Welcome to Global Equity Briefing!
One man's journey through the depths of the stock market ocean!
My name is Ray Myers, and this is Global Equity Briefing my newsletter about companies, finance, and investing.
Let me tell you a little bit about myself
I am a 28-year-old finance graduate living in the Netherlands. Currently, I work as a Treasury Analyst for a large service company in Amsterdam. I moved here from Latvia to study Finance and grew quite fond of the country and decided to stay.
Since childhood, I have always shown interest in finance. In elementary school my friends nicknamed me “Budget”, because I was always talking about how that movie made $500 million at the box office and the budget was only $40 million or whatever, how another video game made $200 million, and so on. In 10th grade, I choose to write a project in economics about the Latvian pension system and the performance of various pension funds.
As you can imagine the performance of these funds was not spectacular while fees were significant. Since then I have learned a lot, but I am cognisant that there is so much yet to be learned. It has also become apparent that often it’s not the person who knows the most that succeeds, but the person that applies the knowledge they have.
My investing journey
I started investing while still in university. My accounting teacher always used to joke that students don’t have cash inflows, just outflows. I think all of us can relate to this statement, so it is obvious that my budget was limited, whilst my motivation and interest were not. My investing strategy was simple, I would just buy hype stocks and follow Wall Street analyst price targets. I quickly realized that there is no faster way to lose money than trying to jump the hype train. Since then I discovered the pain of loss and the joy of gains.
There is something magical about learning all the ins and outs of a company and realizing that Mr.Market is wrong and that the only thing standing between you and gains is patience. I believe when asked why no one copies his strategy Warren Buffet replied “No one wants to get rich slowly”. Great, well-run companies, with amazing business models create generational wealth. A quote attributed to Albert Einstein comes to mind “Compound interest is the greatest force in the universe”. The statement is true whether or not Einstein actually said it. The only things standing between an investor and compound interest are patience and the ability to find great companies that compound.
Global Equity Briefing
The goal of my newsletter is to learn all the ins and outs of investing. I plan to study industries and how different companies operate in said industries, what differentiates a well-managed company from a badly-managed company.
I will look into various investing concepts and how these concepts can help me and other investors become better. My readers can expect deep dives into a particular company, its business model, strategy, financial performance, and valuation. I will analyze the news and various new developments that change the outlook for a company or industry that interests me.
Most importantly I especially choose to have Global in the name of my newsletter.
In my view, a lot of the existing newsletters are too US-focused, yes United States of America is the world’s biggest economy and the most powerful empire to ever exist. But there are plenty of other companies in Europe, Asia, Africa, Australia, and South America that will be massive regional winners.
Furthermore, we are living through massive changes. A new global order has arrived. Covid, Climate change, Brexit, Donald Trump, the rise of China, the coming rise of India and Indonesia, Nigerian population boom, EV and green energy revolution and last but certainly not least, the coming AI revolution.
While not an exhaustive list, the world as we know it is over. The changing global order will create huge winners and massive losers. Countries will fall, massive century-old companies will go bankrupt, and new companies will rise. I plan to be ready to identify the winners and not get burned by the losers.
Welcome to Global Equity Briefing!