Regel Nr. 1: Kein Geld verlieren

Rule 1 means: Don’t lose money. In order to achieve that, 1 $ (or €) should only be paid with 50%, as 50 Cent. These wonderful stocks with a very reasonable price are to be found by continuously evaluating different key indicators. These should be essentially: Return on invested capital, earnings per stock, revenue development, the development of the book value per stock and the development of free cash flow, the company’s position in the market and the quality of management. I get this information via the Internet and screening systems. These stocks are to be bought when the market makes a very good offer. The objective should be to sell these (in my opinion) very good but undervalued stocks later at their fair value. The average holding period of the positions can range from short term to long term.