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About this Website

The content of this Website (including microsites) has been prepared by Cape Capital AG, with its registered address at Utoquai 55, 8008 Zurich, Switzerland (“Cape Capital”), duly registered at the commercial register of the Canton of Zurich with number CHE-109.617.147. and contains the views and opinions of the particular individuals and is for general information and marketing purposes only. All copyrights and other rights, included but not limited to logos and registered trademarks relating to the entire content of the Website are reserved exclusively to Cape Capital or the specifically designated right holders. Any use, in particular the reproduction or publication in full or in part is permitted only with the prior written consent of Cape Capital. Cape Capital may from time to time suspend the operation of this Website for repair, maintenance or improvement work, or in order to update or upgrade its content or functionality. Cape Capital may also change the format, content and/or access of this Website at any time at its sole discretion without notice. Although Cape Capital believes that information provided on this Website is based on reliable sources, content on this Website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. Therefore Cape Capital cannot assume responsibility for the quality, correctness, timeliness or completeness of the information contained herein. Unless otherwise stated, the numbers/figures on the Website are unaudited.


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Cape Capital is a regulated asset manager of collective assets according to the Federal Act on Financial Institutions of 15 June 2018 (FinIA) and supervised by the Swiss Financial Market Supervisory Authority FINMA, Laupenstrasse 27, CH-3003 Bern, Switzerland (FINMA). The Website contains information about various collective investments (“Funds”) which may have been registered or otherwise notified for distribution and marketing in the jurisdiction you have selected. Please note, that such registration or notification does not mean that the Funds are suitable for all investors and their investment objectives, financial situation and risk profile. As an asset manager of collective assets, Cape Capital is, among others, subject to the rules under the Swiss Financial Services Act (FinSA), the Swiss Collective Investment Schemes Act (CISA) and the Swiss Financial Institutions Act (FinIA).Cape Capital is affiliated to the following Ombudsman according to FinSA: Finanzombudsstelle Schweiz (FINOS), Talstrasse 20, CH-8001 Zurich, Switzerland. For further information, please refer to the General Client Information Document available on the Website which forms an integral part of these Conditions.


No Solicitation, Offer, Recommendation or Advice

Nothing contained on this Website constitutes a solicitation, an offer or a recommendation to buy or sell any Cape Capital Funds or other financial instruments, nor does it constitute any form of personal investment advice which takes into account your personal circumstances. Cape Capital does not provide investment, legal, tax or other advice through this Website and nothing herein should be construed as such advice. Cape Capital does not represent that any Cape Capital collective assets or financial instruments mentioned on this Cape Capital website are suitable for any investor. Investment or other decisions should be made solely on the basis of the relevant product and/or service documents (prospectus/offering memorandum, fund contract/articles, key information documents, financial reports) of the respective collective investment. If not a Cape Capital client, it is strongly recommended to contact a professional financial advisor, tax consultant or other qualified expert in order to determine whether an investment in a Fund or other financial instrument corresponds to the specific requirements and preferred level of risk of the investor.


US Persons

Any collective investment schemes mentioned on this Website may, unless explicitly stated otherwise, not be offered, sold or delivered to United States (U.S.) citizens or persons resident or incorporated in the U.S. and/or other natural or legal persons whose income and/or returns, regardless of origin, are subject to U.S. income tax, as well as persons who are considered to be U.S. persons pursuant to Regulation S of the U.S. Securities Act of 1933 and/or the U.S. Commodity Exchange Act, in each case as amended from time to time.


