UK

https://www.reuters.com/business/media-telecom/telecoms-cable-linking-finland-germany-likely-severed-owner-says-2024-11-18/

https://www.nytimes.com/2024/11/17/us/politics/biden-ukraine-russia-atacms-missiles.html Some more escalation.

https://www.economist.com/finance-and-economics/2024/11/14/china-europe-mexico-the-biggest-losers-from-trumponomics

Sure: ERF and RTO. Both have their own threads.

Perhaps there are many good books on the subject, as also BRK letters are, but I really enjoyed this one, especially since I started investing in equities more seriously right after this period, so I felt it kind of expanded my experience back for a few decades, without actually participating in it:) https://www.amazon.com/Bull-History-Boom-Bust-1982-2004/dp/0060564148

This is basically the way I also do diversification, only for a few exeptions breach this upper limit and also own some smaller/more speculative things up to 20 percent of portfolio.

He has quite nice track record and in my opinion his letters and other writings on investing are very good. I would highly recommend reading him.

They also transfer funds only to your or another joint account holder account, which I like.

+1

Quite ipressive!

The two big investments I made this year are both European companies with large US exposure (30+ and 50+ of sales IIRC), they provide their services locally, so hopefully no disruption from possible tariffs:)

For what it is worth, IIRC FFH went down 7 or so percent when it was droped from MSCI Canada index in 2012. But maybe it was more of a surprise at the time vs expectations now.

Thanks, perhaps I have to think more about this.

A word from Truss: https://www.wsj.com/opinion/president-trump-can-save-europe-taxes-regulation-the-blob-caused-stagnation-he-shows-way-out-00ef9559?mod=hp_opin_pos_5#cxrecs_s

+1

And I would add, that despite all the mistery of Buffett selling stocks off and going to cash, insurance I think was was the only noticible thing he added to in the last year or so.

Oh yea, if not for the first criteria:). Otherwise I still think it is a buy, only do not look to the price chart:))

Btw, would not it be at like 1.5 BV at 15 percent ROE or 2 BV at 20 percent ROE?

I think we kind of discussed this already, but I really do not not have a strict sell plan and major drivers for me for any decission to sell, assuming there is nothing new or bad with the business itself, would probably be 1. allocation size, which is very personal thing for everyone, but my criteria is it should not make my sleep bad (I feel this is somewhere in the 30-40 max percent range for me for FFH, but this could change with time) 2. valuation, which is even more vague question, but as of today, I feel that a valuation of more than 1.7-2 BV could also start to hurt my sleep, because above this level I would probably start to fear the downside of reverting valuation, especially for a such concentrated position. So in this case I would probably trim it with the growing valuation and this could be a mistake, but it is high probability I will do it. Again, assuming there is nothing bad with business itself, I think I would keep at least 5-10 percent position regardless the price/valuation. I doubt index entry will triger sell decission making here, so I plan just to cheer it well, maybe even with a bottle of champagne:))

https://www.investing.com/news/world-news/trump-taps-us-senator-marco-rubio-for-secretary-of-state-3715336 Rubio is a top China hawk in the Senate, and was sanctioned by Beijing in 2020 over his stance on Hong Kong following democracy protests.

Yes I do not disagree with you on this at all, IIRC correctly, these measures are more simbolic. The thing I am sceptical though this would change Kremlins view on NATO for the better. I think more likely they would see this as opportunity to be even more agressive.

Are you buying it directly or through ETF and if yes, which?