Home » News » “Two weeks after I entered the stock market, the Governor of the Bank of Israel hinted that it was a bubble and the shares fell”

“Two weeks after I entered the stock market, the Governor of the Bank of Israel hinted that it was a bubble and the shares fell”

Aviv Investment House has 11 employees. The company manages investments in client portfolios, mutual funds, provident funds and personally managed training funds and hedge funds. On top of that, she specializes in investing in companies that are conducted fairly (ESG) and investments according to Halacha.

I wrote two professional books (the first written in Hebrew) on global investments and hedge funds, and four pieces of fiction. The latest “The Cobbler of Kochban” reached the fourth place in the bestseller list of Tzomat Sharifim. I’m writing the next book now, don’t ask when.

Every Thursday, between 14:00 and 15:00, the company has a weekly parshasth lesson with Rabbi Kobi Volk. Most of the employees are secular and this is a permission lesson, but the employees are really waiting for him. There are companies that do happy hour on Thursdays. This week’s parsha is our happy hour.

The stock exchange is the nerve center of the Israeli and global economy. The screen has accompanied me since January 1994, and I have experienced with it periods of growth and prosperity alongside global crises. It’s a screen that rewards professionalism, persistence and patience.

I’m addicted to old honey candies that come out for Rosh Hashanah. I buy boxes for a whole year and store them in a closet. that will never end.

“In the capital market, it is customary to say that until you experience an avalanche, you do not gain experience. Two weeks after I bought shares for the first time, the governor of the Bank of Israel hinted that the stock market was a bubble and the shares fell.”

1. first salary

As a young accounting student I worked in a small accounting firm. They put documents and a binder from last year on the table and told me: “Learn what they did last year and do the same.” The salary went into the red and it was not known that she came to fight him and he looked bad for the first time.

2. blind spot

I’m a technophobe. It took me a while to go from StarTech to Blackberry and from there to Android, and every technological change is a threat until I get used to it. But thank God I did not pass this trait on to my children. The eldest is doing a doctorate in computer science at the Technion, which is followed by a third year in physics in Tel Aviv.

3. crisis

In 1994, two weeks after I bought shares for the first time and entered the stock market professionally, the Governor of the Bank of Israel at the time, Yaakov Frankel, hinted in an interview that the stock market was a bubble and the shares fell. In the capital market, it is customary to say – until you have experienced an avalanche, you have no experience. I gained experience in two weeks.

4. Mentor

My great-grandfather immigrated to Israel in 1936 and traded coffee in Mahane Yehuda. In each 100 gram bag, he put 110 to be pleasing in the eyes of man and not only in the eyes of G-d, as it is written “And he found favor and wisdom in the eyes of G-d and Adam”. Thanks to him I invested in companies that are conducted fairly and investments according to the Halacha.

The post “Two weeks after I entered the stock market, the governor of the Bank of Israel hinted that it was a bubble and the shares fell” appeared first on Makor Rishon.

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