giofranchi
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Posts posted by giofranchi
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A very good article:
http://www.forbes.com/sites/matthewherper/2015/07/15/giving-theranos-a-few-tests/
Cheers,
Gio
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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
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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
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No actionable advice unfortunately... But I'll be watching this company very closely! ;)
Cheers,
Gio
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Thanks
My pleasure!
Cheers,
Gio
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An Inside Look At The Theranos Direct-To-Consumer Experience
Gio
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Maybe I should clarify quality as compounders.
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
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Ok, but if you don't know how Italy would have looked without the EU can you really say that it would have been better?
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
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Any idea how Italy would have looked outside the EU?
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
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Well, I know this guy called Gio who is attracting students for his business from around the Europe and then complains about EU.
Seems like inconsistency.
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
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This "so-called EU" has brought jobs, well being and prosperity to a numerous people in Europe.
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
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If EU falls apart, Europe will become completely irrelevant.
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
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Of course I don't know the solution... But I think you shouldn't allow this!
Cheers,
Gio
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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
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I wouldn't worry about it gio. I think most people will attribute it to the language thing and not any disrespect towards Ms. Holmes.
Thank you! ;)
Gio
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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
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Congratulations! ;)
Cheers,
Gio
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87 incredibly motivating quotes that will inspire you to succeed
Gio
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btw, is FIH's hurdle hard or soft?
And is the 5% hurdle in growth of NAV in rupees or dollars?
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
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Eurozone inflation eases, reviving deflation fears
Gio
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There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.
--Ernest Hemingway
Gio
Washington about the 4 things America would need to attain greatness
in General Discussion
Posted
Maybe... The problem is: when you have a common currency, you don't have time.
Gio