Risk Considerations

The provision of financial services and investments in Funds and other financial instruments involve opportunities but also bear risks, including the risk that the value of investments and the income therefrom may fall or rise and investors may not get back the full amount invested or may even lose all of their investment. Investors should ensure to have fully understood such risks before taking any investment decisions. Cape Capital strongly advises to consult the brochure “Risks Involved in Trading Financial Instruments” of the Swiss Bankers Association (SBA) as well as  the relevant documents of the respective Fund or financial instrument and to seek professional investment advice before taking any decision to invest. Investors should note, that these Conditions do not represent a complete statement of risks associated to a Fund or a financial instrument. Past performance is no indication of current or future performance. Performance data do not include commissions and costs incurred by investors when subscribing or redeeming Fund shares.Investments, in particular collective investments in private equity, venture capital and other illiquid assets involve an above-average degree of risk, including the risk that losses may even exceed the original investment and should be seen as long-term in nature.


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The use of this Website, including any information accessed, downloaded or otherwise obtained through the Website is at your own risk. This Website, together with all content, information and materials contained therein, is provided “as is” and “as available”, without any representations or warranties of any kind, whether express or implied, with respect to the Website, and all information and functionalities contained therein.


Limitations of Liability

IN NO EVENT SHALL CAPE CAPITAL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, CONSEQUENTIAL OR OTHER DAMAGES (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF DATA, BUSINESS OR PROFITS) ARISING OUT OF OR IN CONNECTION WITH THESE CONDITIONS, THIS WEBSITE, THE INABILITY TO USE THIS WEBSITE OR ANY INFORMATION OBTAINED OR STORED THERFROM. Cape Capital excludes any liability for any loss, damage or alteration of any kind including but not limited to transmission to losses, delays, misunderstandings, unauthorized interception by third parties, duplication or fraud, except in the event of gross negligence on the part of Cape Capital. Any transmission or download of information is entirely at your own risk.


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The access and use of this Website, and these present Conditions are governed by substantive Swiss law with the exclusion of the conflict of law principles. The place of jurisdiction is Zurich, Switzerland.

Last Update: October 2024

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The Unquiet Staircase

FOLIO Edition V
Arts & Culture

William Raynar - regular contributor to FOLIO, delivers The Unquiet Staircase, a haunting tale of tragedy and loss, where the spirits of a doomed family echo through the years, leaving a lasting impression on those who come after. As the past intertwines with the present, this story explores the unshakable presence of grief and its inescapable consequences.

In the waning twilight of a cold November day in 1931, John Donovan stood silently by the window of his modest Brooklyn apartment. His eyes, once vibrant with ambition and hope, were now hollowed by despair. The ravages of the 1929 financial collapse had stripped him of everything; his fortune, his dignity, and, most cruelly, his sense of self. The weight of it all, an unbearable burden, had led him to a most unthinkable act.

Two small figures lay in the bed behind him, his beloved children, their chests now unmoving. Their faces, peaceful in eternal slumber, bore the faint remnants of love and trust, those same expressions that had haunted him since his ruin. How could they gaze upon him, the man who had failed them so profoundly? He had suffocated them gently, as if to ease their pain, but it was his own agony he sought to extinguish. And now, there was but one final step to take.

As the sun slipped below the horizon, John flung himself from the sixth-floor window. His fall was abrupt, but the violent descent was arrested by the iron railing that ran to the basement, mangling his body like a broken puppet, his limbs contorted in a grotesque final tableau.

#3 (1)

It was at this moment that Ann, his wife, arrived. She was still in her nurse's uniform, fresh from the night shift, the stark white of her hat gleaming in the dim light of the street. The police were already on the scene, but it was as if she saw nothing of their presence. Her eyes locked onto her husband's twisted form, hanging lifeless like a marionette abandoned by its master. Her heart pounded with a dread that she could not yet name, but her feet carried her not to John but to the children.

She ran up the stairs, the narrow corridor echoing her hurried steps. The apartment door groaned open, and as she entered the children's room, the truth settled upon her like a suffocating fog. Her children, lifeless beneath the weight of their blankets, lay there as if merely asleep. But she knew, deep in the pit of her soul, they had followed their father into the abyss.

