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There’s something pleasantly reassuring about mathematics: We shouldn’t have any doubts about the fact that 2 + 2 = 4. Yet over the past few years, we’ve started seeing the most absurd assaults on basic science and mathematics. The most hard-core fanatics now assert, with a straight face, that it’s

The first time I ever visited Zimbabwe in late 2010, the country was barely one year removed from the end of its legendary hyperinflation. Hyperinflation in Zimbabwe had become so extreme– roughly 90 billion trillion percent (that’s not a misprint)– that the government finally capitulated in 2009 and simply abandoned

In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be

Uruguay is widely known for its exceptionally frugal former president, José ‘Pepe’ Mujica, a farmer and former revolutionary who was in office from 2010 to 2015. What the country is not known for, however, is its tax incentives. Let’s get into the details below… Caveat Emptor: We are not professional

In 1958, Leonard E. Read wrote the book I, Pencil. As the book’s title suggests, this is the story about a pencil, told from the pencil’s perspective. The pencil traces his beginnings – from the cedar forests of Northern California and Oregon – to the mill in San Leandro, California,

By the time an army of 80,000 Russian troops invaded Ottoman territory in June 1853 at the outbreak of the Crimean War, the imperial finances of the Ottoman Empire were already a complete disaster. The Ottoman Empire had once been the most dominant superpower in the world. But that had

In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be

Italy is a fabulous destination, offering stunning, varied landscapes, sumptuous cuisine, great weather, and attractive tax incentives. Unlike rivals Portugal and Spain, however, the country’s residency options have historically left much to be desired. But for the right person, Italy’s relatively unknown Representative Office Visa could be an excellent option.

The top two headlines in today’s Wall Street Journal say it all: The first one is “US Inflation Accelerated in August as Gasoline Prices Jumped”. And the second explains that “Exploding Budget Deficits” are here to stay. These are technically two different stories about two separate issues. But I’ll show

By the late 1800s, the South Pacific island chain of Samoa faced an existential crisis. After squabbles between German, British, and American forces over the previous decades, Germany had taken the western islands of Samoa, and asserted its unpopular control over the people. The eastern islands, however, were controlled by

In a world full of unimaginable absurdity, we spend a lot of time thinking about the future… and to where all of this insanity leads. “Future Headline Friday” is our satirical take of where the world is going if it remains on its current path. While our satire may be

[Editor’s note: Today we’re providing a preview of the most recent edition of the 4th Pillar – our premium investment research service which focuses on the most critical ‘real asset’ businesses.] Before oil, there was coal. It was coal that powered the industrial revolution in the UK and then across
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