German live stock discussion of July 7, 2020: Obermatt CEO Hermann Stern zooms with jazz pianist and Obermatt Premium Subscribers about experiences in investing in Europe, Asia, and technology stocks. Option strategies are also discussed and Hermann explains why he simply cannot believe in them at all. The same applies to long-term investments via Wikifolio, in his opinion not to be recommended either. Finally, the Obermatt CEO suggests buying the British insurance company Aviva, whose shares he then buys himself. The reason is the growing uncertainty, which may translate into higher insurance revenues. Since Aviva shares are cheap today, the purchase should be worthwhile in the long run.
July 17, 2020