"There are three ways to make a living in this business: be first, be smarter, or cheat." Margin Call is a 2011 American independent movie, which takes place over a 24-hour period at a large Wall Street investment bank during the early stages of the financial crisis of 2007/2008. The film focuses in particular on … Continue reading Margin Call
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
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?
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 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
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
A stock exchange or stock market is the physical or virtual place where the issuing and trading of shares takes place. The stock market is one of the most important components of an economy, as it provides companies with capital in exchange for giving investors partial ownership of the firm. Stock markets can be split into two … Continue reading What is a stock exchange?