Risk. Interest on the debt grows without rain. [While agriculture yields rely on it]. Yiddish
Proverb
Entrepreneurship. While we cannot direct the wind, we can adjust the sails, pushing and supporting our companies to work relentlessly on performance here and now, and simultaneously investing to future-proof their businesses. Christian Cederholm (President & CEO, Inveator AB)
Personal Finance.If you buy what you don't need, you steal from yourself. Swedish proverb
2) MY LATEST POSTS:
THE NORWEGIAN WEALTH FUND. WHAT I LIKE ABOUT IT
Norway is known for its stunning natural scenery. Still, an investment nerd cannot help but get drawn to the history, performance, and size of its financial hand-made masterpiece: the Norwegian Wealth Fund, also known as the Norwegian Sovereign Wealth Fund, the Norwegian Pension Fund (Global), or the Norwegian Oil Fund. check out what we can learn from it!
Along your investment journey, you will definitely examine your investment returns and compare them to the market’s benchmarks and the most “hot” stock in the news. You might also ask yourself: am I beating the market? Therefore, I think it is both interesting and helpful to examine the most common benchmarks and the top-performing stock of the last ten years.
Nicolai Tangen (CEO of the NMIB) recently interviewed Howard Marks. Howard Marks is a wise investor and a great financial author and educator. Today, I summarized my key takeaways from his interview with Nicolai. If you are a fan of Howard, you will recognize his classic – timeliness – talking points on Oaktree’s Investing Philosophy. Enjoy!
Comment: Despite the correction on the AI hype, and new fears in Middle East (VIX increased, Gold Increased), the Stock Market is still at records high. US Fed is not yet willing to cut interest rates.
Asset Class Returns, Q2 2024
Source: Novel Investor, June 2024
Comment: Each Asset Class tends to performs differently each year. Still, (US) Large Caps outperformed in 2023 and 2024. In Q1 and Q2, despite the "AI correction", large cap maintains
high returns.
