On September 30, 2018, the Net Asset Value (NAV) of Thirteen Diversified Fund is 24.84% 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 […]
“Investing without research is like playing stud poker and never looking at the cards.” – Peter Lynch Pfäffikon SZ, Switzerland – Investors were under the spell of Italy’s debt and fiscal problems last Friday. The situation around Italy should not be a surprise for investors. Investors –quite rightly– are no longer interested in Italy, which […]
“Investing is the intersection of economics and psychology.” – Seth Klarman Pfäffikon SZ, Switzerland – Investors in Europe are particularly concerned about trade tensions between the US and China. Strangely enough, investors in the US are more concerned about the elections. However, what many investors forget is that the stock market is already picking up […]
Pfäffikon SZ, Switzerland – For our Thirteen Diversified Fund (TDF) 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. Update: Today we expanded our long positions over a broad front. Additionally, we […]