Los ciclos de crypto: Dinero fácil

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

The Blackstone way of Investing

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

THE HARDER THE PROBLEM, THE MORE LIMITED THE COMPETITION

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

The Self-made Billionaire Effect — Summary

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

Cheerful Pessimism

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

Investing rule number one, don’t lose money

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

Derivatives explained

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

Lessons from University of Berkshire Hathaway

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