Leo Bivar

Gestor de Patrimônio | Sócio na Sonora Capital

[Leo Bivar @leobivar]

@guibsondantas Fé em Deus! 🙏

[Rene Sellmann @ReneSellmann]

Morgan Stanley dropping 20 years of quality investing lessons in one slide:

1️⃣ Pick great stocks, then let compounding run
2️⃣ Know what you own – opacity isn’t a dealbreaker
3️⃣ Judge management, not marketing narratives
4️⃣ Benchmarks mislead – error tracking beats comparison
5️⃣ Risk mgmt = absolute, not relative
6️⃣ What you don’t own matters too
7️⃣ Conviction deserves concentrated sizing
8️⃣ Valuation > earnings optics – focus on true FCF
9️⃣ Win over years, not quarters – find long-term holders
🔟 Stay curious, question everything, even yourself

[Sahil Bloom @SahilBloom]

A Christmas morning reflection…

95%

By the time your child turns 18, you've spent ~95% of the time you will ever spend with them in your lifetime.

There are specific windows, much shorter than you care to admit, during which certain people and relationships will occupy your life.

You may have only one more summer with all of your siblings. Two more trips with that old group of friends. A few more years with your grandpa. A handful of encounters with that coworker you love. One more long walk with your parents.

If you fail to appreciate these windows, they will quickly disappear.

Time Wealth is about an awareness of these windows.

But more importantly, it’s about taking action against that awareness.

It's about recognizing that you are in more control of your time than you realize.

That you can take actions to create time with the people you love most.

That you can bend these curves.

That 95% is an average—and you’ve never wanted to be average in anything your entire life.

So, show up to that recital. Plan that trip with old friends. Grab that quick coffee. Go on that walk with your parents. Have that meal with your sibling.

In the end, it's not about the journey, it's not about the destination, it's about the company. The people along the way.

Cherish the people and the rest will fall into place as it should.

[Ray Dalio @RayDalio]

In most organizations, evaluations run in only one direction, with the manager assessing the managee. The managee typically disagrees with the assessment, especially if it is worse than his or her self-assessment, because most people believe themselves to be better than they really are. Managees also have opinions about managers that they wouldn't dare bring up in most companies, so misunderstandings and resentments fester. This perverse behavior undermines the effectiveness of the environment and the relationships between people. It can be avoided by getting in sync in a high-quality way. #principleoftheday

[Oaktree @Oaktree]

Listen to the latest memo from @HowardMarksBook to hear more about the importance of prudence and selectivity in navigating the transformative yet unpredictable AI landscape. #OaktreeInsights #OaktreePodcasts

Listen: https://t.co/cu66MoLyQj

[Oaktree @Oaktree]

ICYMI: @HowardMarksBook recently joined @Bloomberg Surveillance to discuss #AI and his latest memo, Is It a Bubble?

Read the memo: https://t.co/7bMp9OLFWj
Watch the interview: https://t.co/w6wApznxPg

#AlternativeInvesting #InsightsInFocus

[Leo Bivar @leobivar]

O efeito Dunning Kruger descreve um padrão bem humano: quando a gente sabe pouco sobre um tema, tende a superestimar a própria competência. Não é só “arrogância” é falta de repertório para perceber o que ainda falta. A ignorância costuma vir acompanhada de uma confiança alta.

[Leo Bivar @leobivar]

O voto mais fácil de decidir na história do Sport: coragem, atitude, competência e capacidade.

@Sporteterno8708

[Leo Bivar @leobivar]

Toda eleição é uma chance rara de reorganizar a esperança.

[Leo Bivar @leobivar]

@jlbraga @JInstagramer kkkkkk boa. Lito é muito massa

[Leo Bivar @leobivar]

@DidiGayoso Perfeito!

[Jurandyr Gayoso @DidiGayoso]

Bora Bala . TMJ

[Juliano @JulianoCarloSCR]

Por que votar em @paulobivar e @ManoloDaMassa é seguro?

Porque é o único time que já reconstruiu o Sport nas mesmas condições:
acesso em 2019 e permanência em 2020.
Em 2026, o clube vai precisar exatamente dessa experiência.

Quer maximizar a chance de voltar à Série A?
É Paulo.

[Sport Eterno - Mudança Pra Vencer! @Sporteterno8708]

Vem com a gente lutar para recolocar o nosso Leão da Ilha na Série A! 🦁❤️🖤
Open de chopp + rodízio completo 🍻🥩

Jantar de Adesão – Promo até sexta: R$ 87,08
(87 É NOSSO! 2008 TB)

📅 10/12, às 19h
📍 Boi e Brasa Ilha do Retiro
💳 Chave PIX 81 99409-9840

[Leo Bivar @leobivar]

@FariaLimaElevat If you dont belong, dont be long.

[Leo Bivar @leobivar]

@luizfalvesjr Gostei da analogia. É por ai, na hora do caldo tem que manter a calma. Quando a ansiedade bate o folego acaba .

[Leo Bivar @leobivar]

@RafaelPaschoare Absurdo isso !!

[Leo Bivar @leobivar]

@SJosephBurns Green Mile

[Leo Bivar @leobivar]

@roderix1966 Perfeito rodrigo

[Leo Bivar @leobivar]

@sf2invest @CorujaInvest @guiisalgado Pois é sergio