Michael Weeks on when to sell

When should I sell? 

Ask an economist, an investor, and a business owner this question and you will get three different answers: a theory, a formula, and a decision.

The theory is universal and true, but not practical.

The formula is universal and practical, but not true.

The decision is true and practical, but not universal.

My answer is simple: You sell when it makes sense. 

Not a theory.  Not a formula.  Always a judgment call, based entirely on experience and circumstance.

~ Michael Weeks, Edelweiss Holdings, Twitter/X post, October 15, 2025

 

Michael Weeks on resilience and financial ruin

Resilience is simply not a matter of size.  A man with $100 million can lose his fortune just as easily as the man with $100 thousand.  There are many roads to ruin, open to rich and poor alike.  Through the ages, fortunes both great and small have succumbed to war, inflation, and confiscation, while many more are squandered each year by those who are overconfident, overleveraged, envious, or simply living beyond their means.

~ Michael Weeks, "Searching for Resilience," Edelweiss Journal, July 7, 2021

Michael Weeks and Dominik Schönenberger the financial industry and moral decay

Modern man, enthralled by the contrivance of credit growth and the resulting asset price inflation and unconstrained by the notion of scarcity in economic goods, sees the act of investing merely as that of buying something so as to sell later, hopefully at a profit.  As a consequence, in the pursuit of such elusive profit, we witness the rise of a financial industry replete with every form of artifice which, while ostensibly seeking to give us advice, tends to ultimately impoverish us, not merely in terms of money, but, to a greater extent, through the decay of our innate instinct about what is right and wrong.

~ Michael Weeks and Dominik Schönenberger, "In defence of financial anachronism," Edelweiss Journal, May 24, 2018

(Weeks and Schönenberger are protégés of Tony Deden, founder of Edelweiss Holdings.)