Review: 19 Predictions for 2019

Here is a review of the predictions I made for 2019. 4 out of 19 predictions came through equating to a score of 21%! Some of these predictions were really close. I’m aiming to reach 50% for 2020! More in an upcoming post.

1. Snapchat goes bankrupt or to be acquired by a non Big Tech company (i.e. not Facebook, Apple, Google, Netflix or Amazon)

FALSE - Snapchat started the year at $5.68 USD per share and ended up at $16.78 USD per share. This turnaround yielded a 187.5 % increase for shareholders!

2. Tesla to go bankrupt by end of 2019

FALSE - this looked like it could happen, given 1) missed deliveries and 2) some red flags were highlighted by David Einhorn. The stock reached a low of $178 in H2 but rallied to the infamous $420 dollars per share in late 2019. Tesla lives to fight another day.

3. 2019 will be the hottest year on record

FALSE? - 2019 tied for second place with 2016. Full year temperatures are not consolidated yet so this one could (unfortunately) come true.

4. GE files for bankruptcy

FALSE - In August of this year, a forensic accountant who flagged Bernnie Madoff, published a report (funded by a hedge fund) highlighting financial irregularities at the conglomerate. The share price increased by 38% approximately.

5. At least three high profile cryptocurrency startups go bankrupt

TRUE - BTCjam, Wyre & BitLending Club. The amount of funding sure did collapse in 2019 compared to 2018!

6. Brexit: Parity between Euro and Pound during the year (€1 = £1)

FALSE - August 10th, Sterling went to 94 pence for 1 euro. Close!

7. Dogecoin reaches $1

FALSE - I was WAY off.

8. The Saints win the superbowl

FALSE - So close, but the Saints were robbed in the playoffs.

9. Liverpool win the Premier League

FALSE - In a season that was unprecedented in the Premier League, Liverpool finished second (97 points) behind Manchester City (98 points).

10. Manchester City vs. Liverpool in the Champions League Final

FALSE - but Liverpool did appear in it and WIN.

11. Mark Zuckerberg stands down as chairman of Facebook

FALSE - although he increased his wealth by 27 billion dollars!

12. France & USA get new presidents

FALSE - but both presidents are unpopular today.

13. Venture capital investments are lower than 2018 as startups shun venture capital funds

? - WeWork will not have been a good story. Final numbers not released yet.

14. Airbnb files for IPO

FALSE - it’s going to happen in 2020. The WeWork IPO disaster probably put the brakes on Airbnb’s IPO.

15. S&P 500 gives a return of at least 25%

TRUE

The S&P 500 Price index returned 30.43% in 2019. Using a better calculation including dividend reinvestment, the S&P 500 returned 33.07%.

16. Price of Brent crude oil averages $50 per barrel

TRUE - average price at closing was $64.23

17. Amazon acquires an autonomous vehicle startup

FALSE - but close! Amazon invested $700 million in Rivian

18. At least three US companies suffer cybersecurity breaches resulting in data losses

TRUE - Cyber Attacks were launched on the city of New Orleans, plus more here!

19. Netflix is subject of a takeover bid

FALSE - but somebody missed the party. Netflix gained +4000% in the past decade!

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