9Mon·

We have decided to halve our position in e.on.

For three reasons:

Significantly fewer electric cars will be sold than forecast. This means that electricity consumption will also increase less rapidly.

The ECB's interest rate cuts should cause grid fees to fall again in the medium term.

$EOAN (-0.45%) has accounted for more than 10% of the weighting of our portfolios. Hence the partial sale now.

Of course, we will remain partially invested in Eon. We continue to believe that eon is a long-term beneficiary of the climate transition.

20.09

E ON

Sold x54 at €12.65

€683.10

40.71%

15 Comments

Max@bullish999

9Mon

Young boy. I've seen your portfolio. But it's best to cut it in half and just buy an MSCI World

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fiducation@fiducation

9Mon

@bullish999 Hi Max, the idea is to outperform the MSCI World with the portfolio, is difficult with a purchase 😄

By the way, we have succeeded in the last 4 years, this year it looks difficult.

If we don't succeed, it's not so bad, of course we also have the MSCI World in our non-public portfolios. If we succeed, all the better.

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beetlejuice@beetlejuice

9Mon

And thus also halved one of the 3 positive positions in your portfolio... what strategy are you pursuing?

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John@Transporter

9Mon

@beetlejuice Presumably they are betting on underperformers (with the hope of a turnaround)?

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devnerd_daddy@devnerd_daddy

9Mon

@beetlejuice With $BOSS I'm betting on a short squeeze, with $HFG on an IPO of parts of the company. It's just a tough gamble.

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fiducation@fiducation

9Mon

@beetlejuice buy value stocks in this portfolio that we believe are undervalued. For this reason, we also regularly sell positions in full or in part if we believe that they have too high a weighting in the portfolio or are worth too much in our view. The development in the portfolio does not correspond 1:1 with the actual development. For example, we bought Hugo Boss at €25 per share, sold it completely at €37 per share and bought it again to optimize tax payments. However, this was before we entered the portfolio into getquin.

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Boersen I.@Boersen-Info

9Mon

Electric cars will make a contribution. Demand for AI and data centers will be enormous

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fiducation@fiducation

9Mon

@Boersen-Info hence the partial sale. Unfortunately, probably not as quickly as originally forecast.

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Gomerdoc@Gomerdoc

9Mon

@Boersen-Info only these data centers are not located in Germany. And the demand for electric cars is massively overestimated. With total electrification of the entire car and truck fleet in Germany, the total electricity demand in Germany will only increase by just under 15 %

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CrashBurner@Psychedelic_Sunflower

9Mon

All in all, the home bias in the portfolio is quite a kick. I have rarely seen an allocation with so much German exposure.

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fiducation@fiducation

9Mon

@Psychedelic_Sunflower Most US equities were simply too expensive for us. But of course, there is a certain home bias. But we use it to offset our ETF investments to a certain extent.

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Christian@Christiano

9Mon

Purely from the tonality: Style like a family office or fund provider - somehow doesn't fit with your trading behavior

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fiducation@fiducation

9Mon

@Christiano We also invest more like a family office, long-term. Trading is rather the wrong term here.

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Alpalaka@Alpalaka

9Mon

Let profits run, limit losses.
Why don't you just set an SL?

Edit: is it actually possible to see your positions/your performance in the years in which you beat your benchmark?

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fiducation@fiducation

9Mon

@Alpalaka clear: https://www.instagram.com/p/C1r2CF4MVnp/?igsh=MWp3c2kyZDdlZTA5cQ==

SL would of course have been an option, but we wanted to have the cash now for possible acquisitions.

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