WeWork valuation update

Seems a lot of negative news is provoking a response

Softbank- after investing US$10.5Bn at a US$47Bn valuation in WeWork – now doesn’t want a WeWork IPO … one way not to recognise a potentially heavy investment loss is to close your eyes, ignore the evidence and pretend nothing has happened, reports the FT .  A listing would expose the horrible truth about the allegedly hip workspace landlord isn’t worth its US$47Bn value.… Read more

Where’s the Euro going?

UPDATE

the US Federal reserve has just implied that it may not be as aggressive increasing US dollar interest rates in the forth coming year, this means, potentially, the Euro may not deteriorate as fast.

more updates to come

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Yes, I know what you are going to say, you’ve changed your mind and NOW you believe what the forecasters are saying.… Read more

Investments that can kill…

… your wealth.

“Leverage, concentration and illiquidity are the three things that can kill you”

Steve Cohen‘s words provide real guidance in the current low reward investing world.  What specifically does he mean by this and how could it kill your investments?

Leverage gets more investors in trouble than probably any other single factor.  The best way I can describe it is that its Gambling with money you don’t have.Read more