Re: "DeepSeek" - China AI App Shakes Up Tech Markets

On 2025-01-30, The Natural Philosopher <tnp@invalid.invalid> wrote:

...   I have in my portfolio anything that is *managed by someone else*,
that has shown consistent growth over the last few years.

 
On 30/01/2025 13:44, Lars Poulsen wrote:

TNP, what do you mean by "managed by someone else"?
Not managed by you? Not managed by an investor-appointed board?

 
On 2025-01-30, The Natural Philosopher <tnp@invalid.invalid> wrote:

I mean these days I invest in managed funds, not stocks shares and bonds
directly.

My research says that index funds on the whole perform on a par with
most managed funds. Which I learned from Warren Buffett many years ago.

If you were a funds manager who could reliably beat the market, wouldn't
you spend your time managing your own investments rather than thos of
other people?

The only "individual stock" I hold is Berkshire Hathaway, but that is
really more of an exchange traded managed investment fund. And it has
done slightly better than SP500, butt not by a lot, and it probably will
get worse than that once Warren retires or dies.

Curiously physical gold is over time a very good hedge against inflation.
>
£10,000 purchased by someone I know in 2005 seems to be worth about
£80,000 now...

That's 11% annual yield. Good, but nbot amazing.