Bitcoin up 70% as banks fail

In Banks, Cryptocurrency on 25/03/2023 at 3:41 pm

Bitcoin’s price has appreciated by over 35% since Silicon Valley Bank collapsed on March 10, while the Nasdaq Composite Index has traded up less than 5% over the same period. Bitcoin’s price is up nearly 70% in 2023.


Paper investors/ traders

In Financial competency on 22/03/2023 at 8:28 am

I’m sitting this one out. Was catching falling knives in 2020.

Accepted Boustead Projects takeover (daylight robbery) because I’d rather have the cash than own illiquid shares in a construction co in a tightening economy: Boustead Projects: NAV is a lot of BS Cont’d

Might even get chance to buy Boustead S’pore at bargain basement price (below 70cens) later this year. Poetic justice for screwing me.

Cognitive Dissonance

In Energy, Financial competency on 20/03/2023 at 8:35 am

SGX-listc, Rex International Holdings, an oil and gas exploration company leads the FT’s 2023ranking of 500 high-growth Asia-Pacific companies with an impressive 630.17 per cent compound annual growth in revenue over the three years to 2022, Energy prices helped

But it’s a stock market dog over the last three years. LOl