Journal
October 2020
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Does Patience bring Roses?
Dear Ladies and Gentlemen On October 3, one month before the elections in the USA, the editorial of the “Magazin” (No 40) read the following: “What does it make to be an adult?” (I did mention this quote some three weeks ago in my weekly mail). “Faced with difficulties, they look for solutions. They do […]
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Efficient Market Hypothesis
Dear Ladies and Gentlemen Much as expected, I received many messages concerning my last weekly mail called “a quantum of decency”. Also, much as expected, my personal perspective was not necessarily congruent with the perspectives of all of my readers. Nevertheless, thankfully, and again much as expected, most of the messages not agreeing with my […]
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A Time of Aggressive Nervousness
Dear Ladies and Gentlemen I somewhat do have the impression, we live in a time of aggressive nervousness, and I can not think much of it. I am fully aware that bad news sell and yet, we all deserve a break. This is why I decided to write only about positive things in today’s weekly. First […]
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Year-End Competition Update II
Dear Ladies and Gentlemen Time for another update on our year-end competition. The estimates are still wide-spread; this is great and as I had mentioned before, makes it more fun than if everybody is around the same numbers. We had some new readers joining in, but there were no new “highest” or “lowest” estimates. However, […]
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A Quantum of Decency
Dear Ladies and Gentlemen Last week I wrote about mean reversion and proposed this week’s mail to be on the market efficiency theory. I am sorry, but the topic will have to wait, I feel we “have bigger fish to fry”. I do not want my weekly mail to become a political instrument of any […]