Month: Dezember 2013

Why we blog and what we do – Happy New Year!

First of all a big thank you to all readers of the year 2013! We received many emails with questions about what we are doing and why, therefore we think that we should answer a few of them in public.   What is the goal of this blog? Our goal is to find quality businesses […]

Reading Recommendations / Comments Section Working

First off, our comment section is working again after we resolved a plugin conflict. We are very glad to get feedback and thoughts on our work and are happy to respond. Secondly and once again, we want to share some of the best articles that we have encountered over the last time with you: On patterns […]

Sto Valuation part 2

Review Today I would like to give you an update and final valuation of our Sto AG analysis. Last time we wrote that: “We can see that Sto AG is benefitting strongly from the trend towards renovating building facades with a view to saving energy and the new laws which implies new energy standards for […]

WHAT’S BEHIND THE NUMBERS: Book Review

Today we want to take a look at one of the latest books that we have read, namely “What’s behind the Numbers; A Guide to Exposing Financial Chicanery and Avoiding Huge Losses in your Portfolio” which is written by John Del Vecchio and Tom Jacobs. The book is around 265 pages long, well written in […]

Reading Recommendations and ShortUpdate Hornbach

In the last few days we have seen a really interesting development for Hornbach which is one of our holdings. In our analysis we had written that we assume that Praktiker will go bankrupt and the Sales of the Praktiker stores will be divided (in three different scenarios) under the main competitors. At this time […]