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Forget Norway. Japan. Iceland. Switzerland. Or any of the other places around the world that are notorious for being painful on the wallet. Venezuela is now the most expensive country in the world, hands down. To give you an idea, the cost of a 15-minute taxi ride to the beach
Just in case anyone still foolishly believes that there’s a shred of decency left in the ‘justice’ system in the Land of the Free, I would humbly present exhibit A: Edward Snowden. In a recent interview with the BBC, Edward Snowden disclosed that he has offered numerous times to the
Last night after a flurry of legal meetings and property tours throughout the day, I had drinks with a Canadian real estate developer who set up shop here in Medellin a few years ago. He told me a great story about his family background– he comes from a long line
Roughly 100 kilometers outside of Medellin, Colombia’s second largest city, is a veritable paradise. I spent an incredible weekend with some friends there, high up in the Andes riding horseback and exploring the quaint coffee villages of Colombia’s beautiful highlands. It was amazing. The weather is just perfect. The high
Growing up in the US I heard the same stories as everyone else about Colombia. Corruption. Drugs. Kidnapping and ransom. Narcoterrorists. Pablo Escobar. From the ivory towers in our suburban enclave, it seemed ludicrous why any sane individual would risk life and limb to visit such a dangerous place. Hollywood
Yesterday the leading presidential candidate in the Land of the Free released his tax plan in the Wall Street Journal. And the Donald certainly did not disappoint his supporters. His tax plan is bold, aiming to drastically simplify the tax code and reduce the number of individual income tax brackets
Nearly four months ago on June 2nd, something very unusual happened in Edmonton, Alberta, Canada. The price of propane actually became negative, hitting an unbelievable -0.625 cents per gallon. It’s hard to believe that the price of a productive commodity could become so beat down by the market that producers
On May 28, 1816, Thomas Jefferson penned a letter to his friend John Taylor deeply criticizing the use of debt to fund a government’s excessive operations: “[T]he principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale,” Public
September 25, 2015 Sovereign Valley Farm, Chile A few days ago a young entrepreneur came to me with her big idea for a business. This happens a lot, sometimes even 3-4 times per week. And while our selection rate is very low, I pay attention to each and every pitch
September 22, 2015 Victoria, Chile About ten days ago, I had the pleasure of going through final procedures to obtain my permanent residency permit here in Chile. Sitting in the waiting lounge of the Civil Registry office in downtown Santiago, I found myself struck by the mix of people. Many
September 21, 2015 London, England [Editor’s Note: Tim Price, London-based wealth manager and frequent contributor to Notes from the Field, is filling for Simon today.] As a child I was fascinated by the concept of a neutron star, the tiny but immensely dense thing that’s left after a massive star
September 18, 2015 Sovereign Valley Farm, Chile It’s a big holiday today in Chile, what they call Fiestas Patrias. It’s sort of like their 4th of July or Canada Day. And it’s a big deal here… easily as important a holiday as Christmas or New Year’s. Down here at the
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