Why Retaining Earnings Makes More Sense Than Dividend Distributions
I have written numerous articles about dividends and compounding. To sum up, in order to create the biggest amount of wealth, you would want to
Continue readingHow Did The All Weather Portfolio Perform During Covid-19?
This week I came across this blogpost by Nick Maggiulli about The All Weather Portfolio. What is The All Weather Portfolio? Maggiuli’s blog post is
Continue readingKone – Profit From Urbanization And The Oligopoly Market
Introduction and summary: This is what makes Kone, a Finnish elevator company, a potentially good investment: The industry is close to an oligopoly – just
Continue readingThe Complete List Of Finnish ADRs
Finnish ADRs Finland has per capita output quite similar to that of France, the United Kingdom, and Germany- basically the other western European economies. Known
Continue readingThe Complete List Of Danish ADRs
Danish ADRs Denmark stands at 39th in the largest national economy globally, analyzed by the nominal gross economy (GDP) and 60th largest in the world
Continue readingWhy Tobacco Stocks Outperform
Some months ago I wrote an article about the historical performance of so-called “sin stocks”. Tobacco companies have performed the best in the US, and
Continue readingWhy I’m Long Gjensidige – The Norwegian Insurer
Gjensidige, for non-native speakers an unpronounceable name, is a quality Norwegian insurer. I’ve been long since the IPO in 2010, and below I briefly bring
Continue readingWhy We Can Expect Lower Returns Over The Next Decade
2010-2020 produced better returns than the historical averages: From the start of 2010 until today, 27th of July 2020, S&P 500 returned 250% (dividends reinvested),
Continue readingDon’t Invest Only For Dividend “Income”
I don’t think you should ever invest for income. It is a mistake…….. You shouldn’t just invest for dividends, you should invest in businesses that
Continue readingIs Altria A Good Investment At A P/E Of Ten?
Altria is included in the Unethical Portfolio. Altria is a legendary tobacco company that was split in two in 2008 when Philip Morris became the
Continue readingBoard Games And Investing
I currently reread Victor Niederhoffer’s The Eduction of A Speculator. I regard this book as one of the best I have ever read. It’s not
Continue readingThe Scandinavian/Nordic Dividend Portfolio
Before you continue reading we want to emphasize that the portfolio below is no recommendation to buy or sell the mentioned securities. We are no
Continue readingHow To Calculate The Dividend Yield On Your Portfolio (Dividend Growth Investing)
Dividend investing has become very popular. We believe this boils down to three factors: Dividends are a major source of the total returns. Research indicates
Continue readingAdmiral Plc – The “Different” Insurer
This article contains some brief notes on Admiral Plc, a UK insurance company listed on London Stock Exchange with the ticker code ADM. It’s included
Continue readingWR Berkley – The Rare Combination Of Both Able Operators And Allocators
We buy back stock when we think it’s attractively priced relative to our assessment of the intrinsic value of the enterprise. – Robert Berkley on
Continue readingEssity – The Swedish Consumer Staple
Essity is a Swedish consumer staple listed on Stockholm Stock Exchange with the ticker Essity. It has dual share-listing where the A-shares carry more voting
Continue readingThe Ethical Portfolio
I’m wealthy enough where I don’t need to own a tobacco company & deal with the consequences of public ownership. -Warren Buffett. ESG investing is
Continue readingThe Unethical Portfolio
Before you continue reading I want to emphasize that the portfolio below is no recommendation to buy or sell the mentioned securities. I’m no investment
Continue readingEntra – A Safe Haven?
Introduction and summary: Entra is included in our portfolio called the Scandinavian/Nordic dividend portfolio. Entra (Eiendom) (ticker code is Entra) is a Norwegian real estate
Continue readingExpected Returns In A Zero Interest Rate Policy (ZIRP) Environment – Which Asset Class Is Best
The last decade has produced fantastic returns in most global asset classes (commodities excluded), helped by enormous interventions by central banks. Can we expect similar
Continue readingShould You Invest In Stocks Or Real Estate (Or Both)?
Most people invest in real estate, perhaps quite logically since this is a very easy business model to understand. Equity (stocks) is perceived as riskier
Continue readingHow Many Dividend Stocks Should You Own?
Like most things in the world, everyone has their opinion on basically everything. Why would dividend stocks be any different? Most commonly asked questions while
Continue readingThe Importance Of Diversification
Harry Markowitz won the Nobel Prize in 1990 for his work in showing mathematically how you can both reduce risk and create better returns by
Continue readingHow Much Can You Pay For A Quality Company And Still Make High Returns?
Introduction and summary: In an article a few weeks back I wrote an article about the logic behind buying shares in quality companies, given that
Continue readingWhy The Mental And Behavioral Aspects Are Equally Important As The Strategy
No matter how good strategies you have, they are most likely worthless if you can’t execute them properly. What looks like a piece of cake
Continue reading