Prof Scott Galloway says: The definition of “rich” is having passive income greater than your burn. My dad and his wife receive about $50,000 a year from dividends, pension, and Social Security, and spend $40,000 a year. They are rich. Read more
As many of you, I am wasting dedicating lot of time these days watching charts about the evolution of the virus in many countries. My parents live in Italy, in the hardest hit part of the country, so I have Read more
I want to take a pause from virus-related topics, since it is becoming more evident every passing day that is going to stay with us not for weeks but months; there will be plenty of occasions in the future to Read more
Days go fast and nights are slow. It has been two weeks that I work from home and not everything is in a bear market: my work hours went up +50%. Part is due to our company network that is Read more
A year and half ago I joined a company that manages care homes: with the world population getting older and older, I thought it was the safest possible choice. Everyone has a plan ’till they get punched in the mouth Read more
[It took me several weeks to finish this post. Even if I follow financial markets since decades, it is difficult to remind myself that circumstances can turn on a dime. I envision people that were cheering for Tesla or Bitcoin Read more
This week I was reading a blogger report that went like: I invested in Crowdestor because after the default of Kuetzal and Envestio this will be my high risk/high reward platform I do not want to talk about specific platforms Read more
Like every Sunday morning, I went to run and listen to a podcast; this week it was Bill Simmons interview to Jason Segel. I am not a huge fan of Jason himself but I like a lot of movie/series he Read more
Quick addition to my previous post. It is funny that sometimes I struggle to find a topic to write about, sometimes I read a piece and the urge to write comes out strong immediately: maybe it will not be funny Read more
Dan Rasmussen is the founder and portfolio manager of Verdad, a firm that invest in leveraged small value stocks in the public markets; he is a super smart dude and I tend to read / listen when I am lucky Read more