Until last week, the Bucharest Stock Exchange was the best-performing stock exchange in the world — not one of the top 5, but number one! This year, the benchmark index of the Romanian economy, the BET index, has risen by almost +50%, with a positive performance of +80% over the last 12 months. The crises of recent weeks have triggered steep declines on the exchange. Sitting some 10–12% below its previous highs, the market reminds us that in investing, you can go from ecstasy to agony in a very short time.
On a monthly basis, our club invites investors and people interested in starting to invest in the stock market for an informal discussions about stocks, bonds and money. For the last several meetings, we met with representatives of listed companies, entrepreneurs and experienced investors too. So far we have covered topics such as: