Diego Grove @grove_diego

just have fun discussing with intellectual honesty…Long term investor, brainstorming on building an investing community Manhattan, NY Joined May 2017

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Diego Grove @grove_diego

2 years ago

“Insurance is not that great a business. It’s a tough game. There are temptations to be stupid. It’s like banking.” — Charlie Munger. Wondering if Rowan-Belardi (Apollo), Flatt-Shah (Brookfield), Nuttall-Levine (KKR) and others will follow Charlie's wisdom. What do you think?

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Diego Grove @grove_diego

3 years ago

5) Over the same period, the S&P500 did 10X (9.7% CAGR) vs highest transfer did 32X (14.9% CAGR). Hard to replicate a highest transfer strategy but may give you a sense of European Soccer Inflation over those 25 years. @patrick_oshag

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Diego Grove @grove_diego

3 years ago

4) Lentini coincides with Milan´s big years, with Murdoch and Sky EPL, with Berlusconi owning TV in Italy. Neymar represents full entrance of petrodollars into football. We can call it two mini peaks.

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Diego Grove @grove_diego

3 years ago

3) Neymar / Lentini. 15% CAGR for 25 years. I was a soccer fan. Read every single soccer mag and studied soccer stats. I was 7 when I read about Lentini´s transfer.

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Diego Grove @grove_diego

3 years ago

2) The 222 million euro transfer of Brazilian player Neymar from Barcelona to Paris Saint-Germain (PSG) in August 2017 is the all-time highest fee for a soccer transfer. $260 million.

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Diego Grove @grove_diego

3 years ago

1) Compounding in soccer over the last 3 decades? Gianluigi Lentini was once the world's most expensive footballer, when he moved from Torino to Silvio Berlusconi's Milan for 18.5 billion Italian lire (£13 million) in 1992. $7 million.