US equities continued their rally in August, the S&P 500 gained another 7% after the +5.6% in July, this is the best monthly performance since April. The Dividend Aristocrats ended this month up 4% after 5.13% in July. The investors were more optimistic after the Fed stimulus and a shift in policy to average inflation…
Our International Dividend Portfolio gained 5.76% in US$ and 5.23% in € in August. Year-to-date the performance is finally in the plus and is now 2.67% in US$ for the International Dividend Portfolio. Performance Since its inception in 2009, the portfolio has returned 302% in US$ and 374% in €, excluding reinvesting dividends. Last month’s…
The cloud-based data-warehousing company Snowflake IPO will trade next week under the ticker SNOW. The IPO includes commitments from Buffett’s Berkshire Hathaway (BRKB) and Salesforce Ventures part of Salesforce(CRM) . Berkshire will buy $570 million worth of shares in Snowflake. Participating in an initial public offering is an unusual step for Buffett since the normal…