<![CDATA[The Independent Thinking]]>https://www.theindependentthinking.comhttps://substackcdn.com/image/fetch/$s_!VWC4!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fafad2a36-2cba-476f-a82c-b19b5c2c0622_1280x1280.pngThe Independent Thinkinghttps://www.theindependentthinking.comSubstackSun, 17 May 2026 22:00:15 GMT<![CDATA[Intel Inside]]>https://www.theindependentthinking.com/p/intel-insidehttps://www.theindependentthinking.com/p/intel-insideFri, 24 Apr 2026 18:41:53 GMTYesteday my wife told me how happy she was with Intel.

the intel logo is shown on a white cube
Photo by Rubaitul Azad on Unsplash

As our readers may recall, Intel paid for our entire vacation last year… what I prefer to call mini-retirements…

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]]><![CDATA[Urgent matter]]>https://www.theindependentthinking.com/p/urgent-matterhttps://www.theindependentthinking.com/p/urgent-matterThu, 02 Apr 2026 12:52:50 GMTDear reader,

I bet you already know that…

Since the start of the Iran war…

  • Jet Fuel +78%

  • Gasoline +47%

  • Diesel +44%

  • Fertilizer +29%

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and as of march, 31st, 2026.

  • NVIDIA -7.65%…

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]]><![CDATA[Apple may got a secret network effect.]]>https://www.theindependentthinking.com/p/apple-may-got-a-secret-network-effecthttps://www.theindependentthinking.com/p/apple-may-got-a-secret-network-effectFri, 27 Mar 2026 16:23:15 GMTMarch 27, 2026.

The Wealth Strategist

Dear reader,

We believe this hypothesis could be valuable for our subscribers.

Imagine you have many clients in your company, and they are eager to buy new products …

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]]><![CDATA[Wealth Strategist]]>https://www.theindependentthinking.com/p/wealth-strategisthttps://www.theindependentthinking.com/p/wealth-strategistFri, 20 Mar 2026 18:06:14 GMTDear reader,

For more than five years, our publications (500+ essays) has examined recurring questions about business, capital allocation, and wealth creation, reaching readers across more than 15 cou…

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]]><![CDATA[The Vice President]]>https://www.theindependentthinking.com/p/the-vice-presidenthttps://www.theindependentthinking.com/p/the-vice-presidentFri, 13 Mar 2026 15:31:59 GMTMarcelo Marini, questioning the many layers of unproductive roles in companies, and society.

Is it worth sharing your time with the Bank’s VP? We have our questions…

grayscale photo of man holding paper
Photo by Museums Victoria on Unsplash

In my job, I talk to people all over the world.

Sometimes I’m in China, Germany, Uruguay, Brazil… each place is unique, especially because of its people.

One Chinese competitor who once made an offer to buy us told me that Brazil’s roads were zigzagging—he was right. He later mentioned that his first trip to Brazil was very peculiar.

Although Brazil is an expensive country, roads, infrastructure, and business are not costly compared to other places.

When I lived in the US, some friends told me Brazilians are very rich. In a way, they were right—we eat well, spend well. However, the taxes we pay to the government don’t translate into public infrastructure.

Yesterday, I had the embarrassing privilege of meeting the vice-president of one of the largest banks in Brazil. He came to the office with his team.

The moment I heard his name, I thought the investor relations website would provide better context for the funny thing that happened next…

What they do? Is it good or bad?

Many companies have dozens of Vice-Presidents and CEOs.

The case is well-known among investors… It’s really unproductive. Sometimes I wonder if they even know what they do. Still, they have a paycheck, and they have to keep moving…

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]]><![CDATA[When it comes to investing, everyone seems to know what to do...]]>https://www.theindependentthinking.com/p/when-it-comes-to-investing-everyonehttps://www.theindependentthinking.com/p/when-it-comes-to-investing-everyoneWed, 11 Mar 2026 21:11:35 GMTMarcelo Marini, Corporate Finance Specialist, observing the many errors and mistakes that even smart people make...

The trenton electric water company stock certificate
Photo by Community Archives of Belleville and Hastings County on Unsplash

Most people spend their time reacting to headlines, forecasts, and opinions...

Few step back to examine how businesses actually work, how capital is truly created or destroyed, and why “intelligent” people repeatedly make the same business and financial mistakes...

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Each week I write a new essay examining a problem, idea, or observation drawn from the realities of business, finances and independent thinking— something I’ve been doing for the last decade... sometimes pleasantly, sometimes not so...

