Skip to content


Richard Preschern was born and raised in Linz, Austria.  He went to study at Northwestern University where he graduated with a BA in economics in 1997. After becoming a certified European banker at a major Austrian bank, Richard returned to Chicago to become a member of the Chicago Board of Trade. He began trading foreign exchange derivatives in 2000. In 2008, Richard co-founded CPH trading.  In 2011, he decided to take some time off from running a company  and returned to trading independently. As of April 2014, Richard joins FX Vision in Switzerland to co-manage and expand the existing FX operations and help advise an FX fund in June 2014. Richard has relocated his family to Europe where he resides with his wife and two daughters.

The first post “Hello world” can be viewed as an introduction/mission statement for this blog.

For further information please visit:



  1. Feel free to contact me but please be courteous and rational

  2. Paul Wishingrad permalink

    Richard–Bravo! I too am a subscriber of Bill Fleckenstein and just discovered your blog as a result. I had already seen the retired CPA video. I had even shown it to my kids. It was great to be reminded again in simple terms what we are facing. I have seen many Jim Rogers’ interviews, but not the one you have here. It is priceless. I too share your political leanings–fiscally conservative and socially liberal. For the most part, people in my social circle do not understand me. They assume I must be a Republican (which I am not), since I am not a Democrat. They do not even comprehend that without living within our means we will not be able to guarantee our social liberties. So the conversation is rather limited. Perhaps if some of those people would actually read your blog, something could change in a positive way. Anyway, good job!

    All my best,


  3. Thank you very much for the kind words, Paul, and for your introduction. It seems like you are raising your kids right and I think/hope the upcoming generation is waking up. All the best!

  4. Tim permalink


    When it comes to explaining the what and why of the current financial mess in the United States, your site is superb. People of all stripes would do well to carefully read through the thoughtful and lucid articles. I think I’ve just found another “must read” to add to my list of financial newsletters.

    Thank you,


  5. I simply want to tell you that I’m newbie to blogging and really loved you’re web site. Almost certainly I’m want to bookmark your site . You certainly have tremendous writings. Kudos for revealing your web-site.

  6. We are a group of volunteers and opening a new scheme in our community. Your website offered us with valuable information to work on. You have done a formidable task and our entire neighborhood will likely be thankful to you.

  7. very helpful stuff, all in all I imagine this is worthy of a book mark, many thanks

  8. Everything is very open with a clear description of the issues. It was truly informative. Your website is useful. Thank you for sharing!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: