Over the past few weeks, I’ve started telling friends, family and acquaintances that I’m working on a website for private investors. As most people know, investing is a big part of my life. Yet the first question is often: “Well, why would you want to spend time on that?”
In fact, it’s a fair question that we should probably all ask ourselves before we choose to spend our precious time. Therefore, the question is a very appropriate starting point for the first post on the site.
The joy of helping others
Over the years, I have been through many investment books, blogs, podcasts, articles and models. The more I read about investing and analyze companies, the more fun it is.
But at the end of the day, there are still very few people who actually set money aside and actively invest with private funds. Both in my own circle and in Denmark in general. I would really like to change that.
Anyone can
can figure out how to invest and
everyone
can benefit from the long-term returns that the stock market can offer. This is especially important in a period where you can at best get 0% interest at the bank or maybe 1% by buying government bonds. All while inflation is 0.5 – 1.5% (!).
But in order to benefit from the stock market in the long term, you need to understand the risks that come with investing your savings in listed assets. Borsgade is my attempt to help more private investors on their path to making intelligent investment decisions.
Opening up to criticism and reflection
“
Yes, that’s all very well Peter, but what’s in it for you?
” (the person often follows up). Financially – virtually nothing. At least not directly. But when I started at Børsgade, I had a stack of notebooks with my thoughts on investing, excel sheets with proprietary calculation models and different versions of to-do lists, principles and checklists.
The process of writing Borsgade has forced me to go through all of this. Select and transcribe the parts that actually have value. Both for myself and hopefully for others.
At the same time, you quickly realize that some of what you’ve written might not be as well thought out as you thought. Putting your thoughts out in public forces you to (hopefully) re-evaluate the weight of your arguments and challenges your ability to convey the material in a simple and interesting way.
It has subsequently turned out that there is another very practical advantage: I no longer have to find various parts of the website. books, graphs and articles every time I need to help a friend or family member build a portfolio or allocate funds. Just start on the site and use the posts, graphs and tools that make sense in your specific situation. It’s nice to achieve the same result with less effort.
