Luke

I have an iPhone 13 Pro and i use Apple Pay whenever i go to any store. Have 4 Cards on Apple Pay and my Wallets are all digital. Great System but we also have google pay, Samsung pay etc.

Ill throw in BRK as well of course, compounding all weather machine, further buying great assets and growing earnings. Bullish on TSM although we might see a chip slowdown next year. Long term looks great and PE is fair at 13.5. Prosus: Buybacks continue every week (around 150-300m € worth of shares!), they are still trading at a decent discount, Tencent is still very undervalued compared to what they can build the next decade (attached prosus buybacks till December). Tencents cloud buisness could be worth current marketcap in a decade, main buisness is great, venture capital arm is amazing. The rest, amazon, alphabet, apple, meta. All look good longterm.

More TSMC and Amazon

Munger just gold here

Visually very well but with the rest i agree with this review:

Yeah, apple is an interesting one. I just wonder how much earnings growth we can see the next decade. Services etc are growing fast, emerging markets like india can also be conquered. Combine that with the buybacks and maybe some innovative products, +10% IRR.

Have a look at bill ackman posting on twitter about coke being so dangerous for US citizens due to health problems while holding dominos etc. Maybe he is short again?

Also notice the pictures in the video, pictures of hu jintao and also the previous head of ccp. Seems like he respects them still and the old policies grew the country well. Good to see. There has been a good twitter thread about it.

Its definitely refreshing. We will see :))

Buffett liked it even a bit higher. My concern is how much innovation they can pull off to gather more market share but one might not even need that. Just growing in the other markets/emerging markets+buybacks should reward you. Services are also growing. What is your thesis longterm? How do you see apples future?

Quite the refreshing and positive speach, not so hostile, enjoyed the watch.

3890 fair Value for S P 500 according to professor damodaran Doesnt look like he expects a recession, estimates would have to be lower then

https://pages.stern.nyu.edu/~adamodar/New_Home_Page/home.htm

Added to FFH, Meta,Alphabet

Good Lord! Its always a shock to see how retarded some people on this planet are. What a joke, clowns fighting a war they dont even completely understand themselves, getting beaten by some random commander in the middle of nowhere. What a waste...

Down -13%, mainly due to China, Baba and Tencent. Sold some Baba at a loss, kept most of it and then switched all china into prosus at latest low, up 60% now with it. Berkshire was the biggest winner, made it a 25% position in 2021 when market got heated.

Yesterday I added to Micron, Meta, TSMC, Amazon, opened a small position on Kering, sold some Berkshire to buy more Alphabet

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€