On August 31, 2015, the Net Asset Value (NAV) of Thirteen Diversified Fund is 104.63% Net of Fees. This NAV is calculated by CACEIS Bank Luxembourg Amsterdam Branch. The NAV of Thirteen Diversified Fund is calculated by CACEIS Bank Luxembourg Amsterdam Branch, the fund’s administrator, on a monthly basis. Each month, the officially calculated NAV […]
Weekly Market Outlook: Pfäffikon SZ, Switzerland – Investors have a volatile trading week behind them. In the media, high volatility is often associated with anxiety. They just seem to forget that volatility is also linked to greed. Despite all the commotion, fundamentally things have not changed that much. China is cooling down somewhat, but there is no […]
Pfäffikon SZ, Switzerland – Investors were confronted with some historical market movements this week. The market reaction was sizable and exceeded my wildest expectations. To think what the combination of margin calls and pointless computer aided trading can bring about… Is it not time that the marketmaker and the jobber go back to doing their […]
Pfäffikon SZ, Switzerland – Historische koersuitslagen vielen beleggers deze week ten deel. De marktreactie was fors te noemen en overschreed ook mijn stoutste verwachtingen. Wat de combinatie van margin calls en zinloos computergestuurd handelen al niet te weeg kan brengen. Wordt het geen tijd dat de marketmaker en de hoekman hun werk weer gaan doen? […]