“Don’t overspend. Even Mozart couldn’t get away with doing that.” – Charlie Munger Pfäffikon SZ, Switzerland – The decline in US stock markets is the strongest since early January 2016 (-6.2%) and since President Trump’s election. Possible interest rate increases apparently play tricks on the sentiment, while other factors on the stock exchange have been […]
On January 31, 2018, the Net Asset Value (NAV) of Thirteen Diversified Fund is 31.04% Net of Fees. This NAV is calculated by CACEIS Bank Luxembourg Amsterdam Branch. The NAV of Thirteen Diversified Fund is calculated by CACEIS Bank Luxembourg Amsterdam Branch, the fund’s administrator, on a monthly basis. Each month, the officially calculated NAV […]
“Patterns are the fool’s gold of financial markets” – Benoit Mandelbrot Pfäffikon SZ, Switzerland – That predicting does not have any meaning becomes very clear this year. Many prognoses for the S&P 500 and the Dow Jones can be thrown away because the predicted prices are already on the exchange board. The so-called ‘melt-up’ seems […]
Pfäffikon SZ, Switzerland – For our Thirteen Diversified Fund we performed the following transaction(s) today: All purchases and sales are automatically processed in the Portfolio during the day. Once a month the performance of Thirteen Diversified Fund is calculated and published. Our Participants can follow Thirteen Diversified Fund’s Portfolio online. This week, we sold: Richemont […]