1 Summary Bitcoin is a revolutionary payment instrument, but it is doubtful whether the Proof-of-Work (PoW) nature of the system is financially sustainable in the long term. Using public andContinue reading “The Economics of Bitcoin Mining”
Author Archives: lisboninvestmentsociety
Market Summary #12
Indian Variant of the Coronavirus is a “global concern” according to the WHO The WHO has declared the indian variant of the coronavirus a global concern, after stating that itContinue reading “Market Summary #12”
Market Summary #11
Chip shortage crisis in the automotive sector deteriorates Chip shortage worsens for carmakers around the world, with companies on three continents announcing production cuts. BMW AG succumbs to shortages aftermonthsContinue reading “Market Summary #11”
The Derivatives Market
Volatility as an asset class Introduction In 2003, the CBOE Volatility Index (VIX) started trading as a proxy to the S&P500 market volatility. More specifically, the VIX “measures the rateContinue reading “The Derivatives Market”
Market Summary #10
Nvidia unveils plans to sell new CPU processors, challenging Intel and AMD Nvidia Corp., known for making premium GPU processors, announced plans to manufacture its first CPU, expanding into theContinue reading “Market Summary #10”
Taper Trantum Risk and Global Macro Environment
The Taper Tantrum of 2013 Quantitative Easing and The Taper Tantrum In response to the 2007-2009 financial crisis and recession, the United States Federal Reserve (Fed) started a large scaleContinue reading “Taper Trantum Risk and Global Macro Environment”
Market Summary #9
General Electric to Sell Aircraft Leasing Business for $30 Billion AerCap will acquire GE’s jet leasing business in a $24 Billion cash deal plus $6 Billion worth of shares fromContinue reading “Market Summary #9”
Psychology of Investing in Irrational Times
SPECULATING vs INVESTING The first thing to set clear is that speculating and investing are not the same thing: while speculating implies spending money on high-risk instruments whose volatility canContinue reading “Psychology of Investing in Irrational Times”
Market Summary #8
Square buys more in bitcoin to boost crypto holdings Square announced on Tuesday that it purchased $ 170 million in bitcoin to add to its expanding position. The payment company’sContinue reading “Market Summary #8”
Market Summary #7
Mario Draghi Officially accepts post as Italian Prime Minister After persuading almost all of Italy’s political parties, Mario Draghi, the former head of the European Central Bank, was named ItalianContinue reading “Market Summary #7”