2023: The long and short of it

A look back at Valuabl’s economic soothsaying and stock picking performance in 2023

It’s a new year and possibly a new you. While most people will break their New Year’s resolutions before the end of the month, stock pickers and armchair economists—an eminent group of which Valuabl is part—will march forward. Hopefully, your Valuabl subscription lasts longer than your gym one.

But, before we look to the year ahead, we should look at the year that was. In 2023, Valuabl published 25 investment ideas and a dozen economic predictions. While some of these haven’t had time to play out entirely, it’s still interesting to take a gander at how they did. So, how did Valuabl’s 2023 go? It was a mixed bag. The economic predictions published in these pages did better than the stock picks. While most of the investment ideas made money, they failed to keep up with the gangbuster performance of high-tech growth stocks.

Valuabl’s economic predictions did quite well last year. In this journal, amongst other things, your author argued that bitcoin wouldn’t replace fiat currency: it didn’…