giofranchi

I find that it is extremely difficult to value platform cos which have reached huge scale and are still growing their networks very rapidly. I also think they are among the highest quality cos today, and are led by some of the smartest businessmen. Therefore, I hold a basket of them that I have put together at much lower prices. They have outperformed for many years, and it is very likely that they will slow down, at least in the short term. Cheers, Gio

I have started reading “WTF - What’s The Future And Why It’s Up To Us” by Tim O’Reilly. Here you can find some interesting excerpts: Cheers, Gio

I have started reading “Machine Platform Crowd” by Andrew McAfee & Erik Brynjolfsson. Here you can find some interesting excerpts: Cheers, Gio

I have read “The Inner Game of Tennis - The Classic Guide to the Mental Side of Peak Performance” by W. Timothy Gallwey. Here you may find some interesting excerpts: Cheers, Gio

The equity of my company was up +16.85% in 2017. 10% from retained earnings + 6.85% from investments. The EUR ended the year up +13.5% against the USD, therefore my investments have performed roughly in line with the general market. This of course is irrelevant and I must acknowledge another year of poor performance. In 2018 I expect the operations of my company to perform in line with 2017, while I don’t know what to expect from my investments. The market is clearly overheated, a correction of 20% or more is plausible, I don’t short, I don’t hold investments that are uncorrelated with the general market... If I had to guess, 2018 is very much shaping like another year of disappointment. Cheers, Gio

I am reading it too and enjoying it so far. Here you can find some excerpts I have found to be of interest: Cheers, Gio

I have read “Anything You Want - 40 Lessons for a new kind of Entrepreneur” by Derek Sivers. Here you can find some interesting excerpts: Cheers, Gio

I have started reading “This Will Make You Smarter” by John Brockman. Here you can find some interesting excerpts: Cheers, Gio

Thank you, Liberty! It should make for an interesting read. Cheers, Gio

I have started reading “Behave - The Biology of Humans at Our Best and Worst” by Robert Sapolsky. Here you can find some interesting excerpts: Cheers, Gio

Yes, well... Of course I might be wrong, but I still don't like Cattolica and the fact Buffett invested 0,04% of BRK's equity in that company doesn't strike me as a very reliable vote of confidence... But the market seems to think differently and has received the news with much enthusiasm! Good for Cattolica's shareholders, and I wish them the best of luck. Cheers, Gio

I have started reading "The Industries of the Future" by Alec Ross. Here you can find the most interesting excerpts imo: Cheers, Gio

I have started reading "Data Strategy" by Bernard Marr. Here you can find the most interesting excerpts imo: Cheers, Gio

I've started reading "The Science of Fear" by Dan Gardner. Here you can find the most interesting excerpts imo: Cheers, Gio

I have started reading "Modern Monopolies" by Alex Moazed & Nicholas L. Johnson. Here you can find the most interesting excerpt imo: Cheers, Gio