Entries by Thirteen Asset Management

Weekly Market Outlook December 16, 2018

“Go for a business that any idiot can run – because sooner or later, any idiot probably is going to run it.” – Peter Lynch Pfäffikon SZ, Switzerland – There are roughly three reasons that explain the recent sell-off. First, investors are worried about the inverting yield curve. Many market gurus translate this into an […]

Newsletter Thirteen Diversified Fund November 2018

NAV November 2018: -14,61% NAV Year to Date: -59,46% NAV Sinds Oprichting: -87,29% Waarde Participatie: 12,71% Markten: November draaide om de rente. Beleggers reageerden de hele maand nauwelijks en bleken besluiteloos. Tot de toespraak van Jerome Powell, de voorzitter van de Fed, de markten in beweging bracht. Aandelen krabbelden op over een breed front en […]

Weekly Market Outlook December 9, 2018

“Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.” – Carlos Slim Pfäffikon SZ, Switzerland – Last week was a hard week for investors. Nevertheless, the investment climate is still reasonably good at the moment. Inflation and interest […]

Weekly Market Outlook December 2, 2018

“Interest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy.” – Jerome Powell Pfäffikon SZ, Switzerland – “Just below” were the two small words that pushed the S&P 500 up last week. Fed President Jerome Powell is […]