linus_md

How do you sleep at night?

I think this is a good point. It would be interesting to consider the reverse. Instead of becoming a full-time investor, becoming a no-time investor and sticking with an index. But depending on the portfolio size even a small alpha could mean a good hourly salary.

ASML has been spun out of Philips so not really from scratch, but it is a great company. This is true. But would you rather have ASML/SAP/Inditex or Facebook, Apple, Microsoft, Nvidia, Google, Amazon, Tesla and so on?

I also wanted to comment this and it makes me very sad as a young European

This is true as far as I know see for example this: https://gerd-kommer.de/der-beste-fonds-aller-zeiten/ the sources below the article are in English.

https://www.bloomberg.com/news/articles/2023-05-23/company-earnings-guidance-is-wrong-about-70-of-the-time Their forecast are simply bad. I believe there should be a lot of academic literature on this topic.

Why don’t you simply buy SPY and save yourself the .7% fee?

https://maps.app.goo.gl/FbA8xynQW3Zojpfm6?g_st=ic is this the company?

My best guess is fair value is around $42k today. By the end of 2024, $100k. Why should “fair value” increase by 150% in a year?

+1

You can read it here: https://archive.ph/eJccU.

Given that most portfolios here include Tesla, Amazon and Netflix their return over the last 10 years should have been quite good.

Why did you sell POAHY?

Increased position in PAH3/POAHY.

No this is inaccurate the $2B is distorted by option prices wich are unknown to us. They are assumed to be the then share prices.