Hello to the GQ community ✌️

My first post after being kicked about 4 weeks ago - who would have thought that solidarity towards one of the members (@Klein-Anleger ) would lead to a ban so quickly? But the goodwill of getquin was so BIG (and above all "on trial") that they graciously let me back into the holy grail of the GQ community 😉

So guys, learn from my mistakes: the goodwill here is not an Infinite Money glitch ! Save your solidarity, reduce your commitment to other members to zero and the most important thing 🚨: No surreptitious advertising for alternative financial platforms like "Cisdord" 😉😂.

Sorry, the side blow after 4 weeks of abstinence had to be 🤝

so joking aside...

⏳The first three months of 2026 have passed. Time for a brief interim summary of the current status of my reconstruction.

Before I started rebuilding the portfolio, I naturally thought about what strategy I wanted to pursue in the coming months and years - especially with regard to stock selection and weighting.

To be honest, my original plan was to keep a portfolio with a maximum of 20 shares. In the course of time, however, I realized that it will probably not stay at 20 stocks, but that the number is more likely to increase to around 30 positions (+/-).

♟️Mein Focus & my strategy:

In a nutshell: The clear focus is on growth 🚀. Dividends tend to play a subordinate role. Here I show you my shopping list and what my portfolio should look like in the future. The stocks I have already bought are marked with a green tick and without a tick, I'm still waiting ⏳

🤖TECH:

• AMAZON $AMZN (+0,94%) ✅
• MICROSOFT $MSFT (+1,28%) ✅
• CROWDSTRIKE $CRWD (+0,98%) ✅
• SYNOPSYS $SNPS (+0,79%) ✅
• INTUIT $INTU (+1,18%) ✅
• CONSTELLATION SOFTWARE $CSU (+0,33%) ✅
• SERVICENOW $NOW (+0,96%) ✅
• ALPHABET $GOOGL (+1,05%)
• NVIDIA $NVDA (+0,58%)
• ASML $ASML (+1,27%)
• MONOLITHIC POWER SYSTEMS $MPWR (+0,25%)
• ARISTA NETWORKS $ANET (+0,32%)
• KEYENCE $6861 (+2,34%) ✅
• TSMC $2330
• MARUWA $5344 (-2,87%)
• LASERTEC CORP $6920

🏦💸FINANCE:

• SOFI TECHNOLGIES $SOFI (+1,23%) ✅
• S&P GLOBAL $SPGI (+1,64%) ✅
• VISA $V (+0,9%) ✅
• MUNICH RE $MUV2 (+1,41%) ✅
• GERMAN EXCHANGE $DB1 (+2,04%) ✅
• PARTNERS GROUP $PGHN (+0,7%) ✅
• BROOKFIELD CORP $BN (+0,29%) ✅
• HOULIHAN LOKEY $HLI (+0,85%) ✅
• BROADRIDGE $BR (+0,7%) ✅
• CBOE GLOBAL MARKETS $CBOE (+0,71%)

🏥🩻HEALTHCARE:

• NOVO NORDISK $NOVO B (-0,11%) ✅
• INTUITIVE SURGICAL $ISRG (+0,56%)
• STRYKER $SYK (+0,69%)
• BOSTON $BSX (+0,73%)

🏭🏗️INDUSTRIE & REST:

• WASTE MANAGEMENT $WM (+0,56%) ✅
• GRAB HOLDINGS $GRAB (+0,89%) ✅
• CINTAS $CTAS (+0,32%) ✅
• MonotaRO $3064 ✅
• ITOCHU $8001 (+0,09%) ✅
• HERMES $RMS (-1,04%) ✅
• MERCADOLIBRE $MELI (+0,58%) ✅

------------------------

this is my extended watchlist:

IN TECH:

RAMBUS $RMBS (-1,9%) , QNITY ELECTRONICS $Q (+1,05%) ,

INNODATA $INOD (+0,36%) , NETFLIX $NFLX (+0,04%) ,

VERTIV $VRT (-1,48%) , PALANTIR $PLTR (+1,04%) , VAT GROUP $VACN (+0,53%) , BROADCOM $AVGO (+0,64%)

