This week MrRip, the person behind retireinprogress.com (and soon mr.rip?), invited me to join one of his Twitch live streams (in Italian). I am fairly new to this ‘game’ and do not fully know the proper etiquette to thank him for the opportunity, it was definitely a blast for me. Read more…
At the end of this year the GBP LIBOR will cease to exist and I spent few months ‘fixing this issue’, i.e. renegotiating trades, at the office. I am mentioning this because the legal story that brought us here, and in particular who got punished and who did not, is Read more…
Have you ever heard about the Cockroach Portfolio? It is novel perspective on the Permanent Portfolio, four quadrant investment strategy. When you make an investment, you evaluate the potential return against the risk you are taking. Volatility is the most used risk measure but it does not give you the Read more…
It’s amazing, for me, that after 25 years looking at this stuff I still manage to get surprised when I should not. I read about people that spend millions to buy a jpeg of a rock (and thousands to buy the meme of that rock) and others that will not Read more…
Do you like my click-bait attempt? You will hate me even more when you realise this post is basically relevant only to people living in the UK (ok…not exactly…every country in the world incentivise saving and investing via tax reductions in a way or another, there might be some food Read more…
There are two categories of people in the world: the ones that love Packy McCormick and the ones that do not know Packy. Howard Marks (I think) said that good stock traders are optimist while good bond traders are pessimist. I happened to to be a bond trader as part Read more…
One year ago I signed my first mortgage in UK; in less than one year, I will have to renegotiate it. For everyone not living on the-perennial-rain island (no, not that one, the one on the right, the one with the Queen) this must sound like a shocker. 90% of Read more…
When I was 17 I went to the US for a 1 month basketball tour with my Italian team; every two nights we were sleeping with a different family in a different town, but there was a ritual that happened at almost every stop: after the first dinner, the father Read more…
And for a period of time, it certainly seemed so. I was reading bloggers (yeah, not investors) making yearly returns of 11%, 12%, even more than that. I was asking myself why I was only cautiously deploying capital into p2p while people out there were making a killing. Then scams Read more…
I first wrote about leverage more than one year ago, time flies! It was a good introduction at the concept and what were my initial thoughts. I am not sure how I will ‘develop’ this series of post, maybe one day there will be an entire section of the blog, Read more…