I want to talk to you about a crazy experiment. Years ago, an Italian blogger-now-YTer started sharing all his “financial life” in the open, to everyone. I virtually met him because of this experiment, and then I physically met him Read more…
Ever since I devoured “The Success Equation” on a sun-drenched beach in Malaysia, I’ve eagerly anticipated every new piece from Michael Mauboussin. There’s something about his work that push the intellect, perhaps tinged with the nostalgia of that Malaysian coastline. Read more…
I wrote the below post more than 4 years ago. And it still feels super relevant. Ok, enough with the excuses. It is a busy period and it’s been two months at least I do not manage to stay healthy Read more…
As someone who runs (hahaha) a podcast, I am in awe of how the guys behind the Rational Reminder continue to find interesting topics to review after more than 300 episodes. Someone said that personal finance was a solved problem—sure. Read more…
I like David Dredge’s metaphor of a portfolio like a racing car: you do not need to reduce cruise speed when you have brakes. The 60/40 is a car moving always at the same speed, the one that would keep Read more…
A few weeks ago The Rational Reminder podcast did an episode on the Lifecycle Model. The episode features Ben Matthew, an economist with a PhD from the University of Chicago, who has developed a financial planning tool based on the Read more…
Here at The Italian Leather Sofa I run a Model Portfolio, an empirical summary of all the concepts around asset allocation and diversification discussed on the blog. It is a short, and hopefully understandable, recap to the “ok, but how Read more…
“The question of whether, when, and how to hedge foreign exchange risk has been a vexing one for investors since the end of the Bretton Woods system in 1973.” Probably, if you do not live in the US 🙂 Anyhow, Read more…
In April 2022, I introduced on this blog The Italian Leather Sofa Model Portfolio. As a reminder, here is the portfolio composition: The idea behind the portfolio is stolen from here. The link offers the best explanation to what I think Read more…
I have been in the investing world, in many different roles, for two decades. There has never been a single bloody year where people around me coming Christmas said “Next year will be easy, I know what to expect”. As Read more…