Journal to portfolio afterlife

[portfolioafterlife]

This Inflation Is Demand-Driven and Persistent | by Jason Furman - Project Syndicate

Jason Furman emphasizes that all the stories about supply shortages cannot explain the economic big picture.

www.project-syndicate.org

 

[portfolioafterlife]

 

[portfolioafterlife]

ANSA) - ROMA, 20 APR - In un anno è triplicato il deficit energetico nella bilancia commerciale italiana. L'Istat stima che è di -7,263 miliardi a febbraio 2022, mentre nello stesso mese del 2021 era di -2,213 miliardi. Complessivamente l'Italia passa così, in dodici mesi, da un avanzo commerciale complessivo di 4,750 miliardi a un disavanzo di 1,662 miliardi.

Istat: cresce l'export, +22,7% a febbraio, vola l'import - Ultima ora - Ansa.it

In un anno è triplicato il deficit energetico nella bilancia commerciale italiana. L'Istat stima che è di -7,263 miliardi a febbraio 2022, mentre nello stesso mese del 2021 era di -2,213 miliardi. (ANSA)

www.ansa.it

 

[portfolioafterlife]

Turnover al 290%, non facendo operazioni si riduce velocemente.

 

[portfolioafterlife]

When Will Demand Destruction Overpower Growth? | The Capital Spectator

www.capitalspectator.com

 

[portfolioafterlife]

 

[portfolioafterlife]

https://twitter.com/x/status/1516868269885513729

 

[portfolioafterlife]

A sound investment strategy should protect, at least in the long term, your savings from inflation. In the short term, inflation bites on your current level of spending. This is why having a low saving rate not only affects your retirement prospects, it increases your exposure to inflation shocks. Having a firm control over your spending increases your optionality in periods like the one we live on right now.

The Best Hedge against Inflation -

I probably wrote too many posts about inflation, recently. Writing another one was definitely not my intention; then, yesterday I went running and listened to the latest podcast episode of The Compound and Friends, where Nick Maggiulli echoed a concept I had in my mind for some weeks. My idea...

theitalianleathersofa.com

 

[portfolioafterlife]

Di solito non si spiega una cosa molto semplice... quando un gestore ottiene risultati stellari per 10 anni, poi, con la notorietà, arriva una esplosione degli asset in gestione, e le performance miracolose si riducono semplicemente perché certe strategie non si possono implementare con asset sottostanti poco liquidi. E probabilmente aumenta la pressione psicologica.

The existence of consistent outperformers is almost certainly the result of fortune rather than skill.
In any activity where there is a significant amount of randomness and luck in the results, outcomes alone tell us next to nothing about the presence of skill. The only way of even attempting to locate skill is by drawing a link between process and outcomes.
If we are claiming that performance consistency is evidence of skill then we must also show which part of the process leads to the delivery of such unwavering returns.

Consistent outperformance is a dangerous myth | TEBI

A belief that consistent outperformance from a fund manager is an indication of skill that is likely to persist is not only wrong, but also dangerous.

www.evidenceinvestor.com

 

[portfolioafterlife]

In life, learning, and even wealth creation, there is no shortcut. It’s all a series of good steps and good bets, one after another, for decades. It’s also avoiding the landmines that may kill us on the journeys.
When it comes to investing, specifically, remember that speed (trying to make money fast) does not win. Consistency and discipline (in sticking to a sound investment process over time) do.

A Reminder to Focus on the Journey, Not the Destination - Safal Niveshak

I recently read a story to my son, which was about a martial arts student who went to an accomplished teacher to seek training under his guidance. He asked the teacher, “I am devoted to studying your martial system. How long will it take me to master it?”

www.safalniveshak.com