florian homm + moritz hessel: principles of wealth

florian homm + moritz hessel: prinzipien des wohlstands, published in april 2022 is the newest book by florian homm, the famous german ex-hedge fund manager & ex-billionaire & ex-prisoner & ex-peter lynch student/colleague & ex-harvard business school graduate & ex-basketball player & so on 😇 

source of the two book pictures here

i liked already florian homm's book endspiel, published in 2016. of course, i also watch his youtube videos on the current financial and social issues from time to time ... well, i got already used to his swanky (großkotzig) style, so i can concentrate on the content now 😃. i think he is somehow honest and willing not only to sell his charged newsletters + trading courses + books + financial advice, but also willing to pass some valuable information to his listeners / subscribers, doesn't he?

as florian homm will most likely never ever be allowed to lead a investment fund (just read his bio on wikipedia), i've decided to invest some money in the managed account @ CapTrader brokers led by moritz hessel. good luck with my money 💵, dear mortiz + florian🍀

how are they doing so far? well, after 4-6 weeks as the markets are plummeting is my total amount down by some 3 - 4 %. hell, i was in the hurry to set-up the account for these short-seller-professionals, as i've seen the markets are heading down ... but nope ... their portfolio of maybe 50 - 100 mostly american stock positions is down, even if probably 1/3 of the positions are short and 2/3 long .... they are long google, amazon, bayer, gold + resources companies ... and on the short side you will find apple, (my employer) BMW, ... of course, i can't say now how often and how fast do they switch their positions ... i will see and i plan to post here a performance update in 1 year. the corresponding notification in my google calendar is already set for the 10.10.2024, you know? 😄

few topics in this nice + easy to read investment book:

• (their) investment philosophy
• (their) investment style
• total return concept
• market crash + short selling
• behavior of asset classes / investment categories in different cycles (inflation / deflation / stagflation)
• many, many investment strategies
• chances - risks - ratio
• evaluation of investments, fundamental analysis, economic research, evaluation methods
• stock price indicators & KPIs
• portfolio management
• success and fulfillment
• do what you do really good and with pleasure
• positive psychology (wiki) + PERMA by prof. martin seligman
  

source wiki

any final conclusion? interesting stuff served in a easy to read and quite easy to digest way. a lot to learn & undestand, many different trading & investing set-ups ... it seems to be possible to implement few of them which would fit to my investment style even if it requires hard work as there is a lot of research / market and company analysis needed ... sounds like i would come back to this book and to investing approach when i will work less in my regular job and concentrate more on investments 😊

3 circles video (youtube, january 2020, in german):

florian homm + moritz hessel: principles of wealth (prinzipien des wohlstands)

my 1st florian homm book was florian homm - endspiel, published in 2016.

he looked much, much younger in 2016, didn't he? 😇

endspiel (end game) ~ florian homm

was für ein tolles buch vom deutschen ex-bankster & hedge fonds manager mit kurioser lebensgeschichte FLORIAN HOMM, der die aktuelle lage auf den finanzmärkten und in der gesellschaft analysiert und den lesern ratschläge zum überleben gibt ...

florian homm's book endspiel

ich habe länger nachgedacht, was alles ich für euch 'aufbereiten' soll und dann habe ich zufällig ein schönes 12 min youtube-video gefunden :-).
vielleicht nur so viel: die finanzmafia repräsentiert durch zentralbanken, politik, massenmedien & co. will uns ausrauben und versklaven => höchste ZEIT UNS zu WEHREN, STIMMT'S?

und wer sich das buch gleich bestellen möchte, kann es u.u. hier tun, dann sehe ich zumindest, ob mein amazon-partner-account überhaupt funktioniert 😄

eof