FINANCE:

APOLLO GLOBAL $APO (+0,83%) / BLACKSTONE $BX (+0,39%) , ALLIANZ $ALV (+1,5%) , FIRSTCASH $FCFS (+0,82%) , BLACKROCK $BLK (+1,15%)

HEALTHCARE:

CATALYST PHARM $CPRX (+1,18%) , MERIT MEDICAL SYSTEMS $MMSI (+1,26%) , REGENERON PHARM $REGN (+0,8%) , UFP TECHNOLOGIES $UFPT (+0,89%) , WEST PHARM $WST (+0,77%)

REST:

MISUMI GROUP $9962 (+1,77%) , KANEMATSU $8020 (-2,81%) , APPLIED INDUSTRIAL TECH $AIT (+1,33%) , BADGER METER $BMI (+1,01%) , HUNTINGTON INGALLS INDUSTRIES $HII (+0,64%) , INSTULL BUILDING PRODUCTS $IBP (+0,44%) , CEMENT ROADSTONE HOLDING $CRH (+0,74%)

This is not yet my final stock selection/watchlist. Of course, there can always be changes, e.g. if the @Tenbagger2024 continues to present such undiscovered gems 🙏🏽🧐

------------------------

What should the sector/country weighting look like?

Let's start with the "desired"

🌍country weighting:

🇺🇸🇨🇦USA ~60%

🇪🇺EUROPA ~20%

🇯🇵JAPAN/ASIA ~15%

Rest ~5%

Sector weighting should be as follows:

💻TECHNOLOGY: ~30-35%

💸FINANCE: ~ 20-25%

HEALTHCARE: ~ 10-15%

🏭INDUSTRY: ~ 10-15%

REST: ~ 5-10%

So, what has happened since the beginning of the year?

Of course there were no sales 😬

There have been a few purchases where I have a finger in the pie.

JANUARY PURCHASES

$INTU (+1,18%)
$GRAB (+0,89%)
$NOW (+0,96%)
$MSFT (+1,28%)

FEBRUARY PURCHASES

$NOW (+0,96%)
$INTU (+1,18%)
$SPGI (+1,64%)
$SNPS (+0,79%)
$CSU (+0,33%)
$SOFI (+1,23%)
$CRWD (+0,98%)

MARCH PURCHASES

$MUV2 (+1,41%)
$3064
$8001 (+0,09%)
$6861 (+2,34%)
$DB1 (+2,04%)
$V (+0,9%)
$HLI (+0,85%)
$MSFT (+1,28%)
$CTAS (+0,32%)
$MELI (+0,58%)
$BN (+0,29%)
$PGHN (+0,7%)
$BR (+0,7%)

Due to the global political situation - especially because of this 🍊 in the White House, whose tweets cause more tsunamis 🌊than real natural disasters - and the current drawdown in the S&P 500 (which is very convenient for me right now and gives me a lot of pleasure 🤩), I am accordingly under water💦🫧 with some of my purchases so far.

but hey, we're investing for the long term, aren't we? So easy going, all relaxed 🥱 I will most likely not make any more purchases in the next few days or weeks, park my cash position elsewhere or put it in overnight money and wait and see which zone the market settles in or wait for it to stabilize.

What do you have on your watchlist?

Are you currently waiting or how are you dealing with the current situation?

@Get_Rich_or_Die_Tryin
@Tenbagger2024
@Max095 and of course all other members

Ok, that's enough now 😂

that's it from me for now ✌️

your stock master

$RMS (-1,04%) I would love to get my hands on this now, but I don't have any cash to hand.

It is currently at a very strong support zone, let's see if it holds.

Historically, Hermes looks cheap.

I would say it is one of the best companies in Europe.

Hello everyone

How are you all doing? I hope you are well! 😃

I'd be interested to know which stocks are currently on your watchlist?

