Investments and personal finance

Home: Welcome

My view on what's going on in the financial markets and the global economy, and a few other things that might interest me from time to time.

tim@emorningcoffee.com

Oct 99 min read

Portfolio update: 3Q2024

This is the update of my personal portfolio for the most recent quarter ended September 30, 2024.

tim@emorningcoffee.com

Jul 248 min read

Portfolio update: 1H2024

This is an update of my personal portfolio performance in 2Q2024 and 1H2024, good on the surface but worse than the indices would suggest.

tim@emorningcoffee.com

May 214 min read

Is fine wine a good investment?

The 2024 en primeur campaign for Bordeaux is just starting. But is fine wine really a good investment? I don't think so anymore.

tim@emorningcoffee.com

Apr 108 min read

Portfolio update: 1Q2024

This is an update about my personal portfolio during and at the end of 1Q2024. It also discusses performance which I consider disappointing.

tim@emorningcoffee.com

Mar 188 min read

Anti-obesity medications: part 3, valuations of LLY and NVO

This is the 3rd and final article focused on anti-obesity drugs. It looks at valuations of shares of the two giants in this biz, LLY & NVO.

tim@emorningcoffee.com

Mar 147 min read

Anti-obesity medications part 2: the duopoly of Eli Lilly and Novo Nordisk

Eli Lilly (LLY) and Novo Nordisk (NVO) have been large players for decades in the market for diabetes medications and are currently...

tim@emorningcoffee.com

Mar 127 min read

Anti-obesity medications part 1: the market for anti-obesity drugs

This article is being published in instalments, of which this is the first, for context. INTRODUCTION Two macrotrends have been drivers...

tim@emorningcoffee.com

Mar 54 min read

Revisiting gold as an asset class

This is a guest post about gold, penned by online investment firm BullionVault. Gold has just pierced $2,100/oz, reaching a record high.

tim@emorningcoffee.com

Feb 279 min read

Berkshire Hathaway: 2023 results and the path forward

Berkshire Hathaway released its FY earnings on Sat. As always, there are plenty of juicy nuggets to digest.

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