Competitive Advantage

Competitive Advantage

Tour de France is starting soon. This cycling competition is considered one of the most challenging competitions in the world. The racing takes place for 21 consecutive days with competitors cycling various distances across France - upwards of 200km each day. Yes - up...

Spakur Invest with 17.53% return in 2023

Spakur Invest with 17.53% return in 2023

General meeting of Spaks Invest hf. was held last Thursday, May 2. The current board of directors was re-elected. The fund's assets totaled ISK 1.12 billion at the end of last year and the fund's exchange rate rose by 17.53% in 2023 after all costs. The fund's profit...

The magic number 7

The magic number 7

It took God six days to create the world – but then on the seventh day, he rested. That’s no coincidence. Seven is a holy number in most religions and frequently makes an appearance in fiction and mythologies. There used to be the seven world wonders, there are seven...

Can one new drug change the world?

Can one new drug change the world?

When I was a little girl, I remember seeing an interview with an old man on the television, the man was asked which technological discovery during the twentieth century had been the most significant of his life. The man's answer came as a surprise: Wellington Boots....

Reading between the lines in company valuation

Reading between the lines in company valuation

“It’s stated here in black and white” is sometimes the turn of phrase when referring to hard facts. It was long assumed that if something was in print then it must be accurate. The same goes when it comes to evaluating companies. The most rational way to evaluate a...

On weather forecasts and stock investments

On weather forecasts and stock investments

In the past, there was always a moment of silence in Icelanders' homes when the weather report was read on the radio after the news. This was at a time that the nation lived on agriculture and fishing and the weather was pivotal. Even today, we are very dependent on...

When making an investment decision

When making an investment decision

Let's say you were to meet with the CEO and CFO of a company you were thinking about investing in. What would be the most intelligent questions you could ask them about the company? When meeting with the CEO and CFO of a company you're considering for investment, it's...