I currently have the following stocks on my watchlist:

Financials:

$SOFI (+1,23%) (I think they would be a good addition to Visa in my portfolio. Thanks for your analysis @Klein-Anleger)

Industrials:

$SIE (+1,08%), $SU (-0,47%) & $SIKA (+0,34%) (I am still looking for 1-2 stocks in the industrial sector. Siemens looks quite interesting at the moment).

Consumer:

$MC (-0,16%), $OR (+0,85%), $CDI (+0,48%) & $RMS (-1,04%) (A consumer share is actually still missing in my portfolio. But I don't think it's a good idea to buy something now under duress).

Other interesting companies/ ETFs:

I would also like to have a commodity ETF (silver, uranium & rare earths) and an EM ETF in my portfolio. $NFLX (+0,04%) is also very interesting.

Most recently I have $BV0Z6G (+0%) and 250 $SHEL (+1,45%) shares. $NOVO B (-0,11%) I bought more at a bad time, but will remain invested and buy more if necessary. At $IREN (+0,22%) I bought 100 more shares today.

I wish you all a successful day!

Best regards

Chris

But how you do it on the stock market is wrong $RMS (-1,04%) 🙈 Never mind sitting out €300 in the red. Nevertheless, still a quality share, especially if held for the long term.

You can see whether it is now with this share or with others as soon as something is global with war everything goes down the drain but I still see it calmly until now sooner or later everything will get better again

When you talk about quality companies with structural growth, it's hard to avoid LVMH. For me, the Group is basically something like an actively managed ETF in the global luxury segment - only with real entrepreneurial leadership and a remarkable dividend history.

What makes LVMH special is the breadth of its portfolio. We're not talking about a single fashion brand here, but a diversified empire of fashion, leather goods, watches, jewelry, perfume, cosmetics and spirits.

The portfolio includes, among others:

• Louis Vuitton
  $MC (-0,16%)
• 
  Dior
  $CDI (+0,48%)

- Fendi

• Tiffany & Co.
• 
  Moët & Chandon
• 
  Hennessy

These brands have one thing in common: extreme pricing power. Anyone who believes that luxury is cyclical like normal retail is overlooking the crucial point - real luxury goods are status assets. And status rarely loses value, even if the economy fluctuates.

Structural growth instead of short-term hype

Prosperity in Asia continues to grow. The global upper-middle class is expanding. At the same time, luxury is becoming increasingly digital and global. LVMH is investing heavily in its own stores, brand staging and vertical integration - from production to the point of sale.

The result:

• High margins
• Strong cash flows
• Solid balance sheet
• Reliable dividend policy

And this in a business that has built up brand value over decades, which cannot simply be copied.

Dividend with substance

LVMH is not a high-yield stock, but the combination of growth and continuously rising dividends makes the share attractive in the long term. This is not a speculative story investment, but a global market leader with real substance.

Why I see it as a "luxury ETF"

Instead of valuing individual fashion brands or betting on trends, LVMH bundles numerous icons under one roof. Diversification within a premium segment - steered by a management that has proven for decades how to scale brands without diluting them.

For investors who:

• are looking for quality instead of a turnaround
• value global brand strength
• believe in rising prosperity
• like dividend growth

... LVMH is at least worth a closer look.

Not cheap, but quality has never been discounted.

$MC (-0,16%)
$LVMH
$LVMUY (+1,19%)
$CDI (+0,48%)
$RMS (-1,04%)
$1913 (+0,59%)
$MONC (+0,63%)

The military escalation between the USA, Israel and Iran is causing strong market movements worldwide. Investors are shifting out of cyclical sectors and into security, energy and defense.

_________________________

Bitcoin $BTC (-0,72%) shows surprising stability

• 📈 In the meantime +8,1 %
• 💰 Just over 70,000 dollars
• Stabilization at around 69,000 dollars

Despite geopolitical risks, Bitcoin is apparently being used as a liquidity parking lot in the short term. At the same time, volatility remains high - further escalations could trigger new spikes.

