We Are Facing One of the Biggest Bubbles in History
Investing Myths Busted: What YouTube Isn't Telling You
As all of you who have been following us for a long time well know, we are not the kind of writers who sell stratospheric returns or claim to have an investment strategy where risk is not controlled. We are investors who dedicate themselves to sharing their opinion at all times.
Therefore, we have been sharing our portfolio for almost three years. Every single year, we have outperformed the index by at least 10% (taking the S&P 500 as the reference index).
We have achieved this by minimizing risk and following a strategy very similar to the one proposed by Nassim Taleb, where we have the majority of our assets in very low-risk assets, and we have a part of our portfolio in very high-risk assets where we benefit not only from market rises but even more so from falls.
For just over a year now, we have been bullish. We believe the liquidity cycle is in our favor, and this has led us to very good results.
But we believe that all this euphoria in the market today is going to turn into one of the biggest crises we have seen in history.
The president of the Federal Reserve shared his vision a month ago, saying that the FED had made some poor decisions and that we were indebting our children.
Oh, we hadn't mentioned that before.
We live totally biased by a bubble that began in 2009 and that has provided very good returns, but it's not always like this.
If you want, I can remind you of the 4,600 days of wandering through the desert of the 2000s. 13 years, which is quickly said.
This can lead to a poorly managed portfolio causing a surgeon who is about to retire to have to work nights at 70 years old. Quite sad.
In 1972, we also had a period of 3,500 days without positive returns.
And not to mention the 9,162 days of the year 1929…
Without a doubt, the markets are very dangerous, even if YouTube and Instagram make you think otherwise.
History is going to repeat itself, and not knowing how to manage your finances will make you lose a lot of money and will make you lose the one thing that cannot be bought, time.
Our portfolio continues to give totally impressive returns. It is the eighth week with a positive performance and almost 30% in just two months. All this with a large part of the portfolio invested in very low risk assets that are responsible for giving us passive income. Today, like every Sunday, we give you more details about the positions.
