JuniorDepot23 – COVID Crash impacts Elle’s Portfolio but not her Optimism

Unfortunately we (i.e. I) have misestimated the Corona-Virus impact. Elle's portfolio experiences a severe drawdown. Still we are happy that it happened in the beginning (rather than in the end) of our savings plan.
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HBecker schlägt Einstein – Risikomanagement zahlt sich aus!

Vor einigen Jahren habe ich die Performance von den besten Wikifolio Tradern Einstein und HBecker analysiert. Mein Verdikt war beide sind besser... und obwohl HBecker (damals) N2 war, wäre er für viele Investoren doch attraktiver im Sinne der risikoadjustierten Performance.
Continue reading "HBecker schlägt Einstein – Risikomanagement zahlt sich aus!"

JuniorDepot22 – Portfolio Down (a bit) but Mood Up

Having lost the option to invest in ETCs and inverse ETFs, Elle is forced to concentrate on the stockpicking. So far, the result is (a bit) negative but we are quite optimistic for the long run. Continue reading "JuniorDepot22 – Portfolio Down (a bit) but Mood Up"

JuniorDepot21 – Annual Goal for 2019 is Slightly Missed due to Operational Risk

Elle, a 9-year old girl, intended to make at least €220 profit to the end of 2019. She made "only" €215.31 due to an operational mistake, caused by the interface re-design by her broker DeGiro. Continue reading "JuniorDepot21 – Annual Goal for 2019 is Slightly Missed due to Operational Risk"

4. Münchener Tischgespräch von DSW – drei interessante Präsentationen

Auf 4. Münchener Tischgespräch, organisiert am 05.12.2019 vom Deutschen Schutzverein für Wertpapierbesitz e.V. (DSW), hatte ich die Gelegenheit, drei interessante Vorträge von Fraport (ETR:FRA), Biofrontera(NASD:BFRA) und Deutscher Post(ETR:DPW) zu hören. Obwohl ich der quantitative Investor bin, also schaue ich eher auf die Zahlen als auf die Stories, fand ich die Information sehr interessant. Darüber hinaus war es keine Massenveranstaltung, sondern wirklich ein Tischgespräch im engeren Kreis.
Prof. Dr. Roland Klose - Director Investment Education, DSW Continue reading "4. Münchener Tischgespräch von DSW – drei interessante Präsentationen"

Teuro Phänomen 2001-2005: War die gefühlte Inflation wirklich falsch? – Eine echte Herausforderung für den Data Scientiest

Wir versuchen das Teuro Phänomen statistisch zu untersuchen und konfrontieren mangelnde und teilweise widersprüchliche Quelldaten. Zwar können wir wegen Datenmangels das Phänomen nicht direkt statistisch nachweisen, spricht die Metaanalysis (also Analyse von zum Thema durchgeführten Studien) eindeutig dafür, das es Teuro doch gab (wenn auch hat sich nicht so offensichtlich ausgeprägt). Continue reading "Teuro Phänomen 2001-2005: War die gefühlte Inflation wirklich falsch? – Eine echte Herausforderung für den Data Scientiest"

JuniorDepot20 – Second Intermediate Goal is [Almost] Reached

Elle, a nine years old girl, who manages her wealth with our help, has hit (ahead of time) her target for the 2nd year: to earn at least 220 EUR.
In future she has to alter her investing strategy a little bit since on the one hand her broker DeGiro introduces flat-fee trading with American stocks but on the other hand will compensate the negative rates only upto 2500 EUR cash.
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JuniorDepot19 – Excellent Performance Despite The Market Dip

Elle, a eight nine years old girl has reached an excellent investment result in August 2019 despite the market dip. Discipline, diversification and of course some luck were ingredients of her success. Continue reading "JuniorDepot19 – Excellent Performance Despite The Market Dip"

JuniorDepot18 – Hedging Profit by a Long-Short Lock-in

During a high-turbulence market regime it often makes sense to fix the profit quickly. However, Elle's broker DeGiro provides fee-free trades with the following ETFs only once per months. Elle's trading capital is relatively small so far (€2165), thus paying €2 trading fee shall be avoided whenever possible. So I taught her to lock the profit in long position by means of the respective inverse ETF! Continue reading "JuniorDepot18 – Hedging Profit by a Long-Short Lock-in"

JuniorDepot17 – Fixing Profit for a while

Elle continues growing her wealth, reaching the CAGR of 11.50%. Now she is to learn that keeping a good pace in the long run implies making pauses. Due to political risks and economic concerns in Europe we have, so far, closed all positions in Elle's portfolio.
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