_________________________

🛢 Oil prices up significantly

• Brent: + just under 6 %
• WTI: + a good 5 %
• In the meantime even +13 %

According to the report, the USA is currently no release from the strategic oil reserve. The market is still considered to be supplied, but the situation remains tense.

_________________________

🏦 Banks under pressure

The European banking index loses around 3,5 % - sharpest decline since April 2025.

Particularly affected:

• HSBC - $HSBA (+1,52%)
• Barclays - $BARC (+2,62%)
• Standard Chartered - $STAN (+3,14%)
• Deutsche Bank - $DBK (+1,63%)
• BNP Paribas - $BNP (+1,24%)
• BBVA - $BBVA (+1,62%)
• Commerzbank - $CBK (+1,71%)

In the USA also weaker until the US opening:

• Bank of America - $BAC (+1,02%)
• Citigroup - $C (+1,78%)

Reason: Strong Middle East business of many institutions and general risk aversion of investors.

_________________________

✈️ Travel industry collapses

High oil prices and uncertainty weigh heavily on tourism stocks:

• TUI - $TUI1 (+0,31%) (-11 %)
• Lufthansa - $LHA (+0,46%) (-11 %)

Flights to the region are canceled, travel offers suspended. Investors fear rising costs and falling booking figures.

_________________________

💎 Luxury stocks clearly in the red

The European luxury index loses almost 4 %.

Strongly affected:

• Richemont - $CFR (+0,67%)
• Swatch - $UHR (+1,42%)
• LVMH - $MC (-0,16%)
• Hermès - $RMS (-1,04%)
• Kering - $KER (+1,01%)
• Brunello Cucinelli - $BC (+1,74%)
• Moncler - $MONC (+0,63%)
• Ferragamo - $SFER (+0%)

Background:

Luxury is heavily dependent on global travel. Capital flows out of cyclical stocks.

_________________________

🛡 Defense stocks as clear winners

Geopolitical tensions drive up defense stocks:

• BAE Systems - $BA. (+3,34%)
• Lockheed Martin - $LMT (+0,97%)
• RTX - $RTX (+0,8%)
• Kratos - $KTOS (+0,63%)
• Hensoldt - $HAG (+4,26%)
• Leonardo - $LDO (+2,49%)
• Renk - $R3NK (+2,97%)
• Rheinmetall - $RHM (+3,01%)

Partial price increases of 3-6 %.

The focus is particularly on missile defense systems and possible increases in defense budgets.

_________________________

🚢 Shipping companies benefit

Transport values increase due to detour (avoidance of Hormuz, Suez Canal & Bab al-Mandab):

• Maersk - $MAERSK A (-0,74%)
• Hapag-Lloyd - $HLAG (+1,49%)
• Torm - $TRMD A (+0,5%)
• Frontline - $FRO (+1,56%)
• Hoegh Autoliners $HAUTO (+1%)

Reason: Shortage of transport capacity and speculation on rising freight rates.

_________________________

🥇 Gold in demand

• Gold price: +2,5 %

Profiteers in mining stocks:

• Evolution Mining - $EVN (+1,11%)
• Northern Star - $NST (+2,65%)

The sector has been showing relative strength for several days.

$4GLD (+0,69%)
$GOLD
$GOLD (+5,31%)

_________________________

📊 Market logic clearly recognizable

Winner:

🛡 Armaments

🚢 Shipping companies

🥇 Gold

₿ Bitcoin (short-term)

Losers:

🏦 Banks

✈️ Travel

💎 Luxury

_________________________

🔎 Conclusion

The market reaction follows the classic pattern of geopolitical crises:

• Risk is reduced
• Capital seeks security
• Energy prices rise
• Defense stocks benefit

The decisive factor remains whether the situation eases diplomatically - or escalates further.

_________________________

Source:

Reuters: Anleger greifen bei Bitcoin als "Fluchtvehikel" zu (Via TradingView)

February was a challenging and volatile month.

A strong start to the year was followed by a significant sector-rotationtriggered by risk-off-flowsa reassessment of growth stocks and the need to consistently address operational weaknesses in the portfolio.

