Les Billets de Monocle

Make your life easier

30 March 2022

A little over a year ago, we were in the waiting room of the hospital. The doctor comes in and says, "It's for now!" I grabbed the bag that had been prepared for our baby delivery and as I was about to leave my wife said, "Take all the hats because you don't know the head size. As I was about to answer that it is not rational to take 5 hats for one baby, the nurse grabbed me by the arm, put the 5 hats in the bag and whispered, Make your life easier » .

I tried to argue something but I actually knew that she was right. " Make your life easier " what a great concept. That's what I would like to do for you here, with the subject at hand: Markets.

Well, if you're wondering about the markets and want to make your life easier, you can. First of all, stop reading the Financial Time, torturing your mind about the future of inflation, worrying about geopolitics or anticipating the Q1 results (it starts in 15 days).

Instead, look at GameStop’s share price. A year ago - exactly one week ago - I wrote that if Gamestop was over $20, there was nothing to do in these markets.

That's still true! And since Gamestop is now worth $190, you can quietly turn off your screen and go back to your other occupations. There is still nothing to do in these markets.

Have a nice day,
Charles

Disclaimer

This presentation is a promotional document. The content of this document is communicated by and is the property of Monocle Asset Management. Monocle Asset Management is a portfolio management company approved by the Autorité des Marchés Financiers under number GP-20000040 and registered with the ORIAS as an insurance broker under number 10058146. No information contained in this document should be construed as having any contractual value. This document is produced for information purposes only. The prospects mentioned are subject to change and do not constitute a commitment or a guarantee. Access to the products and services presented here may be subject to restrictions for certain persons or countries. Tax treatment depends on individual circumstances. The fund mentioned in this document (Monocle Fund SICAV) is authorized for marketing in France and possibly in other countries where the law permits. Before making any investment, it is advisable to check whether the investor is legally entitled to subscribe to the fund. The risks, costs and recommended investment period of the funds presented are described in the KIDD (key investor information documents) and the prospectus, available free of charge from Monocle Asset Management and on the website. The KIDD must be given to the subscribers before the subscription. Past performances are not a reliable indicator of future performances. Monocle Asset Management cannot be held responsible for any decision taken or not taken on the basis of information contained in this document, nor for the use that could be made by a third party. The investor may lose all or part of the amount of capital invested, as the funds are not capital guaranteed.

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