These international borders have become “no rights zones”

On June 15, 1215, King John sat in a field in Runnymede, England, surrounded by angry nobles.

His Barons—the big landowners throughout England—had rebelled and seized London, forcing King John to sign an agreement guaranteeing certain rights to the people of England… and restrictions of his power.

This[...]
  • Simon Black
  • October 15, 2018
  • Bahia Beach

How to safely ignore everything that happened yesterday

Stock markets around the world were crushed yesterday…

The Dow Jones fell 800 points, its biggest dump since February. The Nasdaq fell 4% (its worst day in seven years).

Japan fell 3.9%. Chinese stocks fell 5.2% to their lowest since 2014.

And people are freaking out (the[...]
  • Simon Black
  • October 11, 2018
  • Bahia Beach

How’s this for crazy: Tesla is still worth more than HONDA

Earlier this year I quoted Chicago-based hedge fund manager John Thompson of Vilas Capital Management-- who has been incredibly vocal (and blunt) about Tesla.

Back in March, Thompson said that he thinks Tesla is going to crash . . .

“. . .partially due to their incompetence in[...]
  • Simon Black
  • October 10, 2018
  • Bahia Beach

With corruption like this, it’s no wonder so many pension funds are insolvent

Last week, the head of a New York state pension fund found herself a new job.

Vicki Fuller, the former head of New York’s $209 billion fund, now earns $275,000 per year working part time for a natural gas group called The Williams Companies-- good work if you can[...]
  • Simon Black
  • October 8, 2018
  • Amsterdam

This is the safest 20%+ you will ever make

Yesterday I told you about a still little-known gem in the US tax code known as opportunity zones.

The example I gave you yesterday is-- let’s say you have Apple stock, and you sell today for a total gain of $250,000.

Ordinarily you’d have to pay tax on[...]
  • Simon Black
  • October 5, 2018
  • Bahia Beach

How to pay literally ZERO tax… and do a bit of good

True story-- over the past 15 years I’ve spent a LOT of time studying my family history, and I’ve managed to trace my roots all the way back eight centuries to 1250 in medieval England.

Along the way (and I recorded a podcast about this a few years ago),[...]
  • Simon Black
  • October 4, 2018
  • Bahia Beach