Despite the volatility, it was a month of strategic realignment:

📊 Monthly performance: -3,15%

📊 Portfolio value: ~39.144 €

📊 Performance max: +27,58%

📊 Performance YTD: -1,32%

Performance & comparison 🚀

February was characterized by a clear sector rotation:

Software & high-beta tech corrected under pressure, while selected hardware stocks and broadly diversified value stocks showed relative stability.

Performance in comparison (01.02-28.02.2026):

My portfolio: -3,48%

NASDAQ 100: -4,05%

S&P 500: -1,29%

DAX: +1,03%

FTSE All-World: +0,97%

👉 The relative underperformance is due to the high growth exposure, although the portfolio just managed to outperform the NASDAQ 100, which was under heavy pressure.

Purchases, sales & allocation 💶

The focus in February was clearly on portfolio streamlining and strategic shift:

Acquisitions 💰

Hermes ($RMS (-1,04%)) targeted expansion in the quality segment. TSMC ($2330) tactical entry due to the observed shift on the stock market from software to hardware. Bitcoin ($BTC (-0,72%)) - purchase of € 500 from the Euro Overnight Rate Swap ETF ($XEON (-0,05%)) at € 54,216 to lower the average price to € 63,000.

Sales ❌

Complete separation of Tomra Systems ($TOM (+0,98%)) and Novo Nordisk ($NOVO B (-0,11%)), as the companies have been operationally disappointing in recent quarters and there were no clear signs of a turnaround from management.

👉 The cash ratio is currently being used dynamically for opportunities through targeted acquisitions.

Top movers in February 🟢

Despite the market environment, February was driven by quality stocks and successful rebounds.

The strongest performer was Keyence ($6861 (+2,34%)), which showed massive relative strength with +16.21%. Another strong performer was Ferrari ($RACE (+0,14%)) was also strong with +13.45%, followed by Berkshire Hathaway ($BRK.B (+0,38%)), which acted as a stable anchor with +6.22%.

The iShares MSCI World Small Cap ($WSML (+0,65%)) gained +3.61%, while the iShares MSCI ACWI ($ACWI) formed a solid base with +0.70%. The Xtrackers II EUR Overnight Rate ($XEON (-0,05%)) rounded off the picture with +0.15% and served as a source for the Bitcoin investment.

Flop movers in February 🔴

The weaker side of the portfolio was clearly to be found in the growth and crypto segment.

IREN ($IREN (+0,22%)) corrected by -24.10% after the strong previous month. Also Mercado Libre ($MELI (+0,58%)) also came under significant pressure at -17.33%. CrowdStrike ($CRWD (+0,98%)) -16.94% and Snowflake ($SNOW (+0,84%)) -16.36% suffered from the general shift in sentiment in the software sector.

Also Alibaba ($BABA (-0,28%)) also gave back the gains of the previous month with -16.02%. Nubank ($NU (+0,62%)) rounded off the list of losers with -15.90% due to the poor sentiment among payment providers.

👉 Important: These are primarily valuation and sentiment moves, not fundamental breaks - nevertheless, the lack of operational momentum made it necessary to sell positions.

Conclusion 💡

February was not an easy month, but a necessary for rebalancing:

➡️ Strategic separation of stocks without operational momentum

➡️ Focus shiftFrom software/high growth to hardware (TSMC) and focus on quality (Hermes)

➡️ Volatility deliberately used to lower the average Bitcoin price

The environment remains challenging:

Interest rates, Fed expectations and the rotation into hardware stocks will continue to shape the markets in March. The focus remains on quality, operational excellence and liquidity.

❓ Question for the community

Which stock surprised you the most in February - positively or negatively?

👇 Write it in the comments!

$PANW (+1,27%)

$CRWD (+0,98%)

$NFLX (+0,04%)

$TMO (+0,56%)

$MELI (+0,58%)

$TXRH (+0,05%)

$RMS (-1,04%)

I'll be hitting somewhere around here next month, have a successful trading week everyone!

