{"id":8128,"date":"2021-07-02T09:53:30","date_gmt":"2021-07-02T06:53:30","guid":{"rendered":"https:\/\/sifterfund.com\/sifter-rahaston-kvartaaliraportti-q2-2021-video\/"},"modified":"2021-07-02T14:41:32","modified_gmt":"2021-07-02T11:41:32","slug":"sifter-fund-quarterly-report-q2-2021-video","status":"publish","type":"post","link":"https:\/\/sifterfund.com\/en\/sifter-fund-quarterly-report-q2-2021-video\/","title":{"rendered":"Sifter Fund Quarterly Report Q2\/2021 [Video]"},"content":{"rendered":"\n

The Fund\u2019s share price has returned 17.3% from year-to-date, 4.2% in the second quarter, and continued to rise by 3.0% in June.<\/p>\n\n\n\n

Sifter Fund\u2019s investment principle has remained the same already for over 18 years. The Fund is a long-term investor in a small number of quality businesses globally. What we care about is the quality of the businesses and their money-making power in the future. We think that the very strongest businesses will do well in all market conditions and therefore we want to own them for a long time.<\/p>\n\n\n\n

Introducing Costco, a retail company with a different earnings model<\/h2>\n\n\n\n

Would you be willing to pay 60$ to get to the store for shopping? More than 70 million people pay a membership fee to Costco each year. Costco does more than 90% of its profit with membership fees. Watch our analyst Alexander J\u00e4rf<\/strong>\u2019s presentation on Costco: why have we invested in this company?<\/p>\n\n\n