Yeah, i own Micron,TSMC,ASML and INTEL (ordered by position size) now. I think each of them has a good chance to be worth a lot more in the future. I am least certain about intel but also think at this price its not too bad. Pat looks like a decent CEO, proved himself before. They are really behind but i think there is a chance they will find their place and produce cashflows far into the future.

Added a tiny bit of meta

Sold my position in iShares Semiconductors and shifted that into TSMC and a small Intel Position

https://www.cnbc.com/2022/11/15/charlie-munger-says-crypto-is-a-bad-combo-of-fraud-and-delusion-good-for-kidnappers.html The Legend. Berkshire now coming out with: Mungercoin

https://news.sky.com/story/russian-missiles-kill-two-people-in-nato-member-poland-us-intelligence-official-says-12748369 This is bad, wondering if NATO will do something.

Very exiciting, i think its a great addition!!

Micron is also 5% of my Portfolio, i like it!

Good point, a good currency like the swiss frank is relatively stable. Look at all other coins, losing 90% of their value. This is just too much.

To be honest i dont understand blockchain, could very well be great technology usable for a lot of things. @Parsad Do you own any crypto?