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January 21, 2015 Sovereign Valley Farm, Chile Last night’s State of the Union address had one conspicuous omission, and it’s huge. It’s bigger than all the wars, it’s bigger than the stock market, it’s bigger than the government, it’s bigger than the wages of all the people in America, it’s bigger than the
January 20, 2015 Sovereign Valley Farm, Chile When President Obama ascends to the podium this evening to deliver his State of the Union address, he’ll undoubtedly shine a spotlight on the many strengths of America. And to be fair, he’s right: the United States has a lot going for it. Cheap energy, rapid
January 19, 2015 Santiago, Chile Savino Gugliemetti stared down the 20-meter lane towards his destiny. He could hear his pulse pounding amid the deafening silence of the auditorium, and feel the sweat dripping from the intense LA heat outside. He let out a powerful exhale, leaned forward, and began to charge the outstretched
I’ll admit that I wasn’t much of an athlete as a kid, at least in any traditional sport. (I famously struck out a tee-ball when I was five years old, managing to hit the stationary tee three times in a row. I’m not sure this feat has ever been duplicated before or since.)
January 15, 2015 Santiago, Chile It was nine months ago when we reported that Li Ka-shing, the richest man in Asia, had sold all of his major assets in China. In 2013 when he started dumping his Chinese property holdings he was being ridiculed and criticized. Everyone was bullish on China’s real estate
January 14, 2015 Santiago, Chile Well at least someone finally had the candor to just come out and say it. In the wake of recent terror attacks in Europe, British Prime Minister David Cameron has called for an end to secure communications technology. In other words, he wants to ensure that you will
January 15, 2015 Santiago, Chile What a surprise! It turns out that endless military conflict, corruption, and epic fiscal mismanagement can take a serious and rapid toll on an economy. Ukraine started off last quarter with $16 billion in foreign reserves; today they have $7.5 billion. That’s a 54% decline in just 3
January 13, 2015 Punta Arenas, Chile I consider myself very fortunate to be able to travel as much as I do. In 36 years so far I’ve been able to visit 116 countries. There are so many incredible places on this planet that it’s hard to say which one is my favorite. Thailand
January 13, 2014 Punta Arenas, Chile Well if this isn’t a screaming indicator, I don’t know what is. China’s stock market has long been known as somewhat of a casino. Because of the nature of the Chinese writing system, stock symbols in China are numbers, not letters. And as a rather superstitious lot,
January 12, 2015 King George Island, Antarctica Six years ago today, Satoshi Nakamoto, the developer and founder of Bitcoin sent ten units of the cryptocurrency to his colleague Hal Finney as a test. This was the very first bitcoin transaction ever recorded. And it may possibly go down as one of the most
January 12, 2015 London, England [Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] On All Saint’s Day, 1st November 1755, an earthquake measuring roughly 9 on the Richter scale struck the Portuguese capital, Lisbon. At least 30,000 people are estimated to have perished. A little over half an
January 9, 2015 En route to Antarctica You might not see him regularly, but behind the scenes, there he is. Dr. Health is continuously researching and trying to develop new drugs and treatments to cure people’s ailments. Sure some of Dr. Health’s discoveries save millions of lives, but what if someone gets hurt?
January 9, 2015 En route to Antarctica When the Soviet Union was dying out and privatization schemes and free market measures were being implemented, it was like the Wild West out there. With a bit of street smarts, insights, the right contacts, information, and access to capital, you could grab or build a
January 8, 2015 Punta Arenas, Chile Kiera really liked making things react together and was going to try to make a baking soda and vinegar volcano, but the teacher said that was for kids in lower grades. As an honor student, she wanted to do something impressive, so she looked around for something
January 8, 2015 Punta Arenas, Chile Frank Bourassa was a hustler. He’d tried every shady deal out there—from marijuana to jacked cars. This was a guy who knew how to make a quick buck. Literally, as it turns out, when he realized one day that with each of these schemes he was aiming
