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“Sir. SIR! This your bag,” the TSA agent barked at me last week, more as a statement than a question. “It is.” “Are you carrying any liquids?” I knew immediately; I had forgotten about the bottle of water that I had shoved in my briefcase before checking out of my
[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] “There is no simple, painless solution. The world has to reduce debt, shrink the financial part of the economy, and change the destructive incentive structures in finance. Individuals in developed countries have to save more and spend
On March 5, 1997, I signed up for the American Airlines “AAdvantage” loyalty program. I was 18 years old and didn’t know anything about travel. Back then it was exciting to even set foot on a plane. But over the years travel has become a huge part of my life.
Down here at the farm, one of the most important things we do each year for our fruit trees is the winter pruning. This happens annually during Chile’s winter period from late June through early September when the trees have put themselves into hibernation. (The trees are starting to wake
Last week in the Australian state of Queensland, federal police confiscated a whopping 5,465 ounces of silver (worth roughly $106,000) from a man’s home. This was part of a larger series of police raids instigated by the Australian Tax Office against individuals suspected of tax evasion. Two obvious lessons come
If you’ve been a reader of this letter for any length of time, you know I hate taxes. I unequivocally believe that I have a moral obligation to reduce my taxes to the lowest level possible. It’s not about Maseratis and private yachts (I drive a Volvo and get seasick
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