Karl-Mikael Syding's Blog, page 2

Alphabet: taking a quick look at the valuation

Is Alphabet (GOOG) a buy at $132? Please ignore number rounding Let’s take a look using The Investing Course’s valuation framework. In 2022 Alphabet’s revenues were $283B, up 10% from the year before. In 2023 it’s on track for $305B (+8%). Gross profits grew by 7% in 2022 to $157B. The last 4 quarters gross …

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The Investing Course Curriculum

The TIC is a 6-week course centered around seven documents with supporting audio and video files. The course consists of an introduction and the six main documents “WEEK 1-6”. “Six weeks” means six weeks, so take it easy, one week at a time. This is not complicated, ‘just’ complex. Read more and apply here The …

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All publicly listed companies are totally lacking in one important respect

They all lack a focus on shareholder value. Not a single company tells their shareholders and the general public what they are worth. And yet, many of them routinely buy back their own shares without even the slightest hint of the expected return on investment. In my view it should be criminal to buy back …

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TIPS PÅ MAIL, FRÅN OLJEBOSSEN PÅ ArcticMed

Translation: get the oil before it’s too late. Unique official health claim. Limited edition and many months until the next harvest is available. Jag fick nyligen följande mail från ArcticMed och insåg att riktigt bra fisk- och olivolja ofta är en bristvara på hösten: Hej, Jag kom på att vi glömt att informera våra kunder …

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TIPS PÅ MAIL FRÅN BOSSEN PÅ ArcticMed

Translation: get the oil before it’s too late. Unique official health claim. Limited edition and many months until the next harvest is available. Hej, Jag kom på att vi glömt att informera våra kunder om att vår fantastiska extra virgin olivolja finns i lager i begränsad upplaga sedan några månader tillbaka. Sorry about that! Jag …

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What’s in a price?

What does a stock price represent? What is it? What decides its level, and its direction? The simple answer is that, just as on a square market for apples, the price is determined by a negotiation between a buyer and a seller, not by value, nor by surprises, but by a confluence of hidden variables. The seller of a stock is …

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Fishy update, July 2023

This is just a short update on my health progress and current supplement usage. I’ve used Arctic Med’s fish oil since 2006 (under a different name in the beginning). Before taking 10 ml a day (two teaspoons or a small tablespoon) I regularly got a cold 3-4 times per year, as well as several short …

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The Investing Course is launching soon

It’s finally time! Since making the Swedish finance course several years ago together with Ludvig Sunström, we’ve had a ton of people asking: “When is the English version coming?” -Soon! Thanks to a request from business students at London Business School early last year, I finally got started adapting the course for an English audience. The request …

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What happened before the Big Bang?

Why is there space and matter, and why do we feel things (and have free will)? We know about the Big Bang. It happened. No arguing there. What that means is that we can pretty reliably use mathematical models to extrapolate current states and trends backwards in time to a point to the sudden expansion …

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Cosmos / Meaning / Love

Where did it all come from? How did it start. Why is there something? Why do we have a sense of self, a sense at all? Why do particles “feel” gravity, or each other? What is that feeling, that sensing? Why is there such an interaction? What is doing the sensing? Why is there separation …

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