14th Anniversery of Worth & Alternative Weblog

Yearly on December fifteenth, the weblog celebrates one other anniversary, as a result of on that day in December 2010, the weblog went dwell for the primary time.

As all the time there will likely be a separate efficiency portfolio overview at first of January.  After a brief break, I needed to do a brand new “Panic Collection” submit as a result of results of the US election.

With the fairly “blended” efficiency of my portfolio this yr and the numerous headwinds, the motivation to put in writing clearly has suffered slightly bit, however having seen these conditions earlier than, after all I’ll proceed to weblog with the clear aim to change into the longest operating monetary weblog on the planet. Within the subcategory of non-paywal monetary blogs with a clear funding portfolio, I might guess there aren’t many challengers.

A really fascinating growth is the present proliferation of funding blogs particularly on Substack, nonetheless many of those blogs go behind a paywall after one or two years. On the one hand, I can perceive this, as many of those writers are fairly younger and need to make a dwelling on that. Then again, it will likely be fascinating to see how lengthy many of those bold writers survive, particularly if markets flip actually dangerous for an extended interval or their particular model of investing seems of favor (which in some unspecified time in the future in time ALWAYS occurs).

I additionally assume that writing in an effort to dwell from subscriptions shouldn’t be all the time 100% aligned with really creating worth for readers. However I want luck to all of them.

Once more, an enormous thanks to all readers, particularly those that contribute (and inspire me) by way of constructive feedback however after all additionally to all of the silent readers. A few of them stepped up throughout a fairly nasty dialogue across the Ocean Wilson particular state of affairs, which I apreciated quite a bit.

The highest 10 posts in 2024 have been the next:

1. My 22 (+1) investments for 2024
2. Eurokai KGaA (ISIN DE0005706535) – Enjoying the “Time arbitrage sport” with the probably least expensive Port Inventory within the World
3. The German Mittelstand is perhaps Down however not Out: Hermle AG – Hidden Automation Champion from the “Ländle”
4. Amadeus Fireplace AG (AAD.GR) – Come on and rock me Amadeus !!!
5. STEF S.A. (ISIN FR0000064271) – An “Ice Chilly” High quality Compounder at a “bonkers discount” worth
6. EVS Broadcast SA – A Hidden World Champion “Breaking free from the Van” with Software program & AI at a Cut price Worth
7. Efficiency overview 6M 2024 – Remark: “How are you aware in case your horse is useless ?”
8. Samse Group (ISIN FR0000060071) – A Hidden French Compounder that’s as thrilling as watching Paint dry ?
9. Fuchs SE (FPE) – A Hidden Champion “Greased for Development” after a ten yr consolidation part ?
10. Efficiency overview 9M 2024 – Remark: “Methods to prepare persistence in periods of underperformance”

Running a blog highlights 2024:

To this point, in 2024 I managed to submit solely 53 instances, which is once more lower than in 2023. As will be seen within the High 10 listing, deep dive inventory write-ups and portfolio evaluations appear to be the most well-liked posts. Nevertheless they’re additionally clearly probably the most work intensive ones.

I managed to complete the all Belgian Shares sequence. I’m at present considering what to do subsequent. Perhaps I’ll do one thing extra regional or give attention to a sector to maintain issues fascinating for me.

Statistics:

General, views are at round 280k for this yr, which is similar to 2023. This quantity correlates with the exercise, so no shock right here that with fewer posts, the quantity doesn’t go up. Nevertheless, the Substack which I run parallel (with 1:1 posts) has reached round 30k views, so general views are up principally because of Substack. I’m really shocked that also so many popele are involved in these type of shares.

The ability of Substack (and why most likley most monetary blogs are created there) is clearly the “suggestion engine” which is sort of highly effective.

Subscriber numbers are rising slowly over time, on each platforms round 4000 subscibers faux to be involved in my stuff.

In final yr’s anniversery submit, readers identified just a few different “old style” bloggers which might be stil round akin to:

Crossing Wall Avenue (since 2005)

Rational Stroll (since 2009)

Reminiscences of a Stockblogger (since 2011)

Alpha Vulture (since 2011)

The Brooklyn investor (Since 2011, now fairly irregular)

Mr. Market miscalculates (since 2012)

Twitter:

I nonetheless submit on Twitter, however it has change into extra annoying. I just lately found that I had really created a Bluesky account and I’m at present trying out what’s occurring over there. For some purpose, I had already like 330 followers over there.

The yr forward

Going into yr 15, the most important aim is after all to maintain up the frequency and full a brand new “All inventory” sequence. Apart from that I don’t have any particular objectives.

Bonus Observe:

That is the music for all fellow struggling European small cap traders and old style “content material creators” on the market:
Don’t cease believin’