Cari amici, Buffett students, partners, la lettera di Warren di quest’anno ha ricevuto oltre i commenti di rito in generale anche qualche critica per la brevita’ e per quello che non c’e’ scritto, piu’ che per quello che c’e’ scritto. La critica di per se’ e’ inconsistente e futile perche’ dimostra di essere lontana da…
This is probably the last article I write in english. The language you use and how you use it make a difference in what you have to say. Communication skills are important. For istance the language of business is Accounting. Its building blocks are numbers and numbers are important to evaluate a company. (Check out…
Dear Friends, Partners and Intelligent Investors, La forza di gravità del mercato è la combinazione di due influenze determinanti : l’inflazione e i tassi di interesse. L’azione della FED è volta a frenare l’inflazione (alzando i tassi) e “creando” un accenno di recessione o frenando l’economia americana che ha viaggiato dal 2020 ad oggi a velocità molto sostenuta. La…
Warren E. Buffett was born the 30th of august 1930 in Omaha, Nebraska. As we salute his 92nd birthday today we also humbly celebrate the 4th year of this blog and website. When in the sixties in London people wrote on the walls of the city : EC IS GOD (Eric Clapton is God) a…
“Personal History” is Katharine Graham’s autobiography. A memoir that shines for its honesty, the remarkable wide range of stories and people she met. I’m a voracious reader of biographies, and I found this one wonderful. The Washington Post saga is a lesson in business and life in itself that should be taught. It contains…
Let me be clear from the get-go: I’m not against business schools or formal training of any sort. You have to learn the basic tools and they will underpin all of your assumptions and decisions about investing and the market. But, and this is a big BUT, the way and the talent you may develop…
In investing Boredom is fun. True investing or Intelligent Investing incorporates boredom and requires boredom as one of its components. It’s a fact. It is one of its main traits. If you are capable of a sound big decision you don’t wiggle around much. It’s not only the fourth law of motion by Buffett (“For…
The first “Buffett Talk” meeting is on! Let’s meet in person and share our stories and passion for the “Oracle” of Omaha and his teachings over the last 70 years or so! Let’s talk about : How he changed our lives (self-introductions) 2.How he shaped our minds about investing 3.Is Value Investing “out of date”?…
Rational Walk is the only newsletter that I read among the many I receive about investing. I found almost a waste of time all the rest. Too much noise. Many talk about money, finance and other interesting topics but they are not about investing. Rational is exhaustive, accurate, drops some knowledge, and even if you…
“The most worthless of mankind are not afraid to condemn in others the same disorders which they allow in themselves” Edward Gibbon “The decline and fall of the Roman Empire” Prize in others the good qualities you’d like to have but you are struggling to achieve. It is not only paramount to find the right…