John Hjorth

@Spekulatius, This one of yours made me chukle. At least the last part, understood as the last line. The first line of yours also contains the core of the problem at hand here : The Russian population's glaring lack of democratic attitude, by not stating demands on such matter at and against their Head of State/ruler. Very frustrating to be a spectator to. I suppose this issue will take generations to solve and eventually get right going forward.

And that did not last long : Lenta.ru [September 23th 2024] : Russia responds to Danish PM's call to lift restrictions on strikes deep into the country Subheader: Senator Dzhabarov : NATO countries will be held separately responsible for strikes deep into Russia. What a nice guy he seems to be.

Thanks, @UK, Yes, the whole proposition of red lines and Russia telling others what to do and not to do is absurd in the context of the actual situation exists because of Russian agression. The world simply does not work that way. Exactly the same, when the POTUS, while asked about it, ignores Putin, answering 'I do not think much about 'him'', meaning 'Putin and his doings'.

@Xerxes, PSTD? [Nah, J/K!]

Thanks, @Xerxes.

Thanks, @Xerxes , Not exactly immaterial, I would say. Is there a difference here between conditions, terms and systems for USA and Canada? Here, we have a separate market for underlying bonds issued related to morgages, and separate morgage institutions with separate regulation, but same oversight as banks ['the Danish model'].

The last few nigths late, and together with Lulu [the stray cat that moved in here 9/11 [<- !] 9.21 PM '21 and took control over everything and thereby the ruler of the House, thereby ultimate identity running full consolidations on everything according to IFRS], I have been watching the serie [season 1, so far the only one] '3 body problem' on Netflix, a serie that is the movie adaptation of the book The Three Body Problem [novel] by the author Liu Cixin. The plot is simply so mind provoking, it is described in detail in the Wikipedia article about the novel linked to above. According to Netflix, there will be a sequel, which I'm exited awaiting. - - - o 0 o - - - The novel is also the first book in the trilogy Remembrance of Earth's Past . - - - o 0 o - - - Wikipedia : Three-Body Problem [in physics].

Here is a thread on X about the rate cut and its effects by professor Aswath Damodaran, that at least to me personally makes some sense :

Damn, you're good , [ @thowed and @LC ], To me, a major part of the concept of satisfactory compounding - as a stock picker - is to see management actually making - to me - the right decisions a long the way, a head with regard to capital allocation, based on available information. For my part personally, however, it may eventually take me years to judge and assess such decisions, in a forward looking perspective. Constantly, forward looking perspective. [If you don't already own such a thing to make your life less miserable, then I would say that's about time to look in that direction for your personal part.]

@Pelagic, Thank you for your elaboration above. I just can't follow the reasoning above from you. So much for that, with what it may eventuallly end up with [ to take].

A bit more about European innovation, because it isen't just related to the activities of the American tech companies [versus European tech companies] : The innovation in Europe is directed and contracentrated / focused on other things than the activities of the American big tech. Examples here : European Pharma Innovation : Novo Holdings A/S - Annual Report 2023. Sweden, a family sphere based, and centered on, industrial innovation : Wallenberg Sphere .

Thanks, @Dalal.Holdings, Now we're on the same wave length / frequency. Proportions in situ in argumentation certainly matters.

It's still about causation and logic also. Talking and using as an argument that EU [not to be confused 'European' here] regulation is making what investable? The US big techs are not even listed in Europe? I.e., what or who did cause my personal [luckily] tiny losses on Gazprom, Lukoil & Sberbank? Was it Putin [and his war]? [No, I got screwed by intermediaries, that were forced by political regulation related to the war, to impose and to do things, that screwed me].

I really think we need a new, separate topic in this 'General Discussion' forum here on CoBF about how 'How EU regulation kills all kinds of innovation', which as topic [theme] is not the same as 'Europe in uninvestable'. It is about causation and logic. Some CoBF members either don't understand the difference between the two, or have simply chosen to ignore that difference here.

@formthirteen, @Sweet and @Spekulatius, Actually, an embarrassing disgrace for both men, I would say, to engage in such ex cathedra more or less personal condecending mud slinging on X. A token of lack of format, and bad form, that does not dress any of the two gents well. I got a good laugh by reading @Spekulatius's post above though.

Bloomberg - Markets [September 18th 2024] : Stocks Rise as Fed Decides to Go Big With Rate Cut: Markets Wrap Subheaders : Decisive, perhaps even hell bent? Go big? And then a guy from JP Morgan Assets Management pops up on Bloomberg with the message : 'Buy bonds!' - It's just so funny!

Caveat emptor! The creme coloured leather sofa on the aft deck is missing : 1. A holder for your phone, so you're able to call your broker, or reply to your spouse, when you're under suspicion for cheating on him or her, while continuing fishing. 2. A holder for your Bloomberg terminal, so you can check and chart your portfolio. Nice barge!

At least I think it is, @Kizion . Thanks.

@Dalal.Holdings, Let me just say here, that I do not understand what the existence [or not] of 'Unicorns' really has to do with topic. To me: US GDP advance LTM : 3.1 per cent, Euro area GDP advance LTM : 0.6 per cent. What does that [the difference between those] have to do [by now] with 'Unicorns' and such? Please review your own posts and mine, meaning : Are companies such as : # 14 : Novo Nordisk, # 27 : LVMH, & # 29 : ASML [Link] subject to your statements about lack of European innovation?

Thank you, @Dalal.Holdings, To me personally, this last post of yours above is the first post in this topic that creates a link / causation [call it what you want], by logic and examples, between the investability of Europe and by EU imposed innovation constraints. I'm certainly a slow catcher, who needs things bent in neon, before it sinks in. Again, thank you.

With regard to Mario Draghi, his statements, and his report, here is the links to his report for those CoBF members interested: European Commision [September 9th 2024] : EU competitiveness: Looking ahead. I have looked it up just today, and have not read anything in it yet. So I can't express any personal opinion about it. But I will certainly read it over the next few weeks to come.

I'll let it go from here, @Dalal.Holdings, A part from this comment : I think you aren't relating to my point, namely it's not the EU bothering and annoying you in your your daily digital life, for the most part, it's likely websites, where the web developers haven't done their basic work of not annoying you with presenting for you the cookies options pop-up, because you are accessing the site from within USA, not from the EU, thus no cookie requests required for you [, but for a person like me [European citzen]. Washington Post mentioned here as an example of how to solve the issue the correct way for citizens outside EU member contries, here including UK and Switzerland.

Good you're bringing us back on topic and track again, James [ @james22 ], My knowledge about German macro economics is insufficient, but I suppose this development is a for a good part releated to the the three large German automakers and their underlying supply chains, which actually constitutes a huge German spiders web? [ @Spekulatius has called the situation for one them a 'shitshow', I am not even sure if it's funny, nor an exaggeration, or even worse, the opposite?] I hope to read something of value about it here from a knowledgeable CoBF member on the issue at hand.

Ref. the posts above about data protection principles by @Dalal.Holdings , @Spekulatius and @Dinar - in principle versus in practice, including all the hazzle and annoyance in practice, is really EU for that to blame if you as an american citizen accesses an American website, actually? Here is a good example - the Washington Post website, accessed from Denmark, an EU member country : I suppose it must be evident that the website is 'tasting' on my user agent [IP adress?] to get a reply to 'Who there?' before sending me a reply and eventually letting me in, or am I reading it in a wrong way here, my assumption just mentioned thereby wrong? There actually exists an news website, that I can't access here from Europe. Right now, I don't remember which it is.

ico.org.uk : A guide to the data protection principles. Easier there to get an overview of what it is about in stead of 80 pages. I speculate it all started with the ads revenue streams at Google and Meta, rising such considerations based on these companies accumulation of all kinds of userdata, however I'm not sure about that.