Journal

Dr. Stefan M. Kremeth Incrementum AG Ronald-Peter Stoeferle Hans G. Schiefen Dr. Christian Schärer Mark J. Valek

Mai 2023

Mai 12, 2023

Tipping Point?

Good Morning Ladies and Gentlemen «The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.» John Maynard Keynes One last hike? It seems most of my readers think this was […]

Mai 19, 2023

Valid Thoughts on the Concept of Fiduciary Duty

Good Morning Ladies and Gentlemen «The1930s depression was wide, deep, and prolonged because there was no international lender of last resort.» (The World in Depression, 1929-1939, Charles Kindelberger) Valid thoughts on the concept of fiduciary duty In his latest edition of the «Seasonal Reflections», my partner Hans elaborates on his trip to the […]
Mai 5, 2023

Last Hike?

Good Morning Ladies and Gentlemen Today’s financial press, research, and analysts‘ comments were full of reasons why yesterday’s interest hike by the U.S. Federal Reserve was the last one for this interest rate cycle. Before sharing my view on this topic with you, let me quickly go back to last week’s Stefan’s weekly. Your comments Many thanks, […]

April 2023

April 28, 2023

Investing in Germany

Good Morning Ladies and Gentlemen «Gentlemen, no one can stop me from getting smarter every day.» Konrad Adenauer Konrad Adenauer Conrad Hermann Joseph Adenauer, Konrad Adenauer, was the first Chancellor of the Federal Republic of Germany from 1949 to 1963 and the first Federal Minister of Foreign Affairs from 1951 to 1955. During a […]

April 21, 2023

Excerpt from a Message to our Private Clients

Good Morning Ladies and Gentlemen ««I do not know what the future holds for us, but I am confident that things will pick up again after every crisis, and dividends will continue to flow.» Quarterly Report Every quarter I report to our private clients. Let me share a part of the report on Q1 2023. […]

März 2023

März 31, 2023

Thank You ! / Credit Suisse / Cryptos

Good Morning Ladies and Gentlemen «The culpability of corporate directors in often putting their interests ahead of shareholders and customers seems a reoccurring, unaddressed course of business. When times are good, they deserve high compensation and stock options; when their decisions cause loss and hardships, it is time for risk to be shared.» By Tom, […]

Mehr News lesen