I try to buy what I believe to be undervalued business, and wait for the market to also recognize this. Here are a quick write up of what I found to be successful and not so good decisions. After reviewing the stocks I earned the most from, I see they all share similar characteristics. Here… Continue reading Learning from past success and failures
Yesterday I increased my position in PARA with more than 100% GAV is now $17.26 I also initiated a small position in Nokian. GAV here is €9.73
Happy new year everyone! 2022 was an exiting year to say the least. Last year some of my best performing stocks were shipping stocks like Wilhelmsen and Stolt Nielsen. But also Unum group performed very well with almost a 100% increase. These are all sold now, the shipping stocks all too soon as usual. My… Continue reading A summary of 2022
I see some people tend to look at Telenors shareprice, and probably thinks something like: Oh, it has come down a lot. It used to be 160, and now are below 90, therefore it must be cheap. In this article I’ll try to explain how I tend to think about companies like this, and perhaps… Continue reading Telenor – a thought experiment
Hva er en preferanseaksje? Kort fortalt, så er det en aksje med fortrinnsrett til utbytte. Eiere har rett på utbytte før andre aksjeklasser, men etter obligasjonseiere og lånegivere har fått sitt. Preferanseaksjer kommer med en fastsatt innløsningskurs, og fastsatt utbyttenivå. Som oftest så er det begrensninger på stemmerettigheter. De klassifiseres som egenkapital, men oppfører seg… Continue reading Kort om preferanseaksjer og PPG-PREF
Take a minute, and ponder this quote from Ray Dalio: “If you’re going to come to the poker table, you’re going to have to beat me. … We have 1500 people who work at Bridgewater. We spend hundreds of millions of dollars on research and so on, we’ve been doing this for 37 years.” What… Continue reading What is your edge?
Here is a list of companies I have completely sold out, and how big the relative gains or losses were. The list only includes companies where I have sold all shares. The shares were not equally weighted. The list does not yet include Stolt-Nielsen.
This is a follow up to my earlier post: https://valueinvestorsite.wordpress.com/2022/01/17/the-case-for-oil/ In order to invest in something, you got to understand it fully. This is not a comprehensive post, but rather some thoughts and information that you may not have considered about oil. So why is oil so great in the first place? It is of… Continue reading The case for oil – an update
Not much to brag about in Q3; I’m currently down quite a bit in Fresenius medical care and Electrolux. However the investment thesis in Fresenius medical care is still intact, and the potential is even better for new investors. Unum group is my best performing share since last year with a performance of about +80%… Continue reading Value development Q3 2022
First of all, I think even with the recent drawdowns, the market may fall much more. As a reminder, have a look at the “Buffet indicator”: And the USD in circulation: Currently we have a lot of headwinds. Increasing interrest rates, inflation, supply chain disruptions, energy shortages, and so on. But this also creates some… Continue reading Navigating the bear market – recent buys and sells
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