For weeks, Ann lingered in a state of catatonia, her once fervent faith abandoned. The priest from the nearby parish visited her often, offering prayers, but she spoke of strange things, delusions, they thought. Ann would sit by the window, her thin, trembling hands resting on the arms of her chair, and speak of her children standing beside her, still in their pyjamas. "They have not gone," she would whisper, her voice trembling, "they are here, always beside me. They... they do not know how to reach heaven."

As the days wore on, Ann wasted away, her body growing gaunt and frail. The spark that had once made her a vibrant, devout woman flickered out, leaving only a shell behind. The morning she was found, in her small kitchen filled with the acrid stench of gas, there was no doubt, Ann had chosen to join her family in the cold embrace of death.

But the story did not end with her

After the war, in 1946, Richard and Louise, a soldier who had survived the blood-soaked beaches of Omaha and a nurse from Alsace, moved into the very same apartment. Life was kind to them for a time, though their hearts bore the scars of war. Years passed before Anna finally gave birth to a son, Willard, in 1955.

When Willard was nearly twelve, strange things began to happen in the stairwell. He would hear footsteps, soft at first, but unmistakable, ascending the stairs, only to stop abruptly outside their door. One winter day, as he was coming back from school, he saw her. A woman, running frantically up the stairs, her face contorted in desperation, her nurse’s hat still perched atop her head. She reached the door, only to vanish before his eyes. It was Ann, doomed to forever repeat her frantic race to the children she could never save.

In 1973, a young property developer purchased the building. The modest structure was torn down, the walls crumbling like the fragile memories contained within. But the past, like the dead, does not rest so easily.

Epilogue

In 1982, Willard, known to the world as Tobe Hooper, captured the lingering essence of haunted homes and restless spirits in his iconic film Poltergeist. The film, chilling and unsettling, tells the tale of a suburban family tormented by malevolent poltergeists who abduct their youngest daughter, Carol-Ann, drawing eerie parallels to the unshakable hauntings of Brooklyn’s past. Poltergeist resonated deeply with audiences, grossing an astonishing $76 million in the United States alone, which would equate to around $250 million today. Its success crowned it the highest-grossing horror film of the year, cementing Hooper's legacy in cinematic horror.

But what few recall is that the modest building where John, Ann, and their children once lived, where so much tragedy had unfolded, was destined to be torn down by none other than Donald Trump. In the early 1970s, long before his name became synonymous with towering skyscrapers and golden facades, Trump had presided over 14,000 apartments across Brooklyn, Queens, and Staten Island. One of these, a seemingly insignificant structure on an unremarkable Brooklyn street, was razed to make way for the relentless march of modernity, burying its grim history beneath the concrete of a new era.

Yet, one might wonder, can such sorrow truly be buried? Or does it linger, like the spirits in Poltergeist, waiting to be disturbed once more?

But there is more to this story than meets the eye. A deeper layer awaits those who seek to understand its true purpose. Curious? Continue reading to uncover the full story....

#4

This entire story is a work of fiction

Crafted to showcase the capabilities of ChatGPT, which I used as a 'ghostwriter'. While the beginning may seem like a typical B-movie or reminiscent of 1950s Cinemascope films, the epilogue brings a touch of realism that could easily fool readers into believing the narrative. The idea came to me overnight, and I tasked ChatGPT with rewriting my thoughts 'in the style of Edgar Allan Poe'. I structured it into two parts: the story itself and the epilogue. Though entirely fictional, I did weave in a few real elements, like Donald Trump's role in 1973 and Tobe Hooper directing Poltergeist (though the script was written by Steven Spielberg).

My intention was to demonstrate the storytelling power of ChatGPT. While it doesn’t 'understand' the content it produces, it arranges words in the most contextually appropriate and expected way. Tools like DALL-E and Midjourney can generate images, but they haven’t yet reached the level of believability in storytelling. However, this is rapidly evolving, and soon, we may see AI creating short reels or even full-fledged films. The content industry is undergoing a massive disruption; once, content was king, but now, distribution holds the throne.

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