We feel like a BUYER on the markets.
“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger
MDAX (ISIN: DE0008467416)MDAX is a German stock indexMarket: Frankfurt
Gain over the quarter: +5.8 %
Fair value: 23500 pts
Over-priced
Average yearly return: 17.5%
Outperforming index
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