Offshore
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Hidden Value Gems
The top 10% richest Americans account for half of consumption compared to 36% 30 years ago.
"A stock market selloff or decline in home values that rattles the confidence of the top 10% and causes them to cut back would have a significant effect on the economy."
"Bank of America found that credit-card spending by their richest third of customers was growing than spending by the lowest-earning third. The top 5% of households spent more than 10% more on luxury goods abroad compared with a year earlier."
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The top 10% richest Americans account for half of consumption compared to 36% 30 years ago.
"A stock market selloff or decline in home values that rattles the confidence of the top 10% and causes them to cut back would have a significant effect on the economy."
"Bank of America found that credit-card spending by their richest third of customers was growing than spending by the lowest-earning third. The top 5% of households spent more than 10% more on luxury goods abroad compared with a year earlier."
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Offshore
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Hidden Value Gems
Admiral $ADM.L - a nice day to be a shareholder 😀
Double-digit growth across the board, a special dividend and an upbeat outlook!
"We move into the new year well-placed for continued positive results. There are one or two challenges for sure (a competitive market in UK motor and the need to restore profit in Italy to name two), but particularly noting the prudent claims reserves position in all lines of business at the end of 2024, we expect strong releases and profit to flow into 2025 and beyond. Subject to market conditions, we’re still hoping to grow in pretty much all our operations too."
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Admiral $ADM.L - a nice day to be a shareholder 😀
Double-digit growth across the board, a special dividend and an upbeat outlook!
"We move into the new year well-placed for continued positive results. There are one or two challenges for sure (a competitive market in UK motor and the need to restore profit in Italy to name two), but particularly noting the prudent claims reserves position in all lines of business at the end of 2024, we expect strong releases and profit to flow into 2025 and beyond. Subject to market conditions, we’re still hoping to grow in pretty much all our operations too."
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Offshore
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Finding Compounders
Warren Buffett
“Avoid mindless imitation of peers. I never talk to brokers or analysts. You have to think for yourself.” https://t.co/FCHcGiogCM
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Warren Buffett
“Avoid mindless imitation of peers. I never talk to brokers or analysts. You have to think for yourself.” https://t.co/FCHcGiogCM
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Offshore
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Finding Compounders
The Advantages of the “Gift Market”
Warren Buffett recommends companies in the “gift business.”
These are companies whose products are mainly used as gifts and are not for self consumption.
A great example is See’s Candies.
The advantage with such companies is that https://t.co/7VwAHzC6Sg
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The Advantages of the “Gift Market”
Warren Buffett recommends companies in the “gift business.”
These are companies whose products are mainly used as gifts and are not for self consumption.
A great example is See’s Candies.
The advantage with such companies is that https://t.co/7VwAHzC6Sg
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Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: Charlie Munger once said:
“IF ALL YOU EVER DID was buy high-quality stocks on the 200-week moving average, you would BEAT ‘most INVESTORS’ by a large margin over time.”
Here are 10 high-quality stocks trading near their 200-week moving average 🧵 https://t.co/usTZ04V9kh
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RT @DimitryNakhla: Charlie Munger once said:
“IF ALL YOU EVER DID was buy high-quality stocks on the 200-week moving average, you would BEAT ‘most INVESTORS’ by a large margin over time.”
Here are 10 high-quality stocks trading near their 200-week moving average 🧵 https://t.co/usTZ04V9kh
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Quiver Quantitative
BREAKING: Senator Dave McCormick just filed up to $150K of purchases of the Bitwise Bitcoin ETF.
These purchases were made on February 26th, just days before the crypto reserve announcement.
Track politicians' portfolios on Quiver. https://t.co/DAjShSTekX
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BREAKING: Senator Dave McCormick just filed up to $150K of purchases of the Bitwise Bitcoin ETF.
These purchases were made on February 26th, just days before the crypto reserve announcement.
Track politicians' portfolios on Quiver. https://t.co/DAjShSTekX
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