Karl Niebuhr This excerpt from the book Snowball explains why taking debt to make up losses is tempting but not good. “The advent of the Bloomberg terminal, symbol of the new computerized trading, mirrored the ongoing struggle over Salomon’s identity, which continued within the firm. Its laggard businesses had never gotten back on their feet. In 1994, … Read more
Los pasajes a continuación son del libro Comer para no morir de Dr. Michael Greger. Imagine que unos terroristas desarrollasen un agente biológico que se propagara sin piedad y arrebatase la vida a, por ejemplo, casi 400.000 estadounidenses cada año. Eso equivale a una persona cada 83 segundos de cada hora de cada día, año … Read more
Excerpt from the book The Snowball: Warren Buffett and the Business of Life “At the time that Buffett invested in Salomon, the market was near a breaking point. In his shareholder letter the previous March, he had said that money managers were so hyperkinetic they made “whirling dervishes appear sedated.” He didn’t have a partnership to … Read more
The book University of Berkshire Hathaway resumes the relevant lessons learned from the Shareholder meetings of Berkshire Hathaway. I got some very good insights into Warren Buffett’s and Charlie Munger’s wisdom from this little book. About the author’s After graduating with a philosophy degree — Daniel Pecaut, the author of this book — started to … Read more
Link del Post en Facebook Creo que definitivamente se esta formando una burbuja. Hasta en los canales de fitness del YT ya se esta hablando de bitcoin etc. Cuando todo el mundo, hasta en tu peluquería ya se habla de invertir en cryptotech entonces es una bandera roja. Por que? Porque es imposible que todos … Read more
Ahora que nos acercamos al fin del año y en medio de mucho hype de criptomonedas me parece que sería de utilidad que reflexione sobre algunas cosas que aprendí en los meses pasados. Trading vs Investing Cuando comencé en junio a meterme más en criptomonedas, hice un poco de day trading, es decir compra venta … Read more
Warren Buffet’s biography The Snowball is a fascinating read. The following chapters will show you how Warren Buffet made his first profit from buying stocks at the age of 11, and his first big mistake. “A year later, he brought forth the kernel of his reality. To his family’s amusement and surprise, by the spring … Read more
Lately, I’m reading more and more biographies and this one was certainly great not just because I love bodybuilding and have seen Arnold as an idol since I was a little kid, but also because this book gave me a deep insight into all his incredible achievements and the things he learned along the way. … Read more
Let’s discuss the pro and cons of technical vs fundamental analysis. I’ll list the arguments made in the book Technical Analysis of the Financial Markets and add my own thoughts. Quotations from the book are marked in italics. What is technical analysis? Technical analysis is the study of market action, primarily through the use of charts, … Read more
Karl: This book is the first book I’d choose to recommend to someone interested to start meditating. Most successful people talk about meditation these days. Many would love to meditate but few do. The problem is that many of us think that meditation is somehow complicated, or we think we don’t have time. What is meditation? … Read more
Warren Buffet and Charlie Munger explain why volatility does not equal risk. This reasoning applies beautifully to cryptocurrency investing, in my opinion. Another important lesson is to not put too much trust in charts and statistics but rather apply, as Charlie calls it, “enlightened common sense.” “Buffett noted with fascination that what is taught about … Read more
Cuando primero empecé a entrenar en el gym no era muy buen investigador. Tenía 16 años mas o menos y única fuente de información eran los consejos que me daban en el gimnasio. Tuve la suerte de entrenar con la persona que más conocimientos sobre bodybuilding tenía en mi ciudad. Pero yo quería saber más. … Read more
En esta receta quiero enseñarte la base para hamburguesas veganas. Hay tantas formas como hacerlas que puede parecer complicado, pero en realidad es super fácil. Una vez que aprendas la base podes ir experimentando e improvisando con diferentes ingredientes. Los pasos básicos son: Cocinar y triturar a los ingredientes Si usas los ingredientes de abajo … Read more
In this talk to Nebraska students, Warren Buffet explains how we should think about designing our world. This is how he explained it in mostly his words. “Let’s assume it is 24 hs before you are born. And you get the great opportunity to design the world you are going to live in. You pick out … Read more
Warren Buffet es el inversor más famoso y exitoso del mundo. Pero su sabiduría va mucho más allá de eso. Es un lector ávido y atribuye su éxito a eso. En este post explicaré algo que me pareció muy curioso cuando lo leí. El valor que ponen Warren Buffet y Charlie Munger (otro nombre que … Read more
Debido a las peticiones que recibo por consejos de la cocina basada en plantas, aquí continuo con una publicación de mis recetas favoritas. Como la mayoría de mis recetas, esta también es fácil y rápido de preparar y no requiere de habilidades de cocina especiales. Es una excellente fuente de carbohidratos por lo cual recomiendo comer … Read more
Today I prepared whole wheat noodles, one of my favorites not only because they are tasty, but because they are a healthy source of carbs of course, but also protein. More interestingly, they contain a good amount of leucine, the supposedly most anabolic amino acid for those gains baby. How to prepare Cook the noodles … Read more
A scientific way to create lasting change in your behavior Karl’s commentary: This is one of the best books about lasting change or habits formation. As the author says, the forces here presented are based on thousands of peer-reviewed studies. The seven forces of lasting change 1. STEPLADDERS, make small steps Research has shown that … Read more
“Working with these kids taught me a lot about myself. Until then I thought I was the poster boy for the American dream. I came to the United States virtually broke, worked hard, kept focused on my goal, and made it. This really was the land of opportunity, I thought. If a kid like me … Read more
This book focuses on the essentials of a good job application. Grab employers attention from the beginning Employers have to make quick hiring decisions so you should grab their attention quickly. If you feel under pressure just bear in mind that employers feel under pressure too, as bad hiring decisions cost their company a lot of … Read more