In November, BOLD fell by 3.6%, while Bitcoin returned -16.5%, Gold +5.9%, and global equities +0.3%, in USD terms. This has been a severe correction, yet Gold’s gains have softened the fall for BOLD.
We’ve picked up the pace in November as the market conditions are favourable for quality to outperform. Now is the time to buy quality.
Our tenth ByteTree Quality stock has centuries of heritage, and yet it is at the vanguard of the future of pharma.
Bitcoin’s ByteTrend Score remains at a score of 0 since 16 November. This is bearish.
Switzerland is a European democracy, except that, unlike the UK, it is a well-managed democracy. They vote on everything, stay out of trouble, and, above all, they balance their budgets, only embracing deficits during major events such as the pandemic.
The history of smoking is full of surprises, and while change is coming, this stock is a quality company in a quality sector.
