The World Economic Forum just published a fascinating article charting the growth of the European startup scene, contrasting it to the larger tech ecosystems of Silicon Valley and Asia. If you’re a European founder, you’ve got cause to be optimistic — funding is easier to get, there’s so much innovation happening here, and tech talent is everywhere.
Welcome to the 46th SHARE TALK’S CONKERS’ CORNER recorded on 18th May 2017. In this interview, I have the pleasure of speaking with part-time private investor and blogger @sholdsworth1963 Steve Holdsworth.
Taking the stress out of stocks…
The UK government finally sold its last remaining stake in bailed out Lloyds Bank, and it’s also paid up all its PPI fines, so is it a buy? And PWC says UK company bosses have less staying power than ever…
If you’re planning to hold a portfolio of blue chip stocks well into retirement, then short-term movements in the market are not likely your biggest worry.
However, if you dabble in the stock market on a day-to-day basis, or if you simply want to know what drives the thinking of other market participants, it can be very beneficial to understand the basics of technical indicators.
Finally I have found some time to start on this Blog. I have had this in my mind for many months but not really had a ‘window’ of time where I can really free myself up from the hustle and bustle of life and enable an atmosphere that is peaceful and conducive to the Deep Thinking I suspect this Blog will demand. You could say I have“Cut out the Noise“……
“Watching neighbors get rich at the end of a bubble while you sit it out is pure torture”. Jeremy Grantham
Why be masochistic and sit out one of the greatest bull markets in history? If you have clear guidelines: milestones based on other bubbles such as stock markets in the 1920s and 1980s, then you can profit from both the bubble inflation and when it bursts. Like then, current stock market valuations are not sustainable. But, even with the anticipated Trump inspired increase in inflation, that doesn’t stop valuations going much higher before much lower. That is the nature of a bubble.
I remember after doing one of the early Podcasts with Justin, the question arose about“how do you manage so many Stocks?” – I can’t actually remember if Justin asked me this or whether it came about from a Reader/Follower afterwards but that doesn’t matter – the point is that I don’t think I have ever actually got around to answering it and this Blog hopefully will put that major deficiency to rights. On top of that, it actually fits in a treat with some Draft Blogs I am working on about ‘Cutting out Noise’ and my original intention was to include it as a Part of that Blog Series but then I decided it was so important that it deserves its own Blog. So here it is…….
There is no reason you can’t make $10 -$20 – $50 million or more starting with a very small amount of capital.
I believe God has created us with the ability to achieve our dreams. It is up to us to dream big. Everyone is born with a spirit of courage but as we age slowly develops into a spirit of fear. The quickest path to a mediocre life is to give in to your fear of failure. Do not let doubt and negative thoughts creep into your head. Do you hang out with negative people?