The Wizard of Lies

The Wizard of Lies is a 2017 American television movie, based on the non-fiction book of the same name by Diana B. Henriques. The movie stars Robert De Niro as famous businessman and fraudster Bernard Madoff and Michelle Pfeiffer as his wife Ruth Madoff. The movie, nominated for 2 Golden Globes, tells the real story … Continue reading The Wizard of Lies

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Richard H. Thaler, the 2017 Nobel Prize

The last year the Nobel Prize has been assigned to: Richard H. Thaler University of Chicago, IL, USA "for his contributions to behavioural economics" Thaler is one of the funders of behavioural economics, and futhermore behavioral finance, fields in a great expansions in the last decade. He is a professor at the University of Chicago, and … Continue reading Richard H. Thaler, the 2017 Nobel Prize

Uber case opens new scenarios

On december 20th 2017 the European Court of Justice has delivered a judgement over the legal status of Uber, ruling that the company’s service that connects non-professional drivers with individuals is to be considered at all effects a transportation service and therefore be regulated as such, rejecting therefore Uber’s claim to be simply a computers … Continue reading Uber case opens new scenarios

What is a mutual fund?

A mutual fund is a professionally-managed investment vehicle, made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, derivatives and other assets. Mutual funds are usually operated by professional money managers, who allocate the fund's investments and attempt to produce profits for the fund's investors. Mutual funds are divided into "units", which are similar … Continue reading What is a mutual fund?

The Praise of Cunning

In 1509 the Dutch Desiderius Erasmus of Rotterdam wrote his most famous essay, The Praise of Folly, in which Folly, speaking in first person, praises herself, claiming to be a creation of God. Despite its 500 years, Erasmus' masterpiece is still today suitable for a more recent adaptation: The Praise of Cunning. In Italy, a country where … Continue reading The Praise of Cunning

Warren Buffett

Warren Edward Buffett (1930-alive), also known as the "Oracle of Omaha", is an American businessman, investor and philanthropist, famous for being the chairman and CEO of financial conglomerate Berkshire Hathaway and considered to be one of the most successful and well-respected investors in the world. Moreover, Buffett is also one of the wealthiest people in … Continue reading Warren Buffett

How Mario Monti saved Italy

On November 12th 2011 Silvio Berlusconi, then president of the Council of Ministers (Prime Minister) of the Italian Republic, presented himself to the Quirinal Palace and resigned from his position in front of then President of the Republic Giorgio Napolitano. In the previous months, in fact, Berlusconi had showed on multiple times his inadequacy as Head … Continue reading How Mario Monti saved Italy