“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1.” – Warren Buffet
“Being a value investor means you look at the downside before looking at the upside.” – Li Lu
“A great business at a fair price is superior to a fair business at a great price.” – Charlie Munger
Latest articles
Q2 2026 – Portfolio Update
“Managing the Luxury of Outperformance.” Performance vs. Benchmark Total portfolio return: +46,5% Q2 2026Portfolio return: 35,8%Benchmark (VWRL): 15,9%Overperformance: +19,9%AMD pulling the cart but overall market has performed well. SNOW, HIMS & UNH all turned around and are outperforming the market. Actual allocation vs. Targets Category Actual allocation Target Allocation Conclusion (Tolerance: +/- 5%) ETFs 32%…
Q1 2026 – Portfolio Update
“Tech correction and geopolitical unrest tests conviction, rebalancing plan set in action.” Performance vs. Benchmark Total portfolio return: +10,2% Q1 2026Portfolio return: -5,5%Benchmark (VWRL): -2,5%Underperformance: -3% Tech & software drawing down the portfolio as AMD and SNOW decline. Headwinds for UNH and HIMS add to the loss for the quarter. Money is rotating from tech…
EssilorLuxottica: Analyzing the Global Eyewear Leader
Published: February 9th, 2026 I recently completed an in-depth analysis of EssilorLuxottica, the world’s largest eyewear company and a dominant force in the vision care industry. This research examines whether the company’s premium valuation is justified given its growth prospects and competitive positioning. Company Overview EssilorLuxottica operates a vertically integrated business model spanning the entire…