• Jun 08, 2020 Editorials

    Courage. Confidence. Confidence.

    Dear Readers, Of course the next few months will be tough. No question about that. But we don't have the impression that family businesses are emerging from our network. On the contrary. We hear sentences like: Take responsibility, decide, follow through. It's fantastic how the employees go along in this situation. Now more than ever instead of yes, but. The fact that everything secondary is now relegated to the background and only the survival of the company and the jobs counts, brings out the…
    Klaus Meitinger, Moritz Eckes 102
  • Apr 03, 2020 Editorials

    Insecure times.

    Dear readers,at private wealth, it is our goal to present investors and entrepreneurs on our homepage only with information that is highly relevant to this target group.In order to support you in your investment decisions in these turbulent times, we publish, for example, the results of models that you won't find anywhere else.So far this has brought real added value. For example, the capital market seismograph - the results of which we publish regularly - advised a massive reduction in the…
    Klaus Meitinger 177
  • Nov 25, 2019 Editorials

    Cargo chic.

    Entrepreneurship. The Wong family in Papeete, Tahiti, has developed a very special business model out of necessity. Their Compagnie Polynésienne de Transport Maritime combines passenger and cargo shipping, heading for two unusual destinations in the South Pacific: the remote Marquesas Islands, where painter Paul Gauguin is buried. And the island of Pitcairn, where the mutineers of the "Bounty" once hid and where their descendants still live today.
    Dr. Günter Kast 252
  • Nov 25, 2019 Editorials

    Herculean task.

    In the chart above, only CO2 emissions from the fossil fuels coal, oil and gas are listed. If other sources such as cement production or cattle breeding were also taken into account, they would be around ten percent higher. Source: BP Stop climate change. Climate change is a global problem - and can therefore only be solved internationally. Strategies that rely on national solo efforts, on renunciation and bans will not work. What is needed are entrepreneurial initiatives and innovative…
    Hanns J. Neubert und Ludger Wess 255
  • Nov 25, 2019 Editorials

    An intrepid look into the 2020s.

    Dear Readers, in a few weeks, the new decade will begin. The last decade has been shaped by the disappearance of interest rates, the outstanding performance of the US equity market and the recognition that the world has a real problem with climate change. This is the starting point for strategic thinking on the 2020s. Thinking ahead, global warming will remain the greatest socio-political challenge. We see a halfway realistic hope in the "self-defeating prophecy". If the lung doctor says to the…
    Klaus Meitinger 440
  • May 25, 2019 Editorials

    Now it's all about the whole thing.

    Friday after Friday, pupils and students from all over the world, inspired by the Swede Greta Thunberg, will take to the streets to fight for a future in which global warming will be limited to two degrees, better still to 1.5 degrees. Unlike many "political professionals", the young generation has understood exactly what needs to be done. It is about drastically less consumption and a fair global burden sharing. Above all, we must ensure that 98 percent of fossil fuel reserves remain in the…
    Klaus Meitinger 350
  • Dec 11, 2018 Editorials

    Der Bär rages under the radar.

    There is only one topic in the financial community at the moment: Has the global upswing in stock prices that has lasted since 2009 come to an end and will we have to adjust to falling prices, a bear market, in the future? However, this discussion always relates to the major indices. Wer takes a closer look, it recognizes that the bear has already struck in large parts of the market long ago. The share prices of dozens of well-known companies are 40 to 60 percent below their highs at…
    Klaus Meitinger 244
  • Oct 02, 2018 Editorials

    Turn of time.

    while everyone's worried about the Atlantic, disaster threatens our own front door. It's about the euro. When Germany agreed to monetary union, the rules were clearly defined. No Member State is liable for the liabilities of the other. The central bank is prohibited from directly acquiring government bonds. And they all commit themselves to respecting deficit limits.
    Klaus Meitinger & Moritz Eckes 311
  • Oct 02, 2018 Editorials

    More private wealth - exclusively for you.

    The current issue of "How to invest it" focuses on our annual meeting with the Lerbacher Runde. An exclusive circle of bankers, family officers, asset managers and economists will discuss the perspectives for the economy, monetary policy and capital markets intensively for one day. Carefully balances opportunities and risks. And then defines a suitable, long-term investment strategy for wealthy private investors. True to our motto: Every private wealth story must be conceived in such a way that…
    Klaus Meitinger & Moritz Eckes 288
  • Oct 02, 2018 Editorials

    The high-noon moment.

