Has the big crash begun?

In the past few weeks, we have seen the markets shaking a little stronger than what we have seen in recent years (in Europe, by the way, the declines have been going on for several…



Apergy: a quality business trading at fair value

Apergy Corporation is a provider of oil and gas drilling technology solutions. It has large growth potential combined with very high profitability. But the stock is currently not undervalued enough to justify a BUY. After…



Is Trump’s trade war a Black Swan?

Despite a good reporting season for US companies in general and great results for the portfolio companies as well, the US stock market has recently moved into a negative trend (although today the market goes…


How to invest wisely in 2018?

At the recent members’ conference, I presented my insights on the markets and how I think it should affect the allocation of our portfolio, if at all. Here are the main points: Although many feel…