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When I did the math in my head last week, I had to pull out my phone’s calculator just to make sure I hadn’t mentally misplaced the decimal point. It turns out I was right. My rental car in Cape Town would cost me just $8/day. And that included all
It was 1720, and Paris was completely mad. The city’s brand new stock exchange, located at the ultra-swanky Hotel de Soissons, swarmed with citizens of all stripes looking to get rich. Stocks were still a novel concept back then, and the allure of getting rich overnight was so appealing that
It’s time to get serious. One of the major themes of this daily e-letter is that major western governments are flat broke. This is not the first time that a major world power has gone bankrupt, and we need only to look to history to see the consequences. Thousands of
One of the truest aphorisms in the world of investing is that Brazil is the country with the MOST potential… and always will be. There are few other countries on the planet blessed with such an abundance of resources—fertile land, plenty of water, a huge population, incalculable mineral and natural
[Editor’s note: This letter was penned by Tim Price, London-based wealth manager and frequent Sovereign Man contributor.] Leon Walras, one of the original economists and idiots who adapted most of his theories from the world of physics, once posited the fancy-sounding General Equilibrium Theory to explain market behavior. Investor George
This is WAY beyond ‘if you see something, say something.’ In a series of pamphlets circulated among local governments in the United Kingdom, British parents are now being encouraged to spy on their own children, and to report any instances of possible ‘radicalization’. Of course this advice comes with a
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