Felipe Miranda, co-founder and chief strategist of the financial publication Empiricus, has laid out some of the principles and rules that guide the company’s investment plans. Some of Miranda’s policies include the concept of buying cheap and selling high. He notes, however, that the stock price of a company does not define its total value, and that outside influences can cause surprises.
Miranda also says that it is essential to make mistakes and learn from those mistakes, going on to say that the fear of making mistakes can often cause more problems than the errors themselves. Miranda also makes it clear that investing is complex, and no investor can make accurate predictions one hundred percent of the time. He says that opinions are mostly worthless and that hard data should be relied on when looking at and choosing investments. Find Additional Information Here.
Miranda founded Empiricus in 2009, along with Rodolfo Amstalden, Marco Elias, and Caio Mesquita. Prior to the founding of the company, Miranda and Almstead worked as university professors, Elias was a Link broker, and Mesquita had lead Brascan Bank and BNP Paribas. See This Article for additional information.
In 2012, Elias departed from the company, and the remaining three founders reimagined the core concept of their business idea: bringing investment advice to the people. In 2013 Empiricus spread to a much wider audience thanks to a partnership with the American company Agora. Agora, which operates in sixteen different nations, allowed more readers to access the business rules and market advice given by Empiricus.
Empiricus applies a pyramid strategy to its operations. It is garnering many subscribers who enjoys insights from a free newsletter forming the base of the company’s pyramid.
In 2014 the company launched what is now its main product: the Empiricus Portfolio. Subscribers receiving the Empiricus Portfolio get advice on real estate investing, multi-market allocations, gold allocations, equity, and fixed income investing. This all-weather portfolio was inspired by the work of American investor Ray Dalio, who founded the firm Bridgewater Associates.
More about Empiricus on https://www.99jobs.com/empiricus