Cosy Vacation Home on the Lake of Constance

For members of the Bernstein investment community we offer preferred rental rates for a vacation home on the German side of the Lake of Constance, situated in the picturesque village of Wangen/Öhningen.   Location   Wangen is a small community with about 1,000 inhabitants with various restaurants, hotels and a beach club. You can rent […]

Bernstein Long-Term Trends: (3) Erosion of Government

A good day everybody:   Yesterday was Election Day for the European Parliament. It is still a more symbolic institution with limited rights. But given its low significance, voters express their real views more openly compared to national elections. So the results were extreme. Green parties are a clear winner. Mainstream got hammered everywhere. The […]

Ten Questions and Answers on Crypto Currencies | Newsletter One

Dear reader:   We are happy to present you herewith the first issue of our newsletter (downloadable version). We publish the newsletter in (mainly) monthly intervals to address specific topics which we think could (and should) be of interest to you. They are always somewhat related to our core investment principles set out in “The […]

Bernstein – Long-Term Trends

It is neither possible nor advisable to shift through millions of news items every day in order to determine or to adjust your investment strategy. Reacting to the unpredictable swings of the market isn’t advisable either. It is just the wrong information diet. The key is to identify and invest in profitable companies with a […]

The 2019 Berkshire Hathaway Shareholder Meeting

Just to put the record straight. We did not attend the meeting in person. But thanks to Yahoo Finance we were able to get ample coverage in real time.   Mr. Buffett and Mr. Munger are smart people, I mean very smart people. They started the lengthy Q&A session slow. I thought, gosh, these guys […]