Dear Friends, Partners and Intelligent Investors, La forza di gravità del mercato è la combinazione di due influenze determinanti : l’inflazione e i tassi di interesse. L’azione della FED è volta a frenare l’inflazione (alzando i tassi) e “creando” un accenno di recessione o frenando l’economia americana che ha viaggiato dal 2020 ad oggi a velocità molto sostenuta. La…
Warren E. Buffett was born the 30th of august 1930 in Omaha, Nebraska. As we salute his 92nd birthday today we also humbly celebrate the 4th year of this blog and website. When in the sixties in London people wrote on the walls of the city : EC IS GOD (Eric Clapton is God) a…
Wanna move to the Bahamas? Sir John Templeton achieved better results from there for his Fund than the previous 20 years spent living in Wall Street. And what about Aruba or any place in the Caribbean? Well, they are all wonderful and many more we can add to the list. But I always try to…
“Personal History” is Katharine Graham’s autobiography. A memoir that shines for its honesty, the remarkable wide range of stories and people she met. I’m a voracious reader of biographies, and I found this one wonderful. The Washington Post saga is a lesson in business and life in itself that should be taught. It contains…
Let me be clear from the get-go: I’m not against business schools or formal training of any sort. You have to learn the basic tools and they will underpin all of your assumptions and decisions about investing and the market. But, and this is a big BUT, the way and the talent you may develop…
In investing Boredom is fun. True investing or Intelligent Investing incorporates boredom and requires boredom as one of its components. It’s a fact. It is one of its main traits. If you are capable of a sound big decision you don’t wiggle around much. It’s not only the fourth law of motion by Buffett (“For…
The first “Buffett Talk” meeting is on! Let’s meet in person and share our stories and passion for the “Oracle” of Omaha and his teachings over the last 70 years or so! Let’s talk about : How he changed our lives (self-introductions) 2.How he shaped our minds about investing 3.Is Value Investing “out of date”?…
“There are undoubtedly more mercurially-tempered people in the stock market now than for a many good years and the duration of their stay will be limited to how long they think profits can be made quickly and effortlessly(…) I make no attempt to forecast the general market – my efforts are devoted to finding undervalued…