    Dear Ladies and Gentlemen, Dear Readers, there are situations where these old film frames appear. From second hands that sneak slowly but relentlessly in the direction of twelve o'clock. Where everyone knows that soon, very soon something important has to decide. The next year has a high-noon moment like this in store. The focus is on Europe. For a long time it looked as if the economy in Euroland would get its act together. For a few months now, however, the leading indicators have been…
    Klaus Meitinger & Moritz Eckes 299
  • Oct 02, 2018 Editorials

    Between utopia and dystopia.

    a message had caught our attention: "First equity fund to be 100 percent controlled by artificial intelligence." After researching the story on page 72, we sensed that this could be the big thing of the coming decades. The development of the AI runs on an exponential curve - it goes steeply and quickly upwards as soon as it has passed a critical point.
    Klaus Meitinger & Moritz Eckes 277
  • Oct 02, 2018 Editorials

    By reasonable and unreasonable investors.

    Dear Readers, What is the most important aspect of an investment decision for you? Welch a question, you may now say: der price, of course, and associated with it the expected return. In recent years, a very special class von Anlegern has become increasingly important. They are investors who are completely or at least quite indifferent to price and yield;
    Klaus Meitinger & Moritz Eckes 316
  • Oct 02, 2018 Editorials

    The Minsky moment.

    The US scientist Hyman P. Minsky, who died in 1996, became known for his theses on the sudden crisis despite a booming economy. The idea: the longer the economy runs, the more likely it is that banks, companies, consumers and investors will lose their sense of risk. They change their investment strategy and plunge into ever more daring financing. The financial markets are running hot, optimistic statements are making the rounds: "There is no longer any economic cycle. Interest rates will never…
    Klaus Meitinger & Moritz Eckes 328
  • Oct 02, 2018 Editorials

    On the fag end.

    With every weaker growth figure and every negative news from the corporate sector, more and more investors are beginning to think the seemingly unthinkable. Can it really be that the world is facing another recession?
    Klaus Meitinger & Moritz Eckes 305
  • Oct 02, 2018 Editorials

    The situation is getting worse.

    the biggest economic policy experiment of all time is entering the next round. In phase one, more than 700 interest rate cuts and billions of bond purchases have pushed yields in all asset classes and pushed their prices up, but one aspect has been overlooked by investors.
    Klaus Meeting und Moritz Eckes 261
  • Oct 02, 2018 Editorials

    Ten years of private wealth.

    Dear Readers, After the New Economy disaster at the beginning of this millennium, we often talked in family circles about how helpful it would be if there was an information medium that explains intelligent investment strategies in a comprehensible way. That warns us in time if there is a real threat on the markets. And that enables us to learn from the best entrepreneurs. It was about inspiration and orientation. Alone - this medium did not exist. So we decided to do it ourselves.
    Klaus Meitinger & Moritz Eckes 262
  • Oct 02, 2018 Editorials

    The justice debate.

    Germany is in the middle of a boom. Corporate profits, wages and incomes are on the rise. Nevertheless, negative headlines dominate. Only wealthy people would benefit from the upswing. That was unfair and had to be changed.
    Klaus Meitinger und Moritz Eckes 305
  • Oct 02, 2018 Editorials

    It comes to an oath.

    Germany has a choice. And thanks to Big Data, the parties now know exactly what promises they can make to their target customers. It is disappointing that the most important questions in the long term do not play a major role.
    Klaus Meitinger und Moritz Eckes 264
  • Oct 02, 2018 Editorials

    We're out of here.

    Our own stock market indicator delivered a sell signal at the end of February. As you know, this is not about forecasting trend reversals on the stock markets exactly. We only try to find out when the relationship between opportunity and risk changes when investing in equities. The logic: If stocks are valued low and the economic trend improves, there is a high probability that the stock market will develop positively in the long term. If, on the other hand, equities are expensive and economic…
    Klaus Meitinger 227
  • Oct 02, 2018 Editorials

    The story rhymes.

    The interest rate policy of the US Federal Reserve has again moved into focus. After all, the well-being and woe of the global economy and capital markets depends on interest rates not being raised significantly. Is that really the case?
    Klaus Meitinger & Moritz Eckes 256
  • Oct 02, 2018 Editorials

    Issue June 2014: Bubble, Bubble.

    Ladies and Gentlemen, Dear Readers, The European Central Bank will probably step on the gas in the coming weeks in terms of monetary policy. Because growth in Euroland as a whole is too low, the inflation rate too low and the Euro exchange rate too high, Mario Draghi thinks about a further interest rate cut and/or the purchase of bonds. The analysts at Morgan Stanley have already calculated what a one-trillion-euro purchase program, for example, would bring. Their result: even lower interest…
    Thomas Müller 278

Other News

Jun 08, 2020

For a better world.

How to invest it Sonderveröffentlichung: Merck Finck Privatbankiers 105
Impact Investment. Investing money in a…
Jun 08, 2020

Small units, big effect.

How to earn it Dr. Günter Kast 105
Start-up. The expansion of large wind turbines…
Jun 08, 2020

What can the state do?

Opinionleader Prof. Maximilian Werkmüller 115
In the Corona crisis, the government has demanded…
Jun 08, 2020

That makes it possible.

How to earn it Cornelia Knust 93
Succession. The lighting designer Ingo Maurer…

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