Another Important Award / Year-End-Competition

Good Morning Ladies and Gentlemen

„The belief that security can be obtained by throwing a small State to the wolves is a fatal delusion.“
by Sir Winston Leonard Spencer-Churchill

Awards

I am very proud of my colleagues, Ladies and Gentlemen. It seems we are winning awards without end. Not only have the Incrementum All Seasons Fund and the Uranium Resources Fund won a Lipper Award each, but the Uranium Resources Fund has also taken first place at the Mountain View Fund Awards 2024 in the „Megatrend Natural Resources“ category. The two funds are managed by my partners, Dr Christian Schärer and Hans Schiefen, who also act as each other’s deputies in the respective funds. If you ask me, that is a sign of remarkable consistency. Morningstar awarded a maximum of five stars for both of these funds, and then we have just learned that Incrementum AG has been ranked 10th out of over 500 asset managers by the German magazine „Wirtschaftswoche“ (WiWo). This makes me happy, Ladies and Gentlemen!

Sir Winston Leonard Spencer-Churchill

I received a few positive comments on last week’s quote by Winston Churchill, which is why I allowed myself to include another in this week’s “Stefan’s Weekly”. It is interesting because it can serve as food for thought in today’s political landscape, as it did in 1938.

Your bests so far

I sense a certain bullishness among my readers. Your bets are going through the roof. In recent years, most of my readers have been bullish on gold, silver, and Bitcoin but not so much on the S&P. This year, almost all of you are bullish on the S&P, and even for Nvidia, the quotes are roughly fifty-fifty. One very low bet forecasts a crash in the stock, if not in the sector, but there are also bullish bets around USD 1’000 and above.

S&P

So far, the highest bet on the S&P stands at 5’651 and the lowest at 4’000. Yesterday, the S&P traded at USD 5’150.

Gold

So far, the highest bet on gold stands at 2’500 and the lowest at 2’050. Yesterday, gold traded at  USD 2’163.

Nvidia

So far, the highest bet on Nvidia is 1’250, and the lowest is 195. Yesterday, Nvidia traded at USD 773.

Ladies and Gentlemen

As always, please share your opinion with me, but please do not forget (instead of hitting the reply button) to send your messages to smk@incrementum.li

Many thanks, indeed!

I wish you an excellent start to the day and the weekend!

Yours truly,

Stefan M. Kremeth
CEO & Head of Wealth Management
Incrementum AG – we love managing assets

Tel.: +423 237 26 60
Cell: +41 79 303 48 39
Im alten Riet 102
9494 Schaan/Liechtenstein
Mail: smk@incrementum.li