Make Money Mondays, Evergreen Content

'I’ve never invested in the stock exchange. I know it too well'

(The Money Show is brought to you by Nedbank. See Money Differently.)

Politicians should do it for the greater good… if salaries were to decrease… more people will do it for passion, and I think that’s the way to go.

Professor Lorenzo Fioramonti

I invested in cryptocurrencies at the very beginning… Bitcoin is still at $6000… the economy is changing so rapidly… some of the conventional wisdom doesn’t work anymore…

Professor Lorenzo Fioramonti

Each week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays, Personal Edition” feature.

This week he interviewed Professor Lorenzo Fioramonti.

Fioramonti is the Italian Deputy Minister of Education.

He has, however, kept his job (he's on unpaid leave) as the Director of the Centre for the Study of Governance Innovation at the University of Pretoria.

Fioramonti has been a guest on The Money Show twice before:

He is known for viewing Gross Domestic Product (GDP) as a poor metric for measuring economic health and an impediment to building better societies.

  • What does Fioramonti believe about money?

  • Does it keep him up at night?

  • Does he have any extravagances?

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

I miss South Africa a great deal…

Professor Lorenzo Fioramonti

My theories are very radical…

Professor Lorenzo Fioramonti

Europe and Africa are brothers and sisters… They can only succeed or fail together… Colonialism is in our blood… We have to find a different way… There’s a risk that Europe will have a more hostile relationship with Africa…

Professor Lorenzo Fioramonti

I kept my job in Pretoria… I’m on unpaid leave…

Professor Lorenzo Fioramonti

My first job was I academia… This is only the second time I leave it...

Professor Lorenzo Fioramonti

Academia is not the highest paying sector, but it’s good quality money… you can save... As a public servant, I get a good salary…

Professor Lorenzo Fioramonti

I bought a small shop in Rome… it wasn’t a great investment… I bought a little apartment in Berlin. At the time it was cheap… now, the value is more than three times as much.

Professor Lorenzo Fioramonti

I’ve never invested in the stock exchange… because I know it too well…

Professor Lorenzo Fioramonti

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