Some letters challenge conventional wisdom. Others explore mistakes that quietly destroy value. Many begin with a simple question. Or an affirmation that we may doubt.

Often, the most interesting part of the discussion is the one that remains unfinished until the following week...

This week, we explore the mistakes smart people make when it comes to investing.

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]]><![CDATA[Long-Term Value Generation]]>https://www.theindependentthinking.com/p/long-term-value-generationhttps://www.theindependentthinking.com/p/long-term-value-generationWed, 25 Feb 2026 15:27:31 GMTThis is , financier and MBA in corporate finance, writing the Weekly Thoughts for , on January 26, 2026.

a group of cars parked in front of an apple store
Photo by redcharlie on Unsplash

Over the past ten years, and its over 500 editions, our missives…

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]]><![CDATA[Protected from certain uncertainty]]>https://www.theindependentthinking.com/p/protected-from-certain-uncertaintyhttps://www.theindependentthinking.com/p/protected-from-certain-uncertaintyWed, 18 Feb 2026 21:14:50 GMTToday we write about capital flows, market dynamics, and the forces shaping Brazil’s financial landscape…

This is the Monthly Strategic Intelligence edition… as we continue to try to understand how the business and financial world works, avoid costly mistakes that can deploy significant amounts of capital and time… prevent mistakes and poor decision‑making.

In this paid edition we bring independent thinking hypotheses that nobody has written about… unconventional reflections on Brazil’s “booming” financial markets, exploring why capital is flowing in, what global investors are seeing in overlooked opportunities, and how these dynamics may also introduce new BIG fragility.

It pays to think independently.

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Photo by Sven Godec on Unsplash

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]]><![CDATA[Fog Market. Fly on Auto-pilot]]>https://www.theindependentthinking.com/p/fog-market-fly-on-auto-pilothttps://www.theindependentthinking.com/p/fog-market-fly-on-auto-pilotThu, 12 Feb 2026 20:12:30 GMTWe are not trying to predict the future, however we have to choose where to step each path we make.

If you are flying on auto-pilot you are not in risk… your command center is measuring the future… the Data… the Big BIG… it has no doubts, no questions, no fog… it just works… or maybe not.

If you have liquidity and AI you may be in trouble... — Marcelo Marini

So today we question our dear readers and clients about the money in your pocket and the money out of your pocket… is it good? Is it bad? Our Terminal models (not AI) determine if enough is enough…

high-rise buildings covered with fog
Photo by Patrick Tomasso on Unsplash

We live in a complex world… think… If you have liquidity, the more you read financial news, the more likely you are to transact. The more you transact, the more costs you have with companies that may invest a lot of money in news articles and advertising you read.

Dear reader,

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]]><![CDATA[The problem you never solve]]>https://www.theindependentthinking.com/p/the-problem-you-never-solvehttps://www.theindependentthinking.com/p/the-problem-you-never-solveFri, 30 Jan 2026 21:24:18 GMTToday we share our thoughts on persistent problems…the never solved ones… facts omitted… views never known… lack of business skills, investor-business thinking , analytical thinking, rationality, checklists, data-analysis… fail…

clear glass building
Photo by Joel Filipe on Unsplash

And why they prefer AI… news and explanations… never enough… and the answer they don’t know…

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]]><![CDATA[What do you wanna eat?]]>https://www.theindependentthinking.com/p/what-do-you-wanna-eathttps://www.theindependentthinking.com/p/what-do-you-wanna-eatFri, 23 Jan 2026 19:36:11 GMTYou avoid certain behaviors, surround yourself with a great circle, keep learning, and steer clear of costly mistakes that destroy capital, your ability to think, and your chance to live a better life. What more do you need?

AI? News? Reading what a machine offers you? Being inundated with advertisements? Where will your mind end up? What do you wanna eat? AI?

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Photo by Scott Goodwill on Unsplash

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]]><![CDATA[Goals & Execution]]>https://www.theindependentthinking.com/p/goals-execution-and-the-gap-in-betweenhttps://www.theindependentthinking.com/p/goals-execution-and-the-gap-in-betweenWed, 14 Jan 2026 21:19:42 GMTThis is a paid newsletter. Welcome to our new subscribers. Today marks the second Wednesday of the month, and I am writing the Monthly Letter to our paid subscribers of The Independent Thinking. This is a particularly special edition.

