Journal
September 2025
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O’zapft is! The Gold/Oktoberfest Beer Ratio 2025
O’zapft is! The Gold/Oktoberfest Beer Ratio 2025 On Saturday, September 20, it’s that time again – the 190th Oktoberfest will be opened with the traditional beer tapping. Yet, the exuberant atmosphere on the Theresienwiese continues to be dampened by a glance at the beer price. This year, a Maß of beer at the Oktoberfest costs […]
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A Philosophical Approach To Wealth – Part I
The geopolitical and financial events of the last five years have changed how many investors and market commentators perceive wealth. Phrases like “long-term,” “capital allocation,” and “risk mitigation” often revolve around the concept of wealth, which remains somewhat elusive.