Journal
August 2021
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Motivation
Dear Ladies and Gentlemen In his book “The Enigma of Room 622”, Joel Dicker writes, “success is the pleasure of working together”. This very well describes a part of my way of thinking. It gives me great pleasure to achieve prosperity for our investors’ thanks to the personal exchange and cooperation with different people and […]
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Year-End Competition
Dear Ladies and Gentlemen For those who have joined our readers recently, every year, I am organising a year-end competition in guessing for example the price of gold, silver, crude oil, the SMI or the S&P 500 Index. Predictions Regularly, I receive emails from readers asking me where I think the price of gold would be […]
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Interesting
Dear Ladies and Gentlemen This year’s year-end competition shows an interesting picture. Extremes As you will see, the volatility in the individual underlying’s market prices is somewhat represented in the spread between the highest and lowest of your estimates for gold, Bitcoin and the S&P 500. However, there are still estimates dropping in every day; […]
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Economic Factors of Production
Dear Ladies and Gentlemen From an economic perspective, the factors of production include land or its natural resources, capital, labour, and, I would argue, knowledge. Now, I have a fair amount of discussions with people of different backgrounds about the importance of capital, i.e. investments. Something Neglectable …and occasionally I almost do get the impression that […]