7.27.2023

A new day, a new ATH... unfortunately

The portfolio has outperformed ATM every other day almost all week. Nearly the entire portfolio's increase in value consists of the weakening of the Swedish krona.

Every time the Swedish krona loses value, I am disturbed by the referendum we had in 2003 where the no-side won. I'm guessing that many who voted against a transition for the Euro are regretting it today considering how much poorer we Swedes have become compared to the outside world.

Considering how mismanaged Sweden is today, I wish we had action-oriented politicians with courage who dare to make tough decisions. Mainly regarding the criminality, but also our society where too many people live on benefits that the previous government, the Social Democrats together with the Green Party in combination with a silent partner in the form of the Left Party, created.


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