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[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] In a crisis, it helps to have good counsel. Consider the following sage advice from investment strategist Mike Tyson: “Everyone has a plan ‘til they get punched in the mouth.” Or as German military strategist Helmuth von
Eight centuries ago as Marco Polo traveled across the vast dominion of the Mongolian Empire, he encountered what few westerners had ever seen. One of those astonishing experiences was how the Mongols happily and willingly used paper currency. Marco Polo was so intrigued by this that he devoted an entire
I had a bit of a housewarming party a few days ago with a pretty diverse group of friends, many of whom had moved here to Chile from foreign countries. One girl that I know is a tattoo artist from New York. Now, back in the United States, she has
If you’re not watching it purely for the entertainment value, sitting through a State of the Union speech ranks somewhere between a colonoscopy and a root canal. Every year I opt for the former (entertainment value, not colonoscopy). But because I live overseas, one of the added entertainment benefits is
Switzerland is famous for being punctual. The trains. The buses. The meticulously crafted, hand polished luxury watches. The Swiss are so culturally punctual that they even tend to pay their taxes well in advance of the filing deadline. So it was quite a shock to hear this morning that the
[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] In the field of mathematics, chaos theory studies the behavior of systems that are highly sensitive to initial conditions. The idea in chaos is that, like life itself, where you start today has tremendous influence on what
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