It’s time to say goodbye to 2022 and we want to take the opportunity to wish all of our dear followers, clients and supporters a Merry Christmas and a happy New year in advance!
2022 was definately not the year which most of us had hoped for in terms of stock market returns. Many of the publicly listed ESGFIRE portfolio companies outperformed indexes for quite some time but in the end many had to capitulate to the broader negative market sentiment. Although we were able to avoid the most brutal market turndown in the middle of 2022 we were a bit too fast in jumping back in head over heals before inflation numbers went down enough worlwide for global central banks to stop raising interest rates. No matter how seasoned of an investor you are, mistakes aren’t impossible to make ;)!
May 2023 bring great returns, peace in Europe and good health to all of you!
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Great Work, keep it up!
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