Core Insights - The article emphasizes the importance of understanding market dynamics beyond traditional metrics like P/E ratios, focusing on demand and supply as the core of market behavior [1] - It highlights the significance of predicting human behavior in investment decisions, suggesting that market sentiment and momentum play crucial roles [1] Investment Strategy - The investment strategy is split between low-cost funds and individual stocks, with a balanced portfolio of approximately 50% in each [1] - The author expresses a long-term investment horizon, indicating a willingness to hold stocks for at least 10 years [1] Market Outlook - The author is currently bullish on several companies and sectors, specifically mentioning AMD, PLTR, TSLA, broad US equities, and Bitcoin [1] - The approach to investing is characterized by a blend of ingenuity, curiosity, and a willingness to go against prevailing market trends [1] Background Information - The author is based in Geneva, Switzerland, and holds a Master's Degree in Business, which informs their investment perspective [1] - The article encourages following the author on social media platforms for insights on macroeconomic trends and investing [1]

Decoding markets beyond P/E. As an investor, I either put my money into low cost funds or in single stocks that (I think) are asymmetric bets. My portfolio is roughly 50/50 between the two. I like to write about Macro and Fundamentals, with the (painful) awareness that Momentum and Sentiment are what really matters. That’s the reason I never try to time the market and I only buy stocks if I am willing to hold them for at least 10 years.When it comes to fundamentals, I think everybody knows the market is for ...