..told me an investment banker during a casual conversation in Miami. It’s interesting to hear different perspectives when it comes to the game of speculation in stocks. Be it investing or trading in single names, we all speculate in some shape or form. It’s the timeframe that is different. For example, Mr. Buffett speculated in […]
Author: Markus
There’s more to life than trading
I’m enjoying this view while writing these lines here… I like trading because it’s challenging, intellectually educative and offers great opportunities to make money. Of course, it can also be stressful and lose money. But that’s the fun of it! It’s a highly competitive field, where the strongest survive and thrive. Don’t be mislead by […]
Price makes news, not the other way around
The US stock market has been in a drawdown for almost 2 years since the start of 2022, when it made the last all-time high. There’s still a lot of interest in the markets among the general public, which shows people still have a lot of savings from the money supply bubble created by central […]
When it’s time to buy, you don’t want to
The title originates from Walter Deemer who had a 52-year career as a market analyst in Wall Street. I haven’t read his books, but the quote gave me a few ideas to think about. The main point is probably tied to the fact that people don’t want to buy stocks when prices are falling and […]
Life is poker, not chess
Wise words by Annie Duke, whose book “Thinking in Bets” I read and reviewed in the blog several years ago. What she means with this quote is that in poker we need to deal with lots of unknowns like cards we can’t see and players bluffing, but in chess all the information is available on […]