It is hard to understand privilege when you are born with it. In his semi-fictional series ‘Colin in Black & White’, Colin Kaepernick uses his experience of an adopted black kid living in a mainly white town in California to describe “white-man privileges”. For some reason, this blog audience is Read more
What age you should start investing? Drumroll… “It depends!” Who could have guessed, uh? This is a very interesting and very complex topic. Interesting because, if you nail it, your future self will be very happy. Complex because there is no universal answer (beware those people that tell you otherwise) Read more
In April this year, I introduced The Italian Leather Sofa model portfolio. As a reminder, here is the portfolio composition: 60% stocks (via NTSX) 40% bonds (via NTSX) 20% trend (via DBMF) 10% commodities trend (via COM) 4% Tail risk (via TAIL) -34% cash The idea behind the portfolio is Read more
I know, I do not write that much lately AND my last post was on the same topic. I promise you, I am not obsessing over this matter (even if some days I have to provide almost hourly updates on where UK rates are…); in fact, I was mid-way writing Read more
It has been a while since I wanted to write about the “low vol” factor. The reason is pretty simple, look how it performed in the last year (white line is the biggest LowVol ETF listed in the US, the blue line is SPY): I invest in LOWV, the UCITS Read more
I discovered Kris Abdelmessih on Twitter and his substack The Moontower not a long time ago. The more I climb the tower, the more I find him a fascinating person to follow. He arrived both at the best and the worst possible point in my life: being a parent of Read more
*This post is 100% fiction, even more than past ones. Nothing here is financial advice, please use your own judgment about reading from a rando on the internet that does not update his About page for ages. A week ago, the girlfriend of one of my best friends had to Read more
Do you know the frequency illusion? It is a concept in psychology that describes, for example, once you purchase a new car you start seeing it everywhere. It is also called the Baader-Meinhof phenomenon but well, I guess “frequency illusion” was a better idea from a marketing point of view. Last Read more
The importance of establishing your investing decisions on Excel models instead of ‘feelings’ or opinions, reminder #452. It took me more than a week while working on a post titled “one year of leverage” to realize that, actually, I opened the Interactive Broker account in 2020 and not 2021. I Read more
In April this year, I introduced The Italian Leather Sofa model portfolio. As a reminder, here is the portfolio composition: 60% stocks (via NTSX) 40% bonds (via NTSX) 20% trend (via DBMF) 10% commodities trend (via COM) 4% Tail risk (via TAIL) -34% cash The idea behind the portfolio is Read more