“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 […]
“Sometimes buying early on the way down looks like being wrong, but it isn’t.” – Seth Klarman Pfäffikon SZ, Switzerland – Relatively low volume caused volatility last week. Investors are driven by the Brexit, the so-called trade war between China and the US and the accrued interest. The Brexit seems to get its shape very […]
“In a roaring bull market, knowledge is superfluous and experience is a handicap.” – Benjamin Graham Pfäffikon SZ, Switzerland – The gurus are awake and do not predict much good. Alleged correlations are brought to the fore to reinforce the ill-founded opinions. Attention is also drawn to the sales sounds of various leading securities houses. […]
NAV Oktober 2018: -40,06% NAV Year to Date: -52,52% NAV Sinds Oprichting: -85,11% Waarde Participatie: 14,89% Markten: Oktober was een lastige maand voor beleggers. De marktvolatiliteit keerde terug en het was zelfs de slechtste maand sinds februari 2009. De S&P 500 ging tien dagen met meer dan 1% omhoog of omlaag in oktober. De volatiliteit […]