Stay Up To Date
Critical Topics We Cover
On Friday March 15, 2013–just over three years ago–people across the entire nation of Cyprus went to bed believing that everything was OK. The next morning they woke up to a different reality. It turned out that their banking system was totally broke. After suffering enormous losses, banks no longer
[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] “It is because the public are a mass – inert, obtuse and passive – that they need to be shaken up from time to time so that we can tell from their bear-like grunts where they are
Last year, amid all the madness in financial markets, financial historian and strategist Russell Napier joked about creating a “European high-yield capital guarantee fund.” His “high-yield” fund was nothing more than a secure room filled with physical cash, and a guy standing outside with a gun to guard it. As
If you haven’t seen the 2015 Best Picture nominee, The Big Short, I strongly recommend it. The Big Short is based on Michael Lewis’ book which examines how such an extraordinary financial crisis gripped the world in 2008, and the handful of people who saw it coming. The movie opens
[Editor’s note: Sovereign Man’s Chief Investment Strategist, Tim Staermose, is filling in for Simon today.] One of the wealthiest countries in the world– the place where there are more millionaires per capita than anywhere else on the planet– now has a dirt cheap stock market. It’s Singapore. And right now,
“Prosperity is like a Jenga tower. Take one piece out and the whole thing can fall.” That’s a direct quote from John Williams, the President of the San Francisco Federal Reserve Bank in a speech he gave a few weeks ago. He could have just as easily been talking about
Maybe it’s greed. Or fear. Or blatant irrationality. But there’s something inside human nature that makes us think unsustainable situations can last forever. One of those has been the meteoric rise of the US dollar, particularly over the last year. The dollar became king once again in 2015, towering over
[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] “Simple but not easy” – The title of Richard Oldfield’s book about value investing. It has a young, highly educated population. 60% of its people are under the age of 35. It has a literacy rate of
I’m looking for motivated, ambitious, talented people who know deep down that they can do amazing things in this world if they have the right mentorship. If that sounds like you, you need to know about our annual Liberty and Entrepreneurship camps. Each summer we gather top business and financial
The 12.5 hours spent crossing the Pacific on Qantas flight 27 feels like going through a wormhole. The flight departs Sydney, Australia at 12:50pm and arrives to Santiago, Chile the same day at 11:20am. In other words, the plane lands 90 minutes before it departs. When I landed yesterday, the
Human beings have come up with some crazy ideas for money and finance over the years. Conch shells. Beads. Animal skins. Salt. Rice. All of these were used as a form of money at one time or another. But the strangest by far has got to be the Rai Stones
[Editor’s note: This letter was penned by Tim Price, London-based wealth manager.] In his book What works on Wall Street, James O’Shaughnessy analysed a variety of strategies that delivered market-beating returns in the US stock market. Value investing proved to be one of the most outstanding. O’Shaughnessy took a variety
Stay in the loop
