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Recently I was having drinks with a friend of mine who is an ultra-successful US real estate developer and investor. He told me that his team had just closed a large real estate transaction worth hundreds of millions of dollars, and they got a sweetheart deal from the bank. The bank is loaning
Yesterday I had one of those nightmare travel experiences that just makes you want to scream. Lan Airlines has a nonstop flight from Santiago to New York City, and I booked it months ago. Normally my travel schedule is very last minute; I don’t really know where I’ll be two weeks from now,
[Editor’s note: Sovereign Man team member Peter Keusgen, lead editor of our private investment service, is filling in while Simon is en route to New York City today.] I’m sitting in a café in an upscale part of Sao Paulo, Brazil, a short walk from the Renaissance Hotel, watching the news come in
Right before I walked on stage last night in front of an audience of roughly 2,500 people, I said to myself, ‘This isn’t how I thought my day would turn out…’ Hours before, I met up with Robert Kiyosaki at his hotel in Santiago to have a drink and catch up; he’s in
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 began traveling around
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 course. Trump may
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 phasing it out
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 Biblical impact, even
Just after sunrise on April 19, 1775, a large contingent of British military troops arrived to the town of Lexington, Massachusetts. They were under orders to search for and confiscate all weapons and munitions from the colonials– something the British army had done countless times before. In many ways it was a routine
It occurred to me this morning that there’s at least a 99% chance that you and I have never met. We’ve had some absolutely spectacular events all over the world where we’ve been joined by giants like Ron Paul, Jim Rogers, Robert Kiyosaki, Marc Faber, and many more. But even better, these events
Ever since I was a kid, I always knew that cancer runs deep in my family. My father died more than a decade ago of a horrible brain tumor. His father had cancer. Both of my mother’s parents died of cancer. I knew all of this before I even understood what cancer was.
Chances are you’ve never heard of Chuck Feeney. And he’s worked very hard to keep it that way. Feeney, who will turn 85 on Saturday, had an incredibly successful business career, amassing a multibillion dollar empire based primarily on duty-free retail shopping. I know what you’re thinking: he already sounds like a bad
I’ll start with a confession. Based on the returns I’ve just prepared for 2015, my tax bill for the year amounts to exactly $0.00. In fact, for the second year in a row, I legitimately owe zero tax. And I’m damn proud of that. (And no, it’s not from any illegal tricks. I’ll
Over the weekend, just as I was arriving back to Chile after a few weeks away, the sky above Santiago opened up and started to dump heavy rain on the city. I was already in the car on the way down to one of our farms once the rains began. But apparently the
