giofranchi

Maybe... The problem is: when you have a common currency, you don't have time. Gio

A very good article: http://www.forbes.com/sites/matthewherper/2015/07/15/giving-theranos-a-few-tests/ Cheers, Gio

Washington about the 4 things America would need to attain greatness: 1) consolidation of the states under a strong federal government, 2) timely payment of its debts, 3) creation of an army and navy, 4) harmony among its people. Let's say the EU might attain both 2) and 3)... What about 1) and most of all 4)? Cheers, Gio

It seems to be a very large investment! More than 25% of AUM. After all non-banking finance, housing finance, wealth management, retail broking, institutional equities, investment banking and insurance distribution, certainly are in Fairfax’s sweet spot, and backed by a rapidly growing market. Of course I like it! ;) Cheers, Gio

No actionable advice unfortunately... But I'll be watching this company very closely! ;) http://www.fiercebiotech.com/story/biotech-legend-lee-hood-gambles-36m-plan-revolutionize-healthcare/2015-07-13 Cheers, Gio

My pleasure! Cheers, Gio

An Inside Look At The Theranos Direct-To-Consumer Experience http://www.forbes.com/sites/danmunro/2015/07/13/an-inside-look-at-the-theranos-direct-to-consumer-experience/?utm_campaign=forbeshealth&utm_source=TWITTER&utm_medium=social&utm_channel=Business&linkId=15487295 Gio

Ok, then we should clarify what compounders mean: is L a compounder? Is JAH a compounder? Are they both compounders? If you had invested in L in 2001, you probably would have done little better than the S&P500. Instead, if you had invested in JAH in 2001, you would have increased your capital 45x. Both compounders, yet extremely different results! Imo in business you cannot generalize. Cheers, Gio

Of course it is very difficult to talk about something that hasn’t happened… Who really knows, right? But what about all the good economic effects introduced by the EU, without the debilitating economic effect introduced instead by the Euro? What about something as simple as that? Gio

No, of course I don’t… I guess the same old Italy of the ‘80s and ‘90s… Not great, but neither suffering… Understand that inside Italy we have always struggled with the same problem the EU is facing now: a very productive north and an idle, much poorer south… And we have never been able to solve it! Northern Italy, before the introduction of the Euro, was one of the richest region in Europe… Probably no more! Gio

Well… You can attack me personally, if that makes you feel good… ::) But it doesn’t change the truth: all the good done by the EU for Italy has been destroyed by the Euro… Therefore, of course the EU is much more than the Euro, unfortunately though the Euro is a brainchild of the EU… If the Euro doesn’t work, probably something is not working well with the EU too! Gio

I don’t know where you live… So I guess your country has benefited much from this “so-called” EU… And I won’t speak for Greece, nor Spain, nor Portugal, nor France, because I have never lived there (actually I have lived in Barcelona for two year, but let’s disregard that!)… I speak for Italy though: if you think this “so-called” EU, or worse still the Euro!, have “brought jobs, well being and prosperity” to Italy… well then, believe me, you have no idea what you are talking about. Cheers, Gio

Yeah! That’s what everyone keeps repeating… But what do we mean when we say “irrelevant”?... Irrelevant like… Switzerland?... Like Singapore?... Like Hong Kong?... Like The Cayman Islands?... Well, I think in those places people are living much better than in Greece, Spain, or Italy right now! So, who really care if they are “irrelevant”?!... This is what I would suggest: let’s concentrate our efforts and thinking in trying to find new things, products and services, people truly want and need… instead of wasting so much time and resources trying to make this so-called EU work! Gio

Of course I don't know the solution... But I think you shouldn't allow this! Cheers, Gio

http://www.inc.com/justin-bariso/50-brilliant-tweets-quoting-steve-jobs-bill-gates-warren-buffett-and-richard-bra.html?cid=sf01001 Gio

If I had the opportunity to buy a private business that I like a lot, I would gladly sell my whole stock portfolio. Stock portfolio that I would start rebuilding again with a much larger free cash flow than the one I have at my disposal today. Cheers, Gio

Thank you! ;) Gio

I have changed the title of this thread… Someone has made me notice the word “girl” is not how I want to refer to a person who is 30 and a self-made billionaire…!! Of course, mine has been only a second-language mistake… And I couldn’t hold Miss Homes in higher respect than I already do! ;) Cheers, Gio

http://www.inc.com/larry-kim/21-surprising-facts-about-the-world-s-youngest-female-billionaire.html Gio

Congratulations! ;) Cheers, Gio

https://hbr.org/2015/02/are-you-proud-of-how-youre-spending-your-time?utm_campaign=Socialflow&utm_source=Socialflow&utm_medium=Tweet Gio

87 incredibly motivating quotes that will inspire you to succeed http://www.inc.com/bill-murphy-jr/87-incredibly-motivating-quotes-that-will-inspire-you-to-succeed.html?cid=sf01001 Gio

Has anyone been able to find out about the currency used when calculating NAV growth? Seems like a make-or-break question. I asked Investor Relations recently, they didn't have an answer(!), said they'd get back to me. In USD, of course! FIH reports results in USD! Watsa has commented he doesn’t think this will be a problem, because he sees the rupee appreciate against the USD from now on… Despite, or perhaps in part because of, what has happened during the last few years. Gio

Eurozone inflation eases, reviving deflation fears http://www.marketwatch.com/story/eurozone-inflation-eases-reviving-deflation-fears-2015-06-30?link=MW_home_latest_news Gio

--Ernest Hemingway Gio