It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for - Robert Kiyosaki
💡💡 Did you know?
The Dutch East India Company and Modern Equity
The Dutch East India Company (Verenigde Oostindische Compagnie or VOC), established in 1602, is widely credited with issuing the first official tradable stock, pioneering the concept of limited liability. This innovation allowed investors to share risk and collectively fund massive, long-duration global trade ventures, fundamentally creating the model for the modern joint-stock company and capital markets as we know them.
Tech Talk
At COP30 in Brazil, AI is center stage. Delegates are debating how artificial intelligence can fight climate change (smart grids, better forecasting, forest crime detection). But environmentalists are waving red flags: data centers guzzle electricity and water, so “tech = hero” might be too simplistic.
Meanwhile, on the startup front: Gloo, a “faith-tech” cloud platform for religious communities, raised $72.8M in an IPO. It’s a niche SaaS bet, but one that’s clearly resonating
Money Matters
The 7th EU-AU Summit kicked off in Luanda (24–25 Nov), with leaders pushing “Peace and Prosperity through Effective Multilateralism.” Big talk, high stakes, especially around development finance, trade, and sustainability.
Also heating up: the 2025 G20 Summit in Johannesburg (22–23 Nov). The focus this year? Debt relief, clean energy finance, and development, especially for Global South economies.
Science Scoop
OP30’s climate summit wasn’t without drama: a fire broke out in the venue’s exhibition pavilion. Thankfully no fatalities, but the incident disrupted key talks, including on fossil-fuel phase-out.
On the climate urgency front: a growing chorus of scientists and UN officials warn that the world is failing its 1.5 °C Paris Agreement goal. Emissions aren’t falling fast enough, and the 2025 target is looking more like a missed deadline than a checkpoint.
Back at COP30, some big players are pushing for tripled climate adaptation financing by 2030, but fossil fuel exit roadmaps? Still deeply contested
The Rest of the World
World Toilet Day (Nov 19) happened, not glamorous, but a sharp reminder: over 3.4 billion people still don’t have safely managed sanitation.
Dubai Airshow wrapped up with a tragic twist: an Indian Tejas fighter jet crashed during aerobatics, killing the pilot. On a different note, Emirates announced it will roll out Starlink to its entire fleet.
Our Money, Our Risk, Real Investment, No Advice
We pledged approx. €6000 for you to see the ups 😀 and downs 👎 Another not so good week except for everyone
Market Watch
If you invested $100 at the start of this week, you’d have lost about $0.83 with the S&P 500 , $2.97 with the DAX , and a sharp $3.48 if you were holding Bitcoin . Equity markets drifted downward again, and Bitcoin continues its bumpy slide as risk appetite sours.
Ticker / Name | Legal Annotation | Latest Value | 1-Week Change (approx) |
|---|---|---|---|
S&P 500 | S&P 500 | 6,602.99 | -1.6% |
Bitcoin (BTCUSD) | Bitcoin | $86,830 | -4.8% |
NASDAQ Composite | Nasdaq Composite | 22,273.08 | -5.3% |
SENSEX | S&P BSE SENSEX | 85,320 | +0.8% |
DAX | DAX | 23,331 | +1.0% |
