Confessions of an investment analyst: How I was (not) wrong in my predictions
PI have been on the HN website for two years now published your evaluation of 2020 from the point of view of investments. And now the time has come for me to evaluate my predictions at the time. And updated.
At the end of 2020, the mood in the market was completely different than it is today. There was boundless optimism and it didn’t really matter what you put your money into. If you haven’t fallen for a complete scam, you’ve more or less revalued your investment.
This was mainly due to the approach of central banks and politicians, who were overly generous with financial incentives, and the covid era accelerated this approach even more. At the time, I called it a never-ending drug party and pointed out that this approach made all assets expensive, and some already absurdly overpriced.
This party has ended in the meantime. We can already see its consequences: in the form of high inflation, in painful price adjustments of all assets, but also in growing unrest in society.
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