Imam prav, da se je Maks sem sebe na začetku opisoval kot 'value investor', ali se motim?


Ker nas verjetno velika večina razume angleško, bom pustil ta zapis v originalu. Sicer pa Google Translate, da se prevede kaj je alternativna definicija norosti:


"
I can’t help but think of the TMT bubble of the late 90’s/early 2000’s and the infamous shareholder letter from the CEO of Sun Microsystems. As you’re reading this, keep in mind that Nvidia currently sits at 20x revenues, so double what Sun Microsystems was valued at back then.

"At 10 times revenues, to give you a 10-year payback, I have to pay you 100% of revenues for 10 straight years in dividends. That assumes I can get that by my shareholders. That assumes I have zero cost of goods sold, which is very hard for a computer company. That assumes zero expenses, which is really hard with 39,000 employees. That assumes I pay no taxes which is very hard. And that assumes you pay no taxes on your dividends which is kind of illegal. And that assumes with zero R&D for the next 10 years, I can maintain the current revenue run rate. Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those basic assumptions are? You don’t need any transparency. You don’t need any footnotes. What were you thinking?"
"

Sicer pa vso norost na stran, upam da ima Maks tudi svoj 'exit strategy' - plan kdaj in kako bo prodal svojo pozicijo v NVDA.

[janezkranj]
Imam prav, da se je Maks sem sebe na začetku opisoval kot 'value investor', ali se motim?

www.finance.si/kdo-je-maks


Maks je namišljeni mali vlagatelj, ki bi rad oplemenitil svoj portfelj, ki obsega 50 tisoč evrov. Od tega bo 15 tisoč evrov pravega denarja, ki ga bo Maks vlagal na ljubljanski borzi. Preostalih 35 tisoč evrov pa je imaginarnih in pomeni kopijo dejanskih naložb na globalnem trgu po vzoru estonskega projekta Investor Toomas,...

...

Smo z ekipo ravno čez vikend debatirali, kaj storiti, ce nam poteze Toomasa niso všeč oz ce sam spremeni strategijo, nagnjenost k tveganju, kar je videti, da se dogaja.

Zaenkrat smo sprejeli odločitev, da še naprej sledimo začrtani zgodbi ter da tovrstne odločitve občasno pospremimo s komentarjem, kjer razkrijemo obcutke in razmišljanja Maksa. Podobno, kot smo naredili ze ob prvem nakupu Nvidie.

Si pa zelimo, da se Maks nekoč (vsaj delno) osamosvoji tudi na globalnem delu portfelja, vendar še ni čas za to.