The premiere of Part 2 of Mick’s research, “Can we learn from history?” will be broadcast on Youtube at 8pm Tuesday 30th June 2020.
You’ll find the Watchpage for the broadcast HERE!
You can set a reminder by pressing the button on the bottom left hand side, as shown on the screenshot below…
In Part 1 of this original piece of research, Mick Pavey sets the context for his comparison of the stock market crash (Spring 2020) with the 1929 crash and the subsequent ‘Great Depression’.
Part 2, covering the analysis and revealing some previously unreported similarities, will follow shortly…
As ever, please do your own research (DYOR) and make up your own minds accordingly.
If you have any comments or observations, regarding the above, then please use the contact us form Here.
Mick (29th June 2020)
Every year, thousands of Berkshire hathaway shareholders flock to listen to the Warren Buffett at the AGM. This year, due to the Covid-19 restrictions, it was a ‘virtual event’.
Here are a couple of clips, that I think contain good advice for any DIY-Investor…
Particularly relevent IMO is the section, where Buffett states…
So if you had that farm, and your neighbor offered you $2,000 an acre on Monday, $1,200 an acre the next day, and maybe then $800 an acre the day after, that shouldn’t change your evaluation of the farm’s potential.
“Are you going to let this guy drive you into thinking: ‘I better sell because this number keeps coming in lower all the time?’” he said.
Bringing the right psychological approach to owning common stocks is important: Betting on that farm may be better than listening to the neighboring farmer
Do Your Own Research (DYOR)!
Mick (7th May 2020)
This interview, first published in 2012, is very relevant to the current (2020) explosion in money printing. Ray Dalio, founder of Bridgewater Associates, explains…
Simplifying the explanation of something that most people find complicated is an artform… one at which Ray Dalio gets an “A Star” IMHO.
As ever, please do your own research (DYOR) and make up your own minds accordingly.
If you have any comments or observations, regarding the above, then please use the contact us form Here.
Mick (24th April 2020)
American President Donald Trump, and the Senate, have sanctioned a huge relief package for the American economy… worth more than $1.8 trillion (£1.5tn). This includes money to ‘bail out’ industries that have been affected by the coronavirus crisis.
It was described, by Republican Senate Majority leader (Mitch McConnell), as a “wartime level of investment” in the American economy.
On Tuesday, markets in the US had surged, jumping by 11.4% – the largest one-day gain since the Great Depression, in anticipation of a support package deal. This morning, shares have also risen in Europe on the news.
A full report can be found on the BBC Here!
As ever, please do your own research (DYOR) and make up your own minds accordingly.
If you have any comments or observations, regarding the above, then please use the contact us form Here.
Mick (25th March 2020)