A case study for individual investors who can wait, but still need a defensible price, enforceable rights and a route to repayment. Distressed investing appeals to people who can look beyond a damaged reputation and wait for value to emerge. A failed company can leave cash, investments, receivables and legal claims worth recovering. An original […]
Tag: investing
What BlackRock did, who retains the recovery rights, and how an individual investor should assess frozen securities. A security marked at zero can attract a patient investor for understandable reasons. The underlying business may still operate, institutions may prefer to remove an awkward position, and someone investing their own money may be able to wait […]
From stock-market transactions and confidential information to preferential deals, private investments and market-moving decisions — how politicians, central bankers and public officials can gain financial advantages unavailable to ordinary investors. In June 2017, US Congressman Christopher Collins received confidential information that a biotechnology company in which he was a major shareholder had suffered a serious […]
A diversified portfolio can still depend on one legal and custody infrastructure. Here is how Swiss investors can think about that hidden concentration without building an unnecessarily complicated offshore structure. Modern investors have become very good at diversifying what they see. A single global ETF can provide exposure to thousands of companies across dozens of […]
Why valuation, diversification and a Swiss passport were not enough when sanctions, capital controls and financial plumbing collided Investors normally think about risk in terms of price. A company can earn less than expected, interest rates can rise, currencies can fall, competitors can improve, or an expensive share can simply become cheaper. Diversification exists largely […]
1. The World in 2026: A New Economic Regime Two powerful forces are reshaping the global economy at the same time. The first is the return of the state as a central economic actor. Governments are increasingly willing to intervene to secure supply chains, protect strategic industries, and strengthen national economic power. The second is […]
This year of market buoyancy is making investors uneasy. It isn’t only because prices are rising—it’s because they often rise faster than conviction. When central bankers express discomfort, when seasoned macro thinkers warn of bubble dynamics, and when geopolitics increasingly weaponizes currencies and capital flows, investors feel the irresistible urge to respond. But as Buffett reminds […]
Staying the Course Amidst Noise The financial world is entering yet another phase of turbulence. The headlines of this quarter revolve around three major forces: uncertainty around the US dollar, the escalation of new global conflicts, and the relentless march of artificial intelligence. Each has the potential to unsettle markets, but none should deter investors […]
Contrarian investing, valuation
For our last yearly review, we look at insightful perspectives from three reference investors: a provocative contrarian, a global macro and a value investor: Searching for Value Amidst High Asset Prices The provocative contrarian Marc Faber, in his Gloom Boom Doom report, raises critical questions about the sustainability of current asset valuations. He highlights a growing dichotomy […]
