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Personal Finance

Personal Finance

You do not invest in a business, you invest in people

Before joining my current company I worked a couple of years for a cruise liner. When I started, my boss explained to me how great of a business it was. Demand for cruises was steadily increasing every year and was forecasted to increase even more by the newly minted Chinese Read more

By TheItalianLeatherSofa, 5 yearsJuly 24, 2020 ago
Personal Finance

Scott Galloway is a terrible stock picker

Is he? And if he really is, should we care? Let’s start from the beginning: if you do not know Scott, google him, so you will be up to speed. Full disclosure: I like him and I read all his books; I think that this could make me biased but Read more

By TheItalianLeatherSofa, 5 yearsJune 22, 2020 ago
Personal Finance

Robinhood and Me

After my daughter was born my life changed in my ways, one of which is that I started to hang out (when COVID-19 allows) almost exclusively with other first time parents. It happened seamlessly, like when you are a teen and stop playing games and start to be interested in Read more

By TheItalianLeatherSofa, 6 yearsJune 14, 2020 ago
Personal Finance

Financial Coaching

I am not in love with my job but I like it. I do not wake up every Monday morning with a smile on my face but I think that 70% of what I do is at least interesting. My wife works in fashion and has to reinvent herself every Read more

By TheItalianLeatherSofa, 6 years ago
Personal Finance

The Last Dance

This is week I saw the price of oil going negative…and it was not the most incredible thing I watched. There is this new doc on Netflix called The Last Dance (from now on TLD), which you probably saw if you are a basketball fan and should watch if you Read more

By TheItalianLeatherSofa, 6 yearsApril 26, 2020 ago
Personal Finance

The one where I discuss F.I.R.E. (again)

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. I have a number of friends who earn between $1 Read more

By TheItalianLeatherSofa, 6 yearsApril 20, 2020 ago
Personal Finance

Home Sweet Home

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 discuss panics, bear markets and new lows. You are probably Read more

By TheItalianLeatherSofa, 6 yearsApril 5, 2020 ago
Personal Finance

Virus Chronicles

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 not design to sustain such a traffic, so sometimes even Read more

By TheItalianLeatherSofa, 6 yearsMarch 29, 2020 ago
Personal Finance

Sexy Investments

[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 just days ago are now in the ‘never invest my Read more

By TheItalianLeatherSofa, 6 yearsMarch 14, 2020 ago
Personal Finance

Changes

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 was in and it also happens we are almost the Read more

By TheItalianLeatherSofa, 6 yearsMarch 1, 2020 ago

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