The title of this post is a sentence Corey Hoffstein said in a recent podcast episode with Meb Faber. Jeeez how much I miss Pirates of Finance. It is a very simple sentence that highlights how, in many cases, finance adages are not that “simple” to adopt. Corey concluded that Read more…
If you want to undermine investing, you refer to it as gambling. Risk Of Ruin is a podcast that talks about how you can gamble without gambling. It is all about positive expected value and edges. I love the podcast and I particularly loved the last episode called “You Can’t Read more…
Last week I read this FT article about copy trading. I was expecting the routine stories of users that started full of hopes and eventually got rugged: the first part of the piece did not disappoint me. After referring to the usual suspect in this field, eToro, the author mentioned Read more…
Weeks ago I read the following post, which hit straight into my soul (I left the original Italian version, you can find the English version straight after): Quante volte negli anni scorsi abbiamo ascoltato o letto che Europa e Stati Uniti si stavano avviando verso la “giapponesizzazione”.Fiumi di parole sulle 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 is the most common question related to it, i.e. Read more…
I am not sure who my audience is anymore, so I will try to keep this post as generic as possible. If you recognise where the example comes from, kudos to you 🙂 There is an investor with an 80% stocks, 20% bonds portfolio; the stock portion is heavily tilted Read more…
This week, I read a post from my pal Finanza Cafona on how he manages his money and budget. I call this type of content “finance porn” because I think in many cases the author wants to humblebrag how successful (?) they are and draw attention to their public persona. Read more…
Every video/post about dividend investing should start with a big, clear disclaimer that says “This investment strategy is suboptimal; it might help you behaviourally but you are going to pay for the privilege”. Like those ads against piracy before a movie or the banners on cigarette packs. Imaging investing using Read more…
It is almost the two-year anniversary of this post I wrote about the role of gold in a portfolio. A few days ago, someone re-posted on Twitter the research piece that prompted me to write my post (well, half of it) and I enjoyed it like it was the first Read more…
I read a post from Ben Carlson about lifestyle creep and had a few thoughts. Mainly two, to be exact. “Feeling rich” and “being worried about money” are emotions, therefore exist because everyone is also exposed to the opposite. Can you know what happiness is if you have never been Read more…