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Luca Ferrari

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
972 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

We were doing only apps initially.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

Now we do all sorts of technology and software, but Appeal, I think it's awful.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

For some reason, the Luca from 2013 thought it was brilliant.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

So it got five stars out of five, but we picked Benisprous.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

And the reason why we liked it was it connected to two principles or values that are still very dear to us.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

One is

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

Call it the power of the mind.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

The idea of bending spoons somehow, at least to me, it inspires this vision of a powerful mind that can do things that appear impossible.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

And we're big believers that the human brain has incredible potential if you work on it and add it and try to really give it the tools.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

And the second reason why we loved it was that even if you have that brain, it, again, just intuitively feels to get to the point where you can bend spoons.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

You've probably worked really hard at your craft.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

And we like the idea of almost anything in life that has value, you gotta work at it.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

I think it's true with a family, romantic relationships, your craft as a professional.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

your ability as an athlete.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

I think almost anything that will really give you satisfaction requires work.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

And plus, it was a unique name.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

We hadn't heard of any company called Bending Spoons, and so we figured it's probably memorable.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

Let's go for it.

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

One is, how do you determine your returns as a function of price?

Invest Like the Best with Patrick O'Shaughnessy
Luca Ferrari - Building Bending Spoons - [Invest Like the Best, EP.446]

The second one is, how do we stay disciplined so we will really not pay more than we believe is right based on our expected returns, opportunity cost, what else we could be doing with that capital and what returns?