Personal Finance
SONG 2
More than three years ago I wrote this post about SONG, a closed-end fund listed in London that invests in music royalties. I would not explain again why I think investing in music royalties is a good idea, if you Read more…
Personal Finance
Taleb’s Barbell Portfolio
If you are reading this blog, you already know who Nassim Nicholas Taleb is. In his book The Black Swan, he proposed the idea of the “barbell portfolio” as a way to manage risk in investment strategies. The concept draws Read more…
Personal Finance
Markets (and more) Musings
What’s the risk that the FED next move would be a rate increase? I just listened to The Compound and Friends podcast and someone mentioned this. I do not think is a far-fetched idea, considering that we had three months Read more…
Personal Finance
Is Friend Your Trend?
Last week I published the quarterly update on the TILS model portfolio: it did 7.41% in just three months, a great result (yes yes, it can give it all back even faster but let me enjoy it for a bit). Read more…
Personal Finance
Model Portfolio Quarterly Update
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 Read more…
Personal Finance
Harvesting Volatility Risk Premium
Thanks to Bankeronwheels, last week I read this post from Early Retirement Now on trading options. A quick self-reflection digression. I know the existence of ERN because Mr.Rip once told me about it. I had a peek at the blog Read more…
Personal Finance
One Coupon Callable Bonds
Did I buy a billion of bonds, as notional amounts, in my career? Probably. For sure if I consider various bond buyback exercises. Did I buy every single one on Bloomberg? YES (or…no? I recall once I implemented TradeWeb but Read more…
Personal Finance
Samuelson’s Dictum
In the years between the end of high school and the beginning of university, I tried to participate in Magic the Gathering Pro Tour. How to define “trying” is pretty tricky. I was dedicating a lot of time to it, Read more…
Personal Finance
Passive Investing has broken the Market?
Three weeks ago David Einhorn was a guest on the Masters in Business Podcast: “Market structures are broken and value investing is dead. That’s the view from David Einhorn. On this episode, the president of Greenlight Capital sits down for Read more…
Personal Finance
The Fortress Portfolio
I cannot recall how long ago I discovered @NomadicSamuel on Twitter. My definition of “Canadian Travel Blogger” might not be 100% accurate but take it as is; he’s a great chap who, for some reason, got the finance bug along Read more…