Journal
September 2023
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Liechtenstein
Good Morning Ladies and Gentlemen „‚Hindsight bias makes surprises vanish.“ Daniel Kahneman Introduction Ladies and Gentlemen, some months ago, I was asked to write an article on Liechtenstein as a hub for private wealth management services for the executive global magazine. I looked at it as an exercise to see if I would still […]
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Bottom-Up
Good Morning Ladies and Gentlemen „It is also human not to always give in to every fear.“ Joachim Wilhelm Gauck, President of Germany from 2012 to 2017 Last weekly Ladies and Gentlemen, I received significant feedback for my last „Stefan’s Weekly“. In summary, I am happy to report that many readers share my conviction […]
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U.S. Yields – Impact
Good Morning Ladies and Gentlemen «I’m not getting old – I’m evolving» Keith Richards Extrapolation of bad news I do not want to be part of the people sending negative news. By my nature, I usually see the glass half full. However, the media plays an essential role in extrapolating bad news. It […]
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ETFs on Bitcoin
Good Morning Ladies and Gentlemen „Do people become unhappy when they are full and unthreatened?.“ anonymous Introduction Ladies and Gentlemen, I was asked to participate in a short interview for the Swiss-French Magazine „BILAN“ by its former editor-in-chief. The topic was BlackRock’s and Templeton’s application for licenses to issue Bitcoin ETFs. I had the […]
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Ideology
Good Morning Ladies and Gentlemen Good Morning Ladies and Gentlemen «You can always tell when a man’s well-informed. His views are pretty much like yours.» Bob Hope No big fan I receive many emails from readers who seek total financial protection from the next financial crisis, global economic crisis or worse, World War […]