The world doesn’t belong to the pessimistic. There’s nothing wrong in thinking big and there’s nothing wrong in being confident. I learned so much from Buffett and I let be part of me some of this simple knowledge, that I can’t even recall exactly from where and when I heard him saying the things that…
In more than one occasion Buffett mentioned how there’s often no-proportion and no reason to pay 1 or 2 percent of fees or commissions over very poor results from most money-managers and funds today. On this month issue of FT Wealth magazine you’ll find an interesting article by Matthew Vincent that finally replicates most of…
Terza e ultima puntata su come e se si puo’ copiare i grandi maestri come Buffett. E’ chiaro: si deve , non si puo’. Non si deve pretendere di fare le identiche cose o paragonarsi a lui. Come non si deve pretendere di essere Bill Gates, o Steve Jobs, o Bach se si studia musica.…
I apologize to my american friends for this week i promised to write something about Buffett in Italy, and it’ll be in italian, language of which i’m not a native speaker either because my first language was the strange dialect of the southern town in Italy in which I was born. But, is what it…
Non pretendo averli letti tutti. Ma non ne consiglio nessuno. L’unico libro che consiglio su Buffett è “the Snowball” che è l’unica biografia autorizzata e “narrata” da lui stesso. E scritta benissimo ed in un magnifico stile dalla brava Alice Schroeder. Voluminosa e dettagliata e ovviamente non tradotta in italiano. E qui direi inizia un…
1.How much money this investment will produce in the future? 2. When ? 3.And at what risk? The first question must be intended like “the cash flow streaming or streams of cash flow that I can reasonably predict to collect in the future”. And immediately after this, I want to know when is this…
So, if Value has to be found, what does price is there to say? For stocks price will not tell you that much about the company, the business, the going-on concern value. (That is the value we try to calculate or find for something that produces an inflow (and outflow) of cash. The “numbers” (accounting…
“..Value is what you get”. Just yesterday evening I’ve been asked a question that’s critical: “How do you know when is the moment to buy a stock?” It’s a very good question, let’s try to answer. When you buy a business you want to assess a Value for this business. If someone shows you a…
I would like a little bit to talk about America and why I found so useful for me to learn from Warren and so enjoyable to spread his word to others. Without a true natural passion for everything that was coming from the States since ever, I would have never known about Warren Buffett. He…
Dal 15 settembre 2008 al 7 / 8 ottobre 2008 in un momento in cui nessuno comprava nulla e tutti vendevano azioni Warren impiegava 13 miliardi di dollari (e altri 3 miliardi erano “committed to the dow” e saranno impiegati) per un totale di 16 miliardi. Primo insegnamento: era pronto a comprare. Perchè si riserva…