In this issue, I am sharing an in-depth report on Goals and Execution. We encourage readers to take the time to read it carefully, print it if useful, and, above all, put it into practice. Consider how far consistent execution can take you. I will see you next week with our Weekly Thoughts.

It pays to think independently.

Dear reader,

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]]><![CDATA[The quiet gains]]>https://www.theindependentthinking.com/p/the-quiet-gainshttps://www.theindependentthinking.com/p/the-quiet-gainsWed, 07 Jan 2026 15:26:25 GMTThis is a paid newsletter I’m writing today (wednesday), to tell our paid-readers how I silently made around 100%...50%...30%... in last 2 months and very few people are doing it… I’m also sharing my thoughts on “future stocks” and “forgotten stocks” themes and mentioning where you can learn about it. Both are part of the courses we teach on our platform.

When someone asked me about our “mini-retirement” trip I said that “this company” was paying for it. What company was that? Was it true? Completely.

Get 50% off forever

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]]><![CDATA[Mini-retirements are better than vacation]]>https://www.theindependentthinking.com/p/mini-retirements-are-better-thenhttps://www.theindependentthinking.com/p/mini-retirements-are-better-thenMon, 05 Jan 2026 15:05:41 GMTGet 50% off forever

Dear reader,

We are back from pause... Welcome to the new subscribers that came in during our mini-retirements. We structured our business in a way that its almost completely autonomous…We take mini-r…

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]]><![CDATA[“Switzerland”]]>https://www.theindependentthinking.com/p/switzerlandhttps://www.theindependentthinking.com/p/switzerlandFri, 02 Jan 2026 15:41:31 GMTHappy New Year! We are writing from “Switzerland” of South America. Welcome to 2026, we are launching our New Website today (more below) and there’s a special opportunity for our readers to keep me i…

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]]><![CDATA[Life is a gift]]>https://www.theindependentthinking.com/p/life-is-a-gift-dc8https://www.theindependentthinking.com/p/life-is-a-gift-dc8Thu, 25 Dec 2025 14:11:56 GMTIt’s becoming a tradition to share some of our favorite Christmas songs with our dear readers.

green Christmas tree
Photo by Tessa Rampersad on Unsplash

Today we take the time to appreciate how happy we are to have you her…

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]]><![CDATA[Independent Wealth Creation]]>https://www.theindependentthinking.com/p/independent-wealth-creationhttps://www.theindependentthinking.com/p/independent-wealth-creationFri, 12 Dec 2025 19:18:41 GMTDear client,

How we created an independent view of business, finances and wealth for ourselves and that set the terms for an independent wealth creation approach that benefited our friends, family and clients around us.

How to create solid wealth building structures for yourself and your family… This newsletter can be sold by $ 10,000 dollars… although what you can create by the creation of this is priceless. Better yet, to live the life of your dreams and interact with people you like and admire.

aerial photography of white yacht on calm waters
Photo by nikldn on Unsplash

Basically we write about our proprietary models, business and financial strategies only for our clients, as we focus having few things on our generally full-agenda.

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]]><![CDATA[Buying Tranquility]]>https://www.theindependentthinking.com/p/buying-tranquilityhttps://www.theindependentthinking.com/p/buying-tranquilityThu, 11 Dec 2025 16:29:30 GMTIf you think about Cristiano Ronaldo, J.B., and those we mentioned this week, and what’s common about them, is that they receive income, invest, and live with passive income.

Are they buying tranquil…

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]]><![CDATA[Who is coming for Christmas this year?]]>https://www.theindependentthinking.com/p/who-is-coming-for-christmas-thishttps://www.theindependentthinking.com/p/who-is-coming-for-christmas-thisWed, 10 Dec 2025 19:45:00 GMTDear clients,

Today is Wednesday, when I sit to talk to our clients.

100 US Dollar banknote
Photo by 金 运 on Unsplash

Holidays:

Our office will be closed for holidays. Please review the information below.

Closed: 15 Dec 2025 - 4…

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]]><![CDATA[CR7 meets... "Dubai of Brazil"]]>https://www.theindependentthinking.com/p/cr7-meets-dubai-of-brazilhttps://www.theindependentthinking.com/p/cr7-meets-dubai-of-brazilWed, 10 Dec 2025 14:24:05 GMT
top view shot of seashore
Photo by Luis Fernando Oliveira on Unsplash

Cristiano Ronaldo, is living the life he wants… he can’t complain… most people admire him, sometimes secretly. He told, he can give you the maps… but, are y…

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