Askeladden. Askeladden rig 2019-11-22

Askeladden som kappåt med trollet

It is worth noting that one of our large clients likes our strategy but is uncomfortable with that level of concentration, so we set up specific position size limits for their account - and are happy to discuss the same for any sufficiently large account. One of them was indeed the ability of Dockwise to provide two large identical Heavy Marine Transport vessels within the same timeframe. The rig design is currently being developed in collaboration with various industry players like hull designers, topside suppliers, construction yards and drilling contractors. While still a full-time undergraduate student, started working full-time as an editor for Seeking Alpha Pro at 18. For example, this discussion primarily applies to companies which need little capital to grow.

Pålogging Askeladden

The three-point hydraulic suspension was created in order to control and check the stability of the system during the load-out. Another thing I'm good at is listening. Not sure what to read next? Både kartplassering og selve utstrekningen av registrerte arkeologiske kulturminner kan også vise seg å være feil. My guy friends just laughed at my naivete. I like my family and would be lonely living on my own; they like me back and would miss me. This is generally adaptive, but can lead to some crazy outcomes.

Poor Ash's Almanack (Welcome To The Best Free Mental Models Resource)

He always wins in the end, often winning the princess and half the kingdom. In classic high school debate stype, I have three responses. Saksbehandler har, i tillegg, mulighet til å begrense tilgang til utvalgt informasjon der hvor omstendighetene tilsier at dette er nødvendig. For example: what could be more desirable than paying doctors based on performance, measured by whether or not their patients get better? Specific sub-models include dose-dependency — more of a good thing is not always better; in many cases, like Tylenol, it can be much, much worse, or even deadly. I cannot guarantee a detailed response or a response at all depending on how busy I am and how interested I am in the topics you bring up. And, with that system, things gradually get to fit together in a way that enhances cognition.

Askeladden & Co

More red pepper, more aleppo, no cayenne, more pomegranate molasses, a tad more than half the lemon. Part of this is premised on and my lack of confidence in my own ability to assess management teams other than directionally: my understanding is that most employers generally tend to overweight face-to-face interviews vs. Askeladden executes a concentrated strategy with a target of 8 - 15 positions in the portfolio, although this is a guideline rather than an ironclad rule and we might hold more or less at our discretion. As with the previous question, it really boils down to less of a theoretical argument for me and more of a practical, what makes my life easiest and me likely to do my personal best type answer. New plans reaching beyond 2020 are continuously being developed. Dogs always love you and will never leave you.

Poor Ash's Almanack (Welcome To The Best Free Mental Models Resource)

First, I have a few very close relationships with other investment managers - all of whom have substantially more experience than I do - and these relationships have influenced my analytical and portfolio management decisions to what I believe is an appropriate degree. I try not to take myself too seriously, although people tend to tell me that I'm very intense, so I guess that's an interesting combination. Some industries can destroy or not create value while capturing plenty for themselves for example, most multi-level marketing companies, and perhaps timeshares , while others can create tremendous value while failing to capture much for themselves for example, public school teachers, parents, or airlines. Differentiated business model or best-of-breed product. Deadpool likes to mess around and not take things too seriously… he is a bit, but not quite, like Richard Thaler, whose greatest trait according to Danny Kahneman is being so lazy that he only works on really interesting problems.

Askeladden som kappåt med trollet

Another thing I suck at is drawing. I believe a similar phenomenon applies in the investing world: starting by assuming you have the least insight and information can lead you to a process where you end up with the most, whereas starting by assuming that you and your team are the smartest guys in the room usually ends up with… well, that story ends without a cash flow statement, or much of anything else. But I was so confused as to why anyone did this swiping nonsense. We do not use portfolio margin or options or short-selling, nor do we have macro views or proprietary quant algorithms - what we do here is plain-vanilla, fundamental, old-fashioned bottom-up stock picking based on extensive reading and research. Oftentimes, the performance of an entire system can be derailed by its weakest link. The investment manager, being human, only actually achieves 15% per annum. Privacy Policy; We have a sign-up form where you can input your name and email address to subscribe to our mailing list and receive weekly notifications about new posts, if any.

Both Cat J rigs now in operation as ‘Askeladden’ kicks off at Gullfaks

Strong customer value proposition and strong margins or strong margin potential. In some ways, he represents the small man who succeeds where all others fail. It has a subsea blowout preventer, which is not common on jack-up rigs. It is unclear what advantage I would have over them. To go back to the Peter Thiel X Y metaphor: say that the maximum achievable return of some given investment strategy is 20% per annum. Companies with obvious secular growth challenges - say, a company producing freesheet paper for printers - would obviously be valued at a growth rate of 0, or even perhaps a negative growth rate. A thing I'm good at is dogsitting.

Both Cat J rigs now in operation as ‘Askeladden’ kicks off at Gullfaks

As one example of this, in the case of the oilfield products companies discussed earlier, I assumed that in the worst case if the oil market truly collapsed, permanently , they could lose 80%+ of their value. Nonetheless, from the point of view of the shareholder, we also want to see companies that are being run for profit, rather than for revenue maximization, or as engineering playhouses. Why do many of us find it difficult to abandon cherished beliefs, even as mounting evidence demonstrates their lack of validity? Finally, I use relative valuation mostly as a negative filter. However, my particular approach seldom seems to get through, even to people of immense ability. Maple-lemon-smoke glaze grade B or really dark grade A maple syrup, fresh squeezed lemon juice, liquid smoke - reduce until tacky.