Reflecting back 2025.

Sorry if this is a sort of repeat but as we come to a 2025 end, here to reflect back with this short comment:

If you invested in a group of Thai value stocks and got say an average of 7% dividend as I here long viewed to do, then add the 10% Baht vs. US$ appreciation this year, the total  return would be just about 17% in US$!   The US S & P returned 17.7% including dividends.  So very near as compared to the over-touted US stock market which many believe are in a bubble to correct, as some point. Mostly this high yielding asset group, Thai value stocks at average 7% yield, have just about nothing to do with the US market so its a strong offsetting correlation to US stocks. Very desirable to any rational global investor.  Not least, 25 times more current income vs. Thai Baht held in a Thai bank account here.

Best Regards and Happy New Year 2026!