En este post comparto el método más óptimo y fácil de hacer dinero invirtiendo en la crypto economía según mi experiencia personal, aparte de utilizar Iconomi. El método consiste en comprar cerca la zona baja del ciclo, y vender en las cercanías de la zona alta. ¿Cómo identificar correctamente a las zonas? Para eso trazamos … Read more
My high expectations for this book turned out to be accurate. What it takes is a must read if you are interested in the reasoning process one of the biggest investors uses to make good decisions. The Blackstone Way After messing up an investment he himself approved, Schwarzman implemented a method in which ideas are … Read more
Years ago I created a collection of my favorite Quotes from Warren. I think investors like him and Charlie Munger are great aggregators of wisdom because it’s a requisite of long-term investing in my opinion. And with investing I don’t just mean money, time is the most important investment we all make, whether we do … Read more
In this excerpt from What it takes, Stephen Schwarzman explains how Blackstone developed it’s highly risk-averse and impersonal investing strategy. His system differs from that of Warren Buffett which I find highly interesting. Warren makes decisions on his own mostly, at Blackstone there is a process through which investing decisions have to go. THERE ARE … Read more
In this excerpt from What it takes, the CEO and co-founder of Backstone brings clarity to economic cycles and how to deal with them effectively in investments. The success of any investment depends in large part on where you are in the cycle when you make it. Cycles can have a major impact on the … Read more
What follows is an excerpt from the founder of Backstone Stephen A. Schwarzman’s Biography. Blackstone is the largest alternative investment firm in the world. This is my favorite chapter so far in this book. It is so interesting to me because Stephen describes his thinking process when he created a new company. What he was … Read more
This book is so good I read it twice, and probably will read it again within a year. There is just so much insight and it rings to true to me. This book is about finding what self-made Billionaires have in common. Searching answers for questions like. What skills, habits, talents or life experiences distinguish … Read more
Even though optimistic people live more successful lives, pessimism has its place in the short term. Pessimism can support the realism we so often need. Confused? Think about a pilot, for instance, you’d rather have him an upbeat outlook at security or a mercilessly realistic one? Let’s call it practical pessimism because it serves us … Read more
I live in Paraguay where labor is cheap. Everywhere you see people performing work which could easily be automated or done more efficiently. That is what I noticed when I moved to Germany. There weren’t security guards in front of every medium to big business, not even in the banks. Sure, it is safer over … Read more
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
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
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
“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time—none. Zero. You’d be amazed at how much Warren reads—and how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.” – Charlie Influence: … Read more