The Old Man's Views
The Old Man’s Views Fruit machines ain’t finance
I came into the cryptocurrencies looking for additional products to hedge against inflation and economic decline. What I found ...was a minefield. I appreciated the ideology behind Bitcoin, and I realised volatility was a significant issue. I also understood how the blockchain ...read more
The Old Man’s Views Happy New Year!
At the end of the year, we had a few people disappointed because that much forecasted 100,000 on Bitcoin starting to look little more than a dream. But hey-ho, Rome was not built in a day. I am looking forward to 2022 and watching crypto markets grow and mature. However, I am not ...read more
The Old Man’s Views Oh, Joe! What did you do?
The great thing about internet searching is the algorithms that keep presenting you with the content it thinks you will like. I was searching searching “major economic downturns” and “declines of empires”, and was presented with links to some new YouTube videos from sports events ...read more
The Old Man’s Views How to piss off your Peers? Here’s how.
For many years, since I moved to Portugal, I have learned to keep my work and my private relationships much more separate than I once did. For most of my life on the front line of the business, colleagues and customers were the people with whom I spent most of my downtime. After ...read more
The Old Man’s Views Beijing Biden and the Coming Big Bang
I’m running my computer and router on a generator because the power is off. What the hell is going on? For 20-years, since Bill “blow-me” Clinton, campaigned to get China into the WTO, what have we seen; Our wealth and jobs sent to China, Commodity yielding land sold to China. ...read more
The Old Man’s Views More regulations could be the problem!
You cannot discuss this business with anyone working in it, without the discussion turning to rules and regulations. How, without introducing more rules and regulations, we could see the business destroyed. I am sure more regulations will be brought in very soon but are they ...read more
The Old Man’s Views Old men, power and COP26
The more I hear from the young, dynamic guys out there - those who use technology to create a positive future - the more I appreciate how truly creative and clever they are, especially if I compare them to the current batch of old men in power. In the financial world, I realize ...read more
The Old Man’s Views From Marxist Methane to Foreign Farm – and a Few Things In-between
I thought about starting this week's report commenting on Joe Biden emitting his unique methane in front of the Duchess of Cornwall. But there is no point causing a stink! And talking of something that stinks, what about this Billionaires tax which passed into law last week. Envy ...read more
The Old Man’s Views Are you confusing hedging a position with diversifying your assets?
Because I keep away from the micro part of the business, i.e., what to buy and sell, or what happened yesterday, it is sometimes difficult to find a spark of an idea when you try to put out something every week. It would be easy to comment on this week’s collapse in ...read more
The Old Man’s Views Thanksgiving Thoughts from the Old Man
Unusually for me, I am a bit short of inspiration this week. I think it might be because of the launch of CNN Portugal last night. That happened exactly one year after they stopped the transmission of Fox News in Portugal. Then again, it might be because the people telling me to ...read more