2025 Year-End Competition; an Update

Good Morning Ladies and Gentlemen

”The greatest mistake you can make in life is to be continually fearing you will make one.”

Elbert Hubbard 

The first article in our series exploring a broader conceptualisation of wealth was published in Executive Global Magazine. Just in case you feel like spending a moment reading it, feel free to click on the following link:

A Philosophical Approach To Wealth – Part I – Incrementum

Update

Anyway, I thought it would be a good time to provide an update on the Incrementum 2025 Year-End Competition. As I write this edition of „Stefan’s Weekly,“ the prices are as follows: silver is USD 41.49, the Shanghai Composite is 3,812.22 points, and the 10-year U.S. Treasury yields 4.12%.

Silver

No modifications have been made to our „betting landscape“ thus far. Hans continues to hold the highest bid at USD 47.80, while Mark has submitted the lowest bid at USD 35.77. If Silver performs the way it did the last few weeks, Hans will take that one home on December 31, 2025.                 

Shanghai Composite

The same principle applies to the Shanghai Composite Index, where my associate, Hans, submitted the highest bid at 3’980 points, marginally higher, approximately five points, than the corresponding bid submitted by Mark. In stark contrast, Niklas’s lowest recorded bid stands at 2’950 points.

10-Year U.S. Treasury  

In the 10-year U.S. Treasury securities market, Mike has the highest recorded bet at 5.55%, while Hans maintains the lowest at 3.8%. Again, this disparity highlights a significant divergence in the gentlemen’s expectations regarding future interest rates and, thus, economic conditions. To me, this is still the most interesting bet. I am curious if we will see inflation kick in before year-end.

Closed Competition

The competition has officially closed, and I appreciate your understanding.
Data will be sourced from https://marktdaten.fuw.ch/.

Fingers Crossed  

I’m keeping my fingers crossed for all participants, and I look forward to sending the winner this one-ounce silver coin at the end of the year.

Ladies and Gentlemen

Feel free to send your messages to smk@incrementum.li. Many thanks, indeed!

I wish you an excellent start to the day and 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 153
9494 Schaan/Liechtenstein
Mail: smk@incrementum.li