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By all accounts Bernhard Gubser was living the American Dream. Born in Switzerland he moved to the Land of the Free in the early 1980s to work at an international shipping company based in Laredo, Texas. Eventually Mr. Gubser worked his way up to be President of the company and
Warren Buffet has famously said many times that the vast majority of investors shouldn’t bother picking stocks. Instead, he’s advised everyone from Lebron James to his own children to simply buy an S&P index fund and hold it ‘for the next 50 years.’ He’s probably right; most people probably should
I’ve often joked very tongue-in-cheek that Donald Trump is the only person qualified to be President simply because he’s declared bankruptcy four times. Trump himself talks up his own debt credentials, saying “I’m the King of Debt,” and “I know more about debt than practically anybody.” He’s flat wrong, of
Today the IRS published the latest figures on renunciation, showing that yet another 1,158 Americans have renounced their citizenship in the first quarter of 2016. While this may not be setting a record for a single quarter, the trend is quite clear.
Well, it finally happened. After months of innuendo, the European Central Bank (ECB) announced last night once and for all that they will no longer produce the 500 euro note. The 500 euro note is the highest denomination of physical currency in the euro zone, and they’ve been talking about
There’s something about being insanely rich that people will believe every word that comes out of your mouth no matter how bizarre. And no, I’m not talking about Donald Trump. Warren Buffett is an even better example. As one of the richest men in the world, Buffett’s opinions carry almost
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