they did some tweets already, we‘ll see…thx!

26 hours after I told X various times I was hacked, the hacker started to PM my follower to hack them as well. No human reaction from X - shameful!

With Kash & Pete, Washington DC will soon run out of vodka and bourbon

Imperial Brands: An Ode to Zero April Trading Update note.

invariant.substack.com/p/imperial-b...

My X Account was hacked friends…take care!

Bruker $BRKR Q1 release:

s22.q4cdn.com/617463959/fi...

FY EPS guidance lowered a bit, mainly caused by tariff impacts.

Worldwide (mainly large cap) valuations, no bargains, only US overvalued.

I know most of you don`t like the company but I bought a trading position in Teamviewer $TMV.DE under 11€. Numbers look great, they continue to grow in the high margin Enterprise Segment and are now trading at a 14% FCF yield, debt free in 2-3 years, buying back lots of stocks..

Seeing a lot of "2x free cash flow, insane margins, will grow 20% for years!" stock pitches where the author does not seem to realize the company is operating in a legal gray area that could end with the stroke of a pen, or is an outright fraud. Be careful.

Q1 letter of @alluvialcapital.bsky.social new Tactile fund:

mcusercontent.com/b5aa12c5c889...

The Mountain is you is a book that answers many questions I used to ask myself. Personal stuff but also why people here are afraid of stocks while Americans are not.

In the US they grow up with it while kids here are raised with stocks as dangerous (backed by media and politics)

@finanzgeschichten.bsky.social
Griechischer Joghurt ist extrem lecker. Das merken auch immer mehr Konsumenten außerhalb Griechenlands. Daher exportiert der Joghurt- und Speiseeis-Hersteller Kri-Kri immer mehr.

wow looks wonderful-thx for sharing!

Millennials are ruining everything…

“In April, two of the best-known producers, Lafite Rothschild and Angélus, both released their priciest 2024 red wines at 31% discounts to 2023’s vintage." Lafite’s is priced at €288 per bottle while Angélus’s is €180. Both are the lowest prices since 2014”

„Size is an enemy for the performance of Berkshire. We can’t solve that problem unfortunately.“

Warren would still do micro- and smallcaps if he could.

sentiment

Everyone who told us to sell back then under 5.000 is gone. Since nothing has changed I further upped my cash position in the last days. I‘m always careful but at 5.700 in this environment I‘m extremely cautious, closely following what happens. Take care!

NoName Annual Performance 2024-2025 This year I'm down 0.9%, dropping my CAGR to 29.8% since I first bought a stock 12 years ago.  I've been flat for 4 years now and lost to th...

new blog post: NoNameStocks annual performance 2024-2025 www.nonamestocks.com/2025/04/nona...

Trump to Host Dinner With Top Holders of His Memecoin President Donald Trump will have dinner with the top 220 holders of the Trump memecoin, the issuers of the cryptocurrency announced on Wednesday.

President Donald Trump will have dinner with the top 220 holders of the Trump memecoin, the issuers of the cryptocurrency announced on Wednesday

My watchlist shows more and more US names for the first time in a while. Mainly well positioned small- and microcaps as well as some life sciences midcaps. Stocks that went down with the market without a lot of dependence on the economy. Weak dollar makes them even cheaper for us Europoors.

We enter the stage where market continues to go down even if Trump is talking about a tariffs deal with the EU and a Russia/Ukraine deal maybe this week. He has lost all credibility on Wall Street.

most have given up on them. look at barrick long term vs gold, mindblowing.

2,5 years ago when €/$ hit 0,96, there was barely any euro bull left and no one understood why I thought 1,15-1,2 is likely fair value. Timing the market is difficult but in the long run nearly anything will eventually hit fair value.

Calculated in € we are at the 52wks closing lows from a few weeks ago for the s&p500 and nasdaq100. Most sectors still looking pretty expensive though.

The no. of US large cap technology stocks that hasn‘t lost at least 35% from recent highs is getting pretty small.

Meanwhile $SCZ is just 5% below 3y highs.

(all calculated in $)

ok more like 7,2x according to someone who knows the company and the reported language very well.

Kri-Kri $KRI.AT a bit under my estimates, margin guidance lower than expected but very nice revenue growth in q1. Hoping for further weakness to add.

www.krikri.gr/dyn/em_news/...

Precia $ALPM.PA 2024 results in line. Outlook sounds promising. Happy to add more on further weakness. Already trading at only ~6,5x ev/ebit but you never know what happens short term in French microcap land…

fr.preciamolen.com/wp-content/u...

Looks like recession incoming in the US to me. Still the most expensive market with the worst administration ever. Hard to justify these multiples.

Got 19% Cash again. -2% (in €) ytd now. I think the sentiment is way too bullish. Earnings season especially in the US will be very interesting. I will watch and don’t make transactions in the next weeks - instead do the work on my various newly added watchlist names. Take care!