Kizion

I'm also in favour of such type of investments, but in my opinion none of them seems really cheap at the moment. Looked at ABB a while ago (in the dip) but decided to pass on them (probably wrongly).

haha, I have a pool since last year and I only regret it - only luck is that it came with a house we bought and I didn’t make the decision myself. Reason why I don’t like it is because cost benefit it’s negative for me. It takes me too much effort to maintain during summer and it costs me a lot of money (electricity for pump, heat pump (dont use it tbh), products & time) vs. the few times we could actually enjoy it. I hope it turns more beneficial once kids can start using it.

I understand the comparison cash vs. BTC, but why was an instant bank transfer not an option for your contractor? Curious, but even without an answer, a bank transfer is OK for most other use-cases, no? BTC as alternative for a bank transfer is less favourable, right?

It seems peanuts compared to the market cap of Chinese equities (hence, my expected impact is nihil) - or do I miss something?

Definitely, +1

True, but the index is the market price - could we somewhere see or analyse what the earnings did for S&P500 (preferably excl. MAG7 as it's indeed true that Europe is lacking such quality) and what part of the index return is linked to P/E multiple expansion? I would like to understand the driver for the index performance, is it higher earnings growth for US companies (vs. EU) or is it mainly expansion of P/E multiple, or is it combination of both. S&P500 is trading at around 25x forward PE, while Stoxx600 is trading at around 14x forward PE. Is this discount big enough to make EU investments attractive? Probably it will come down to the growth assumptions for the MAG7. S&P500 equal weight is trading at 18x PE.

How much of the US GDP growth in past 10 years comes from increase in governmental debt/spending and money supply? I can’t undo myself from the idea that the US is just much more aggressive with these policies vs. EU and that US is just pulling growth forward. Question is if this is sustainable - if yes, very good for US and a missed opportunity for the EU. or is this PoV not relevant in the discussion?

MBLY is an interesting company - do you know the reasons for the very significant inventory increase in past quarters?

Relevant for the discussion yesterday on WR: https://www.barrons.com/articles/retirement-savings-withdrawal-rate-cash-bonds-c1c356f4?mod=hp_RETIREMENT

What is UBS standing for? Is it the Swiss bank?

Depends if you prefer US, CA or BR assets. Latter one seems to be significantly discounted for their geographical risks. How does CNQ compare to OXY in terms of reserves?

Do I oversimplify by concluding that you just look at P/E ratio (and it's potential to evolve positively)?

What's your timing on the puts for UNG? Any reason to expect prices to not further decrease?

What do I miss on Metaplanet? They bought BTC for 40% of their previous market cap and suddenly they are worth 10x more? Please enlight me

safe heaven for index/mag7 investors maybe