Passive Investing – Howard Marks latest memo

In his latest memo, Howard Marks is talking about investing without people. The memo is quite interesting and I recommend it to every investor. It covers three ways of investing without people. To the first one I want to dedicate some attention in my today’s blog post – ETFs and passive investing. Passive investing, in particular ETFs are very popular these …

Benchmark – Forget it!

It’s like a disease. To get a notion about ones investment success, many want to know if he was better than his benchmark. But I tell you what. Forget the benchmark! The benchmark doesn’t decide on your investment success. I’ve never understood why so many people equals investment success with beating a benchmark. I’m not investing on the stock market to …

Foot Locker – Why I bought in October and sold in January!

Sometimes you will come across something by coincidence and you were happy that it happened. That’s exactly what happened to me with Foot Locker! – My personal review! Investing in stocks is really exciting. Although most of the time it can be very “boring”, especially when you’re following a strategy like mine. I’m not buying very often. I’m searching for …

Don’t Panic! It’s just the Market that’s dropping!

Dow Jones Industrial Average down 4.60%. S&P 500 closed -4.10%. The Nasdaq Composite  down 3.78%. Since is high Jan. 26, the Dow Jones industrial average has dropped 8.5%. But this is no reason for panicking! Since his high since Jan. 26 the Dow Jones lost more than 2000 points and the stock markets world wide also decreased. The DAX (the …

Is Diversification the Opposite of Risk Reduction?

“Diversification is one of the most important component regarding risk reduction.” Most investment professionals would agree to this statement and private investors believe it. But is this statement true? (also published on GuruFocus.com) One of the first things you hear when starting your investment career is that you have to diversify your investments. Your bank manager is saying it. Your …