Hermès ($RMS (-1,04%)) is not a classic fashion tradebut a structural bet on the top 0.1% of the world's population and their unwavering purchasing power.

Luxury is just the cover here. The real value comes from extreme scarcity, vertical integration and uncompromising pricing power.

Quality instead of quantity, craftsmanship instead of marketing, desirability instead of discount battles.

⚙️ What does Hermès do?

➡️ Leather goods & saddlery (core business):

The heart of the Group accounts for around 50% of sales. Hermès controls the entire chain - from its own tannery to the finished bag. → Excellence + heritage + highest margins.

➡️ Vertical integration:

Total control over the supply chain. Hermès owns its factories and trains its own craftsmen. No outsourcing, no compromises. → structural moat through operational self-sufficiency.

➡️ Artificial scarcity (unique selling point):

Demand for icons such as the Birkin or Kelly Bag permanently exceeds supply. Waiting lists of several years are not a bug, but a feature. → maximum value retention + guaranteed sales security.

➡️ Pricing power:

Hermès dictates the prices. The loyal core customer base (UHNWI) accepts increases far above the inflation rate without changing their purchasing behavior. → Highly scalable profit leverage.

➡️ Diversification:

Strong expansion into ready-to-wear, jewelry, home accessories and beauty. These divisions leverage brand prestige for additional growth. → Strategic expansion of the ecosystem.

👉 Hermès = The "indestructible" luxury infrastructure platform.

📊 Figures & growth (Q4 2025)

📈 Turnover Q4:

~€4.1 billion (+10% organic growth) → significant outperformance compared to analyst estimates (8.2%).

📊 Annual sales 2025:

Breaking the € 16 billion mark for the first time (+9% adjusted for currency effects).

📈 Profitability:

Record margin (EBIT) of 41% → an absolute peak value in the entire sector and beyond.

👥 Regional strength:

All regions show double-digit growth (Japan +14%, America +12%, Europe +11%). → Total resilience to local economic weaknesses (e.g. China).

💳 Pricing power:

Increases of 5-6% already announced for 2026. → Direct margin protection against inflationary costs.

Conclusion:

Hermès delivers "Perfection" in numbers. While competitors struggle, Hermès scales through price and unchallenged desirability.

🟢 The opportunities

🟢 Resilience of the target group:

The ultra-rich save last on luxury handbags. The business model is virtually immune to classic recession cycles.

🟢 Production expansion as a guarantee for growth:

Continuous opening of new leather factories (24th factory in 2025) meets the enormous demand in a controlled and organic manner.

🟢 Beauty & Skincare as a margin lever:

Entry into the high-end skincare market from 2026 offers new, highly scalable potential with extreme gross margins.

🟢 Resale value as an asset class:

Hermès bags are considered a more stable investment than gold. This massively supports primary market demand as an "investment substitute".

🔴 The risks

⚠️ Sports assessment:

With a P/E ratio of ~49 (February 2026), "perfection" is priced in. The share is not forgiving of operational mistakes.

⚠️ Currency headwinds:

As a global player, Hermès reacts sensitively to a strong euro, which can dampen nominal growth in the short term.

⚠️ Leather goods cluster risk:

50 % sales dependency on one segment. A change in trend for core models would be a structural risk.

⚠️ Geopolitical dependency:

Trade conflicts or luxury taxes in key markets (USA/China) could slow down momentum.

💡 Conclusion & outlook

Hermès is not a short-term fashion tradebut a structural bet on the global concentration of wealth.

🔹 Short term:

Sensitive to valuation levels, currency effects & market sentiment towards quality stocks.

🔹 Long-term:

ROI machine with a deep cultural moat, extreme pricing power and growing profitability on its own.

🎯 Investment case:

Leverage on artificial scarcity + pricing power + capacity expansion + ultra-luxury resilience → Structurally value-enhancing, operationally highly profitable, the gold standard for the portfolio in the long term.

💬 Community question:

👉 The ultimate "safe haven" with an unrivaled moat

or

👉 simply too expensive for an entry at this P/E ratio?

I am curious about your assessment 👇