When last did you ever got the urge to have a look at the latest stoves and fridges on the market? When you were renovating your kitchen, I bet. But otherwise I don’t think you wander in and out of the white goods […]
Fuji film that is. The FT recently ran an article inquiring into the other Kodak. As the FT rightly put it, Kodak and Fuji will one day feature as case studies on dealing with industry decline.
Here is the […]
You are absolutely right! You can now get an Ivey League education online for free, all you won’t get is the official qualification, but for entrepreneurs that is irrelevant; they just want the expertise that goes […]
The British government last week announced an overhaul of their education system in schools. Away with a lot of the fluffy stuff that creativity gurus foisted over the decades on the world’s education system and […]
Is the caption this morning of a column by economist Mike Schüssler in Sake24 (fin24′s Afrikaans version in Beeld newspaper). Here are some interesting facts he mentions:
South Africa ranks amont the top […]
The FT recently asked this question to an academic, an entrepreneur, an analyst and a consultant (a global practice leader!) at Capgemini.
By far the worst the Über-consultant from Capgemini: Listen to this: […]
Kenny thank you so much for the detailed explanation and the time you took to set this matter straight and correct the clearly wrong interpretation of the facts. I also had my source look at the material you […]
Chris’s comment on the previous debate about what we can infer about recent stock market highs, deserve to be highlighted in a post. What do you think of his conclusion? Whatever the content of the conclusion, it […]
…by the hype about recent record highs in market indices. We have already seen that adjusted for inflation the recent high of the DOW is still 3% below the high.s of 2007 and even 1999. Tian responded yesterday […]
In the sentence above; the time value of money is not (entirely) determined by inflation?
Please do the comparative math for us, peak of 2007 vers May 2013?
Hi Tian, surely not only at the inflation adjusted levels, but it is a beginning to cut through the noise about record highs. Would you care to elaborate on your statement? Explain and perhaps put a number to it?
Hi Chris, not really. Stock indices reflect the price of the stocks traded, if i want to know if a index of 15000 is rally a record high, I surely must ask what how the value of the stocks compare to that of a […]
Yes, I understand all the complications, but there must be a simple answer even if it is approximate. You must be able to compare, otherwise we would have the equivalent of a black hole in cosmology.
Hi Nicholas good to hear again from you. Still in Portugal?
In any case guys help me out, just give me a simple clear answer.
Dow 14,000 in 2013 what would the equivalent have been in 2007?
Absolutely Chris. And that nut has never been cracked! Furthermore the actual days on which the huge gains are made are very few and far between.
Do you have a comment on my question about inflation and the […]
You would be tempted to think that Germany’s growth in GDP over the past quarter was dismal, 0,1%.
But there is in Germany as is often the case a disjunct between the country’s GDP and its stock exchange and […]