🟢 𝟑.𝟗%: 𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞
🟢 𝟐.𝟒%: 𝐇𝐢𝐠𝐡𝐞𝐬𝐭 𝐃𝐚𝐢𝐥𝐲 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞
🟢 𝟕𝟎.𝟎𝟒%: 𝟏𝟐-𝐦𝐨𝐧𝐭𝐡𝐬-𝐫𝐞𝐭𝐮𝐫𝐧
𝐅𝐢𝐫𝐬𝐭 𝐨𝐟 𝐚𝐥𝐥, 𝐈 𝐰𝐚𝐫𝐦𝐥𝐲 𝐰𝐞𝐥𝐜𝐨𝐦𝐞 𝐚𝐥𝐥 𝐧𝐞𝐰 𝐜𝐨𝐩𝐢𝐞𝐫𝐬 𝐚𝐧𝐝 𝐟𝐨𝐥𝐥𝐨𝐰𝐞𝐫𝐬. 𝐈 𝐭𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐭𝐫𝐮𝐬𝐭 𝐭𝐡𝐚𝐭 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐫𝐞𝐰𝐚𝐫𝐝𝐞𝐝. 𝐌𝐲 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐢𝐬 𝐯𝐞𝐫𝐲 𝐰𝐞𝐥𝐥 𝐛𝐚𝐥𝐚𝐧𝐜𝐞𝐝 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐡𝐢𝐠𝐡 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐦𝐨𝐝𝐞𝐫𝐚𝐭𝐞 𝐫𝐢𝐬𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐭𝐢𝐦𝐞. 𝐈𝐧 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧, 𝐈 𝐩𝐮𝐛𝐥𝐢𝐬𝐡 𝐮𝐩𝐝𝐚𝐭𝐞𝐬, 𝐦𝐚𝐫𝐤𝐞𝐭 𝐨𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐞𝐱𝐩𝐥𝐚𝐧𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐫𝐞𝐠𝐮𝐥𝐚𝐫𝐥𝐲.
Another very successful month came to an end last week. The portfolio performed strongly in August, not least because crypto and commodities did well and the broad equity market responded positively to the FED's latest decision to scale back tapering while leaving the interest rate unchanged. At the same time, two copiers took advantage of the weakness in prices at the beginning of August to enter the market. 𝐁𝐨𝐭𝐡 𝐚𝐫𝐞 𝐧𝐨𝐰 𝐮𝐩 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝟖-𝟏𝟏% - 𝐨𝐧𝐥𝐲 𝐢𝐧 𝐀𝐮𝐠𝐮𝐬𝐭. 𝐕𝐞𝐫𝐲 𝐬𝐦𝐚𝐫𝐭 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐚𝐧𝐝 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐢𝐦𝐢𝐧𝐠!
All investors should be aware that we nonetheless have a very high price level in most sectors and regions. For this reason, I continue to hold various hedges in order not to lose what we have gained through setbacks. Historically, September is a weak month, so this can always be used for new entries.
𝐈𝐧 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧, 𝐈 𝐚𝐦 𝐯𝐞𝐫𝐲 𝐡𝐚𝐩𝐩𝐲 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐫𝐢𝐬𝐤 𝐬𝐭𝐢𝐥𝐥 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐭𝐨 𝐝𝐞𝐜𝐫𝐞𝐚𝐬𝐞. 𝐒𝐮𝐜𝐡 𝐚 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐰𝐢𝐭𝐡 𝐚 𝐦𝐚𝐱 𝐫𝐢𝐬𝐤 𝐬𝐜𝐨𝐫𝐞 𝐨𝐟 𝟒 𝐢𝐬 𝐢𝐧𝐝𝐞𝐞𝐝 𝐫𝐚𝐫𝐞 𝐰𝐡𝐢𝐜𝐡 𝐦𝐚𝐤𝐞𝐬 𝐦𝐞 𝐩𝐫𝐨𝐮𝐝.
If you have any questions, feel free to check out my website and the FAQ page there or write to me directly.