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 […]

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 […]

Private Banking Fees in 2015 – Neue Zürcher Zeitung

A very good article that we found in Neue Zürcher Zeitung. It illustrates how much fees actually eat up the performance of your investments. Since the original graph is based on Swiss Francs, we have modified it to be in percentages. One of the main features that we are determined to deliver to the Investors […]

LT GDP Growth, billionaires

Dear Investors, A good article from Forbes: LT GDP growth around 3% p.a. – compounding creating many new billionaires – be optimist. Read here and find other articles in our external links section. Yours sincerely, Bernstein Trust +