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Market Outlook May 7, 2014

Current Market Outlook: Pfäffikon SZ – A good valuation basis is hard to find nowadays. A good example is Bitcoin, which rose 5’500% in value last year. This example proves that the speculative pace is gaining momentum. Netflix, Tesla, Facebook, and Twitter stocks offer no guidance on the basis of healthy profitability. Yesterday, Twitter dived — again — deep […]

Newsletter Thirteen Diversified Fund April 2014

NAV April 2014: – 1.88% NAV Year to Date: – 3.23% NAV since inception: + 3.32% Value participation: 103.32% Markets: Pfäffikon SZ – The month of April has started well. Positive industrial news worldwide and reassuring words from Fed Chairman Janet Yellen fueled the investors’ desire to buy. However, the celebration was short-lived. On April […]

Weekly Market Outlook May 4, 2014

Weekly Market Outlook: Pfäffikon SZ – The U.S. economy is gaining momentum, even though there are some doubts by critics, as always. For example, the investments made by some companies are lagging behind, but this is certainly not the case for the companies in which we invest. A number of companies in our portfolio will report […]