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Personal Finance

No Bonds for Charlie Ellis

I read this post earlier in the week and I got quite disappointed. Humble Dollar is supposed to be one of the ‘good’ financial divulgation outlet and the author of the post, Charlie D. Ellis, wrote a seminal book called Read more…

By TheItalianLeatherSofa, 4 yearsNovember 13, 2021 ago
Personal Finance

Podcast

This week MrRip, the person behind retireinprogress.com (and soon mr.rip?), invited me to join one of his Twitch live streams (in Italian). I am fairly new to this ‘game’ and do not fully know the proper etiquette to thank him Read more…

By TheItalianLeatherSofa, 4 yearsNovember 8, 2021 ago
Personal Finance

Second Home

I have read numerous posts on the pros and cons of buying a second, vacation home and decided to write my own. My parents bought a chalet on the Italian Alps before I was born and it is probably the Read more…

By TheItalianLeatherSofa, 4 yearsNovember 1, 2021 ago
Personal Finance

Would you short Jesus (just because his value is faith-based)?

Religions are a bubble that will prove to be “worthless” John Paulson Religions are a fraud Paul Singer Would you believe the above quotes were real if the person said his judgement is based only on intrinsic value? What about Read more…

By TheItalianLeatherSofa, 4 yearsOctober 24, 2021 ago
P2P Lending

P2P great (lost?) opportunity

Listening to the latest episode of Animal Spirit podcast, the CEO of Cadre repeated at least five times that his mission is to ‘democratise finance’. Cadre offers to US accredited investors the possibility to invest in commercial real estate, an Read more…

By TheItalianLeatherSofa, 4 yearsOctober 16, 2021 ago
Personal Finance

How to build your own insurance company

Recently I read this article by Larry Swedroe on how after 2008 became really hard to invest in an hedge fund that will provide a meaningful overperformance (if any at all). HF were providing real alpha before that date and Read more…

By TheItalianLeatherSofa, 4 yearsOctober 8, 2021 ago
Personal Finance

Spending Review

My wife fell pregnant while working as a maternity cover. It was a small ooops for her employer and a big one for us, because it meant she would only receive the Statutory Maternity Pay. In short, for one year Read more…

By TheItalianLeatherSofa, 4 yearsSeptember 30, 2021 ago
Personal Finance

A Blogger Tail Risk

At the end of this year the GBP LIBOR will cease to exist and I spent few months ‘fixing this issue’, i.e. renegotiating trades, at the office. I am mentioning this because the legal story that brought us here, and Read more…

By TheItalianLeatherSofa, 4 yearsSeptember 21, 2021 ago
Portfolio construction

The Cockroach Portfolio

Have you ever heard about the Cockroach Portfolio? It is novel perspective on the Permanent Portfolio, four quadrant investment strategy. When you make an investment, you evaluate the potential return against the risk you are taking. Volatility is the most Read more…

By TheItalianLeatherSofa, 4 yearsSeptember 14, 2021 ago
Personal Finance

FIRE musings

“now you know what’s possible, let me tell you what’s required” In a parallel universe, I would like to think this would be the intro to RetireInProgress monthly update instead of Russillo Life Advice. If you do not know what Read more…

By TheItalianLeatherSofa, 4 yearsSeptember 7, 2021 ago

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