“Intelligent investment is more a matter of mental approach than it is of technique.” – Benjamin Graham Pfäffikon SZ, Switzerland – Stock traders waived aside their concerns about a possible trade war this past week. The focus is now on the strength of the economy and the optimism about the company figures for the second […]
“Bull markets go to people’s heads. If you’re a duck on a pond, and it’s rising due to a downpour, you start going up in the world. But you think it’s you, not the pond.” – Charlie Munger Pfäffikon SZ, Switzerland – The markets were pretty resilient the past week. Traders now also see that […]
“There is a danger of expecting the results of the future to be predicted from the past.” – John Maynard Keynes Pfäffikon SZ, Switzerland – When we rely on our indicators, the quality of the market fell last week. It is striking that the perception of risk has not increased further. We see weakness in […]
“If you are born poor it’s not your mistake, but if you die poor it’s your mistake.” – Bill Gates Pfäffikon SZ, Switzerland – The Dow Jones lost the last eight days in a row, which has not happened in 40 years. The chart of the MSCI index also looks anxious. Should investors worry now? […]