Being 4 days away from the 2008 U.S. Elections, I thought it would be good to share with you my thoughts about it. I’ve been following very closely the news, polls and some of the speeches of Barak Obama and John McCain. From my perspective, I think that there is no doubt that Senator McCain…
Last week, I wrote about how Warren Buffett is investing in companies at bargain prices at times when others are selling and losing their shirts. Warren Buffett’s explanation to this is that these companies are sound and solid and that eventually “Most major companies will be setting new profit records 5, 10 and 20 years…
Such an economic crisis as the world saw in October 2008, inevitably brings financial crises to every walk of life. Not only is it a financial crisis, but it is also a currency crisis, (exchange rate crisis) a business crisis and, potentially, a family crisis. The Asian crisis being more painful than expected, has brought…
“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” said Buffett. “And most certainly, fear is now widespread, gripping even seasoned investors.” This is the basic rule that Warrent Buffett explained on a video interview and that an article from CNN explains a little bit…
Last week, I brought back my personal blog from death, as I had stopped blogging for around 6 months. The good thing is that I had already saved a backup of the blog so it was easy to restore all the posts I had written. As I was restoring my old posts, I was very…
This month, it’s the birthday of both of my little daughters. Ana Paula is now 5 years old and Diana is 2. Actually, today, October 14th is the exact birthdate of Diana as Ana Paula was born on October 5th. My wife and I organized a birthday party for them on my parent’s country house…