Benif

My investments: VWRL, AGGG, LVMH (CDI), BRK, KO, DIS, UHRN

[Benif @Benif_ch]

@georgwtf Yes agree, it’s only ETFs not including index funds and I couldn’t find the split between equities, bonds and money market

[Benif @Benif_ch]

55% of German investors own ETFs.

[Benif @Benif_ch]

@RandomWalkeur 💯%

[Benif @Benif_ch]

@georgwtf Had a look, only ca. 20% invest in funds or single stockd

[Benif @Benif_ch]

@georgwtf Most invest not at all, 90% iirc.

[Benif @Benif_ch]

@sometimesfrunny Boring but outperforming the crowd.

[Benif @Benif_ch]

@RandomWalkeur Very surprising because Germans like to complain that their fellow citizens only park their cash in the bank Sparbuch. You’re rightly, 80% of my portfolio is in 2 ETFs.

[Benif @Benif_ch]

$AAPL is such a crazy good business. Siri is bad, nobody really uses it - but they can just sit there and wait because they own the interface between the technology and the actual physical human. They can simply adopt AI correctly at the right moment and be fine.

[BuccoCapital Bloke @buccocapital]

How can Siri still be so bad? It doesn’t make any sense. The technology is there. They have unlimited money to pay the right people…and yet…it is the single worst technology product. It is humiliating to use

[Benif @Benif_ch]

@RandolphDuke7 This is correct, yes.

[Benif @Benif_ch]

Interesting re $DEO $BF $RI.PA $RCO.PA

[Randolph Duke 🇺🇸 @RandolphDuke7]

Nice result from Remy Cointreau.

The inventory whip in spirits can be brutal and financial analysts often fail to understand inventory accounting in general.

In one quarter, about 15 years ago, I saw Diageo report a negative revenue quarter (implied by the dumb

[Benif @Benif_ch]

@secondorderfx @BoringBiz_ It’s a good comment, but at some point you’ll likely need an off ramp for any bearer instrument to convert into a commercially viable instrument like fiat to obtain goods and services.

[Benif @Benif_ch]

@groenphoenix @BoringBiz_ His portfolio is up because stocks are productive assets. Doesn’t matter if denominated in fiat or crypto or any other non productive asset.

[Benif @Benif_ch]

@Autonomosly @TMTLongShort It says „disadvantage“ not that they’re right and you‘re wrong.

[Benif @Benif_ch]

Now it becomes clear why Exor dumped $RACE at the peak ahead of retail investors.

[Benif @Benif_ch]

@SwissKnifeInv Here‘s the rule: Buy a low cost broad equity index.

[Benif @Benif_ch]

Because equity prices reflect the net present value of all expected future cash flows, whereas trailing FCF represents historical performance over the past 12 months.

[Finance Jack @FinanceJack44]

@McBullish Idk how you can say it’s priced for perfection at a 10 year low P/FCF

[Benif @Benif_ch]

@peterrhague Looking at your kids as cheat codes, sure, will end well.

[Benif @Benif_ch]

@Rick_Sickle1 @njshoreinvest Just sell some equity from time to time, no problem.

[Benif @Benif_ch]

@MilesTalk @njshoreinvest Home ownership protects against landlord-initiated termination but significantly increases the cost and difficulty of moving for more common reasons: Job Relocation, Household Expansion, Relationship Status, Educational Reasons.

[Benif @Benif_ch]

@MilesTalk @njshoreinvest One of the best reasons, but don’t think this changes the thesis overall.