Category: Z Legacy: Correspondents


In case you’re wondering why I spend so much time down here…

February 14, 2012 Talca, Chile One of the local papers here in Chile ran an interesting story a few days ago about the number of young Spanish immigrants coming to Chile in search of work. Fed up with the ridiculously high unemployment rate in Spain, and tired of being shut out of every

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WTF, Warren Buffett?

February 13, 2012 London, England [Editor’s note: Professional money manager Tim Price is filling in for Simon today from London. His thoughts below on gold, bonds, and the false pretext of investing in equities is delightfully insightful.] For value investors of a certain age (e.g. mine), discovering that Warren Buffett could be wrong

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If you want more jobs, look to Steve Jobs

October 6, 2011 Hong Kong You’ve undoubtedly heard by now that Steve Jobs passed away yesterday after a long battle with cancer; it’s been all over the news with wall-to-wall coverage, and iCandle vigils have sprung up all over the world. Jobs is being remembered as a pioneer, a technological revolutionary, a visionary. 

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And this year’s Nobel Prize in Doublethink goes to…

April 7, 2011 Santiago, Chile General Tommy Franks, the rather straight-talking former commander of the war in Afghanistan way back in 2001, once described US defense policy wonk Doug Feith as “the dumbest fucking guy on the planet.” Feith, a bumbling architect of the failed Bush Doctrine, now has an intellectual match in

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It’s raining profit in Australia

January 5, 2011 Brisbane, Queensland, Australia Sometimes opportunity arises in the most bizarre (and unfortunate) circumstances. You’ve probably seen the news from Australia– a huge portion of the country is under water, and it’s a state of emergency. Tim Staermose, our friend, partner, and resident investment guru, is on the ground in Queensland

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