According to the Russian administration’s decision in April, all shares of Russian companies traded on stock exchanges outside the US must be delisted. The deadline for that seems to be August 3rd, thus if you…
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2021 ended yesterday. It was another successful year for the portfolio, which yielded 18.5%. In the coming days, I will publish my annual summary to the portfolio members, including my goals for the coming year…
2020 was a very challenging year. It opened with the outbreak of the corona in February, which knocked the markets down 35%. Fortunately, the portfolio had a strong cash balance at this time, so I…
2019 finalized the second decade of the 21st century. A decade that opened after the acute crisis of 2008 and the prolonged recession that followed. The flow of trillions of dollars by central banks around…
After the merger attempt between Fiat Chrysler and Renault failed, Fiat announced yesterday that it is in talks with PSA Group (PEUP.PA), manufacturer of Peugeot vehicles, regarding a possible merger between the two. Such a…
After a long period of speculation, Fiat-Chrysler proposed yesterday to merge with Renault and create the world’s third-largest automaker. Although it was Fiat that officially proposed the merger, it seems that the management of the…
The last time (and only since the launch of the portfolio in 2004) that we saw a negative annual return in the portfolio was in 2008 (the portfolio went down 16.5%, much less than the…
2017 has been a great year for the stock market in general and for our portfolio in particular. The portfolio beat the market big-time with a return of 55.5% (!) versus 19.4% for S&P500. The…
This is already a regular ritual – BNED publishes reasonable annual (or quarterly) results, but the stock actually crashes 11% two days in a row. What’s interesting is that yesterday the stock opened up more…
It is now official – The Indian Satellite television giant DishTV, announced that it came to an agreement to merge with its major competitor Videocon D2h. The united company will be named DishTV Videocon Limited…