Investing Is Simple, Like Riding A Bike (Book Review – Italian)
THe First evidence-based book combining cycling & Investing
As we find ourselves just a few weeks away from Christmas, I am both thrilled and humbled to present to you a foreword I had the immense honour of writing for a book that is as unique as it is insightful.
Lorenzo’s second book is a journey that intertwines the liberating world of cycling with wise investing – both are dear to me. At first glance, they appear worlds apart, yet they share a common theme of achieving freedom and—today, with the advent of index investing—accessibility.
What better present could there be for your Italian friend or family member – whether beginner or experienced – than this beacon of knowledge? I hope that it finds its way under many Italian Christmas trees, ready to inspire and enlighten, as 2024 rolls in.
ABOUT LORENZO BIAGI
- Lorenzo worked in the institutional finance for over 20 years, where he held various roles including Forex, Proprietary Portfolio Management and Portfolio Modelling. In 2021, he resigned from a major Italian bank and started a career as an independent financial advisor at Meridian SCF.
- In 2014 – together with other passionate about personal finance friends – Lorenzo founded the blog Investire Con Buonsenso. It’s one of the oldest financial blogs in Italy, representing Meridian SCF financial education effort.
- Lorenzo lives in Bologna, Italy. His passions include cycling and writing. Before writing the book described in this article, he self-published “Come investire il mio primo euro”, dedicated to parents who want to start building a solid financial future for their children.
Here is the full analysis
Cycling AND Investing are about freedom
To many cycling enthusiasts, the bicycle embodies freedom and equality.
To many cycling enthusiasts, the bicycle embodies freedom and equality.
The sense of freedom emerges as with merely the power of your legs (fuelled, preferably, by a hearty Italian meal), you can traverse vast terrains and explore hidden corners of the Earth.
The spirit of equality is deeply embedded within the cycling culture, wherein bicycles serve as universal, accessible tools for individuals across emerging and developed nations alike. The advent of electric bikes further democratises our beloved activity, opening doors for individuals of varied skill levels and ages to participate and find joy in cycling.
Similarly, the art of wise investing resonates with freedom, simplicity, and accessibility.
Like with long-distance cycling, the challenge, is tailoring a portfolio to suit your needs. This is where Lorenzo comes in.
With the democratisation of knowledge, the possibility of attaining financial freedom is within reach of many. Establishing a portfolio is swifter than learning to cycle. The challenge, however, lies in tailoring your portfolio to suit your unique financial journey.
This is where Lorenzo – much like a professional bike fitter – comes in.
Pedalling your way through investing at every life stage
checklists tailored for Italian investors, asset allocation examples, and the invaluable experience of an independent financial advisor.
On the face of it, there is however a big difference between cycling and investing. While cycling is synonymous with incredible adventures, successful investors should avoid the thrill. If your investment journey feels overly exciting, chances are, you are probably not making money.
To my knowledge, Lorenzo is the first book writer that combines evidence-based investing with cycling.
By intertwining cycling stories – including the sport’s rich Italian heritage and personal anecdotes – with a priori not always an exciting topic – Lorenzo created an entertaining book about pedalling your way through investing at every life stage.
This book is packed with the latest academic evidence, providing recommendations based on decades of data, practical checklists tailored for Italian investors, asset allocation examples, and the invaluable experience of an independent financial advisor who has navigated through the tumultuous past market cycles.
Lorenzo puts Italy at the forefront of modern evidence-based investing literature in Europe.
Italian readers rank amongst the TOP 5 at Bankeronwheels.com – a testimonial to the emergence of Wise Investing. Yet, well-written books related to it are still uncommon.
With his book, Lorenzo puts Italy at the forefront of modern evidence-based investing literature in continental Europe.
It is my sincere hope that Italian investors widely embrace this book, translating its insightful recommendations into tangible financial practices.
About the book
| Feature | Book |
|---|---|
| Level | Beginners and Intermediates |
| Target Reader Age | 20 to 65 year old |
| Target Reader Life Phase | Asset Accumulation Phase |
| Language | Italian |
| Length | 392 Pages |
| Kindle Price | 9.90 EUR |
| Hardcover Price | 19.90 EUR |
Investire E SEMPLICE COME ANDARE IN BICICLETTA (Ma non E FACILE)
Good Luck and Keep’em* Rolling!
(* Wheels & Dividends)
Weekend Reading – BlackRock Launches New iBonds, Truth About €1M Broker Insurance & BOW is 4 years old!
The Truth About €1 Million Broker Guarantees
4 Things I Learned In 4 Years Of Running A Finance Blog
Dodl By AJ Bell Review – AJ Bell’s Younger Brother
Vanguard LifeStrategy Review – A Retriever In A Babushka Doll
Why Do Portfolio Managers Care About Factors? It’s Not What You Think.
HELP US
🙋 Wondering why finding honest Investing Guidance is so difficult? That’s because running an independent website like ours is very hard work. If You Found Value In Our Content And Wish To Support Our Mission To Help Others, Consider:
- 📞 setting up a coaching session
- ☕ Treating us to a coffee
- 🐶 Purchasing Our Official Merchandise
- ❤️ Exploring Other ways to support our growth, both financially and non-financially.
DISCLAIMER
All information found here, including any ideas, opinions, views, predictions expressed or implied herein, are for informational, entertainment or educational purposes only and do not constitute financial advice. Consider the appropriateness of the information having regard to your objectives, financial situation and needs, and seek professional advice where appropriate. Read our full terms and conditions.
