Obermatt stock portfolio
We buy the stocks we discuss
Obermatt CEO Dr. Hermann J. Stern is saving for his retirement by investing in stocks, which he found in the Obermatt Top 10 stock lists. You can track his stock purchases on our investing insights blog every week. These stock purchases are not recommendations. They are provided for instruction purposes so that you can make your own stock investment decisions. The latest performance of Stern's portfolio of all his stock investment decisions can be found here:
Last updated on July 10, 2023. The status of the Obermatt portfolios is updated once a year in January. We recommend that you do this rarely for your own portfolio, too. Frequently looking at portfolio values may mislead you.
Every currency shows a different performance picture
The Obermatt portfolio performance was calculated in Swiss Francs. If you use a different currency for exactly the same payment flows (deposits and withdrawals) and the reporting of the portfolio value with profits and losses, the picture is usually different. In Euros, British Pounds and US Dollars, 2018 was still slightly negative, while it was already positive in Swiss francs (above, showing a small profit):
The fact that every portfolio can look slightly different in a different currency, or quite different in the case of major changes in exchange rates, is a good illustration of the limited informative value of historical returns. Depending on the currency chosen, the exact same stocks and cash holdings suddenly look different. This is one of the reasons why historical returns are of little use as investment performance information.