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I’m flipping through channels at 1am here in Seoul, and do you know what I see? Math problems– nutty professors, Korean-style, working out complex partial differential equations and geometric progressions with the intensity and flair of a concert pianist. In fact, it’s not just one channel… it’s five, roughly 20% of the entire
Maximizing the flexibility of your retirement account is an enormous untapped area of Low Hanging Fruit for US investors. In fact, this might be the single easiest thing you can do right now to grow your retirement assets while shielding them from the lost decade yet to come. With a properly structured, self
It normally takes me less than five minutes to pack, even for a three week trip. In this case, though, I’m having a tough time– too many climate zones in Asia, too many events. I need to cram SCUBA gear, beach clothes, professional attire, and formal wear all into one little suitcase… …
She works the graveyard shift at a Florida motel off Interstate 75… but she doesn’t seem to mind much. A rather buxom blond with more curves than hard angles, Stephanie would definitely be considered a “people’s person” and enjoys meeting so many out-of-towners. Friendly and outgoing, she’s also incredibly smart… which is probably
I’ll admit, even I was surprised. When I think about Asia growth and investment opportunities, places like Singapore, Thailand, Vietnam, and even the Philippines come to mind. But lately, in my regular discussions with key Asia contacts– brokers, sovereign wealth fund analysts, etc., one place keeps coming up again and again. Mongolia. Mongolia
Remember that Croatian commando-turned-entrepreneur from dinner last night? Well it turns out he’s an aerobatic stunt pilot too… he’s got an old Soviet-made aircraft that is only designed to do one thing– be as unstable as possible. It does the trick. This morning around 11am Central European Time, we met at a private
Burgers make better economic indicators than official statistics ever could. As I travel, I typically perform an informal price study of my own basket of consumer goods– a loaf of bread, a pack of cigarettes, a liter of petrol, and a handful of… non-family friendly wares. This is the type of information that
All- there were a lot of great comments and questions this week, I will review several here: LATVIA Excellent insights on Latvia and the way to trade the devaluation. Johan from Sweden asks if we are too late shorting Sweden’s banks. I think not, and here’s why: Swedbank, one of the largest Swedish
A final note on Latvia today before I put the Baltics to bed for now– Yesterday I argued that Latvia is definitely headed for devaluation, and that European governments are practically bending over backwards to make sure we know about it. In comments yesterday, the astute Mr. Marriott pointed out that the grey
Yesterday I talked about the demise of the Latvian economy and how it will foretell the future of California. Today I want to talk about the opportunity I see to profit from it. I have seen the face of crisis before, both in the military and as a civilian. But rarely have I
Making money is large part of achieving independence and living free. In my own life, I focus on select entrepreneurial ventures to generate capital, and specific investments which subsequently grow that capital. My investment habits might be best described as ‘peculiar,’ because, believe it or not, I do not have a strong risk
I’m back in Panama today… I’ve never been so happy to see Panamanian soil before; the trip to Cuba, which I reported on yesterday, was fantastic– but the lack of reliable phone and internet connectivity was problematic now that I have a daily deadline to meet. I spend a lot of time in
