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‘Mrs. F.’ was 84 years old the first time she ever went to prison. Her crime? Petty shoplifting. She stole rice, strawberries, and cold medicine. She served her time. Got released. Then shoplifted again so that she’d go back to prison. She’s now 89 years old serving out another 2
US National Debt:Shocking Facts & How You Can Protect Yourself AUTHOR PUBLISHED What if I told you that by the time you finished reading this sentence, the US national debt would have shot up by $364,000? Or – that by the time you wake up tomorrow, the debt will have
Yesterday I spent the day up in the mountains above Medellin with some colleagues, touring a cannabis plantation that I invested in a few years ago. Cannabis production is now legal in Colombia. And the company is one of a handful that has a license. I’m not a user myself,
[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular Notes articles of 2018. Today’s article was originally published on March 14, 2018.] It’s been a few months since I’ve traveled to Medellin– I have
By the late summer of 30 BC, ancient Rome had been embroiled in an almost endless, decades-long period of instability and civil war. Twenty years prior, back in 50 BC, Julius Caesar and Pompey the Great had waged a long, bloody conflict against each other for control of Rome, one
On April 15, 1185, over eight centuries ago, a powerful earthquake struck the East Midlands region of England near the town of Lincoln. Modern scientists estimate the magnitude of the earthquake at 5.0 on today’s Richter scale… which was a pretty big deal back then. Medieval England didn’t have any
The government hasn’t yet figured out how to tax having sex. But Rhode Island at least wants to tax pornography. Yes I’m serious. It starts with censorship: two Rhode Island state senators just introduced legislation that would require Internet Service Providers (ISPs) to block all “sexual content and patently offensive
The Securities and Exchange Commission clamped down on cryptocurrency firms last week in a major way. The regulatory body issued dozens of subpoenas (some groups estimate more than one hundred) to companies that conducted or advised on initial coin offerings (ICOs). Notes readers aren’t surprised, as I’ve long warned that
Week before last, I told you about how the brand-new President of South Africa, Cyril Ramaphosa, made an impassioned speech calling for the confiscation of real estate from white land owners. It was a pretty remarkable thing to say during what was literally his first week in office. You’d think
In our discussion on Monday, we talked about the latest annual letter from Berkshire Hathaway, Warren Buffett’s holding company. The big takeaway from that piece is that Berkshire Hathaway now holds a record $116 billion in cash. More importantly, Buffett is NOT a buyer right now. As he wrote in
We’ve all seen the headlines: the cost of university education in the United States has become completely debilitating. And student debt keeps rising to record high levels. It’s almost commonplace now for a 22-year old to graduate from university with $50,000+ in student debt. According to data from the Federal
Earlier this month, the United States government released its annual financial report for the year 2017. This is something the government does every year, similar to how large companies like Apple, or Warren Buffett’s Berkshire Hathaway, publish their own annual reports. Unlike Berkshire and Apple, though, whose financial reports typically
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