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January 20, 2017 Sovereign Valley Farm, Chile It’s hard to argue with Barack Obama’s jump shot. I can’t imagine Rutherford B. Hayes having that kind of game. Or his swagger. Comedic timing. Even charisma. And there have been plenty of times over the last eight years when, in all seriousness,
In the mid-1800s at a time when the United Kingdom was still the dominant superpower in the world, an English scientist named Francis Galton wrote a series of papers arguing for the selective breeding of human beings. Galton’s ideas became known as eugenics. The concept was that genius and talent
[Editor’s note: Tim Price, London-based wealth manager and co-manager of the VT Price Value Portfolio, is filling in for Simon today.] Here’s some food for thought. There’s been so much discussion over the past few years, and 2016 in particular, about the roaring US economy and stellar performance of US
I’ve got auditors sitting in my office here in Santiago right now. No, not those auditors. Not the kind from the IRS that strike fear in the hearts of taxpayers. The auditors in our office are from one of the big international accounting firms, and we invited them to review
Not too long ago my step-dad had to spend a few days in intensive care. Pretty scary stuff. He had just about every nasty symptom imaginable, from constant vomiting to dizziness to ultra-high fever, but the doctors couldn’t figure out why. Fortunately his condition improved enough that he was released
The state of Michigan is not exactly known for its balmy weather this time of year. And residents reasonably do what they have to do to cope with often extreme winter temperatures. Last Thursday a man named Taylor Trupiano of Roseville, Michigan did what a lot of people do in
Yesterday on the drive back to Santiago from one of our blueberry farms, I stopped to visit some friends who lived in the area. About a year ago they bought some land in Chile’s incredibly fertile 7th region, which boasts a rare Mediterranean climate. It never gets too hot, and
I remember the first time I ever saw a $100 bill. It was back in the early 80s, I must have only been 5 or 6 years old. My parents took my sister and I to a fancy restaurant, and I distinctly remember a man dressed in a dark business
Steve Kroft has a problem with second passports. Specifically, the reporter and his team of producers slammed “Citizenship By Investment” programs in an editorial piece that aired on 60 Minutes this past Sunday night. As we’ve discussed before, many countries around the world, including Malta, Dominica, St. Kitts, and Antigua,
According to the latest statement issued yesterday afternoon by the Department of Treasury, the US national debt has reached $19,976,826,951,047.80. That’s $19.976 trillion, as of the close of business on Friday December 30, 2016. (The government is typically a day or two behind when it sends out these reports.) That
It’s amazing what can happen in a week. Before this publication went on hiatus last week, one of the last letters I wrote to you in 2016 was about the National Defense Authorization Act and its treasure trove of freedom-killing provisions. Section 1287, for example, creates a new agency called
In the late 1400s, the city-states of Italy were among most dominant powers in the world. Most of the city-states had abandoned the feudal system that persisted across Europe. So Italy was one of the only places on the continent where anyone, including foreigners, could work hard, take risks, and
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