SEARCH
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
Last night I got robbed. Not in the literal sense of the word. There weren’t armed men in masks holding me up on the sidewalk in Panama City. (I’ve been coming here for 13 years and have never once felt unsafe…) It was at the cashier’s cage at the Veneto Casino. After a
What an amazing weekend. We just finished up a wonderful event here in Medellin for members of our Total Access group. (Total Access is the highest level of Sovereign Man membership, and we routinely hold trips like this to introduce members to business and investment opportunities all over the world, and to the
My team and I are holding a very special event for members of our Total Access group for the next few days here in Medellin, Colombia. Medellin is a spectacular city. It’s vibrant and growing, and it has a fantastic energy. I’ll tell you much more about this, and what we’re up to,
What’s the dumbest thing you can possibly imagine your government doing? It’s a serious question– think about it for a moment. Now, whatever you come up with, I’m about to present an option that will probably blow it out of the water. This morning, pharmaceutical mega-companies Pfizer and Allergan announced that they were
A friend of mine who’s an equities analyst at a large brokerage firm recently sent out pretty ironic note to all of his private clients. He focuses on the financial sector, so his job is basically to analyze bank stocks and figure out which ones his investors should buy. To determine this, he
After every major financial crisis there’s always a retrospective analysis where we can look back and identify “the top”. Looking back at the tech bubble of the 1990s, for example, all of my friends in technology point to the acquisition of Netscape by AOL for $4.2 billion as the obvious top of the
America is and has always been an extraordinary idea. It espouses the values of liberty, economic freedom, self-reliance, and independence. What’s not to love about that? It’s an idea that resonates within each of us, speaks to our inner humanity and our desire to prosper. The United States is not the first country
Last year, amid all the madness in financial markets, financial historian and strategist Russell Napier joked about creating a “European high-yield capital guarantee fund.” His “high-yield” fund was nothing more than a secure room filled with physical cash, and a guy standing outside with a gun to guard it. As jokes tend to
If you haven’t seen the 2015 Best Picture nominee, The Big Short, I strongly recommend it. The Big Short is based on Michael Lewis’ book which examines how such an extraordinary financial crisis gripped the world in 2008, and the handful of people who saw it coming. The movie opens asking a very
[Editor’s note: Sovereign Man’s Chief Investment Strategist, Tim Staermose, is filling in for Simon today.] One of the wealthiest countries in the world– the place where there are more millionaires per capita than anywhere else on the planet– now has a dirt cheap stock market. It’s Singapore. And right now, the total market
“Prosperity is like a Jenga tower. Take one piece out and the whole thing can fall.” That’s a direct quote from John Williams, the President of the San Francisco Federal Reserve Bank in a speech he gave a few weeks ago. He could have just as easily been talking about propaganda. The Fed,
