Apr 23, 2025
Americans were taught about Paul Revere’s ride in school. He was said to have ridden from his home in the North End of Boston, to Lexington and Concord, to warn the people there that Federal troops had landed in Boston Harbour and would soon reach the townships.
Apr 15, 2025
Of course, investment philosophy can be made highly complex, or it can be disarmingly simple: what goes up must come down. If we accept the validity of this comment, we might also reason that the higher the market goes, the harder it will fall when the bubble bursts, and, of course, the greater the damage it will do to investors.
Apr 8, 2025
Countless Americans believe that they have the right to bear arms, so that they can protect themselves and their homes from burglars or other miscreants. Others, particularly those who live in rural areas, believe in the right to go hunting if they wish.
Apr 1, 2025
The first libertarian intellectual was Lao-tzu, the founder of Taoism. Little is known about his life, but apparently he was a personal acquaintance of Confucius in the late sixth century BC and like the latter came from the state of Sung and was descended from the lower aristocracy of the Yin dynasty.
Mar 26, 2025
Currencies come and go in the world with remarkable frequency (the last hundred years has been witness to over twenty hyperinflations worldwide), but what we shall soon witness will be the collapse of most, if not all of the world’s primary currencies, all within a short space of time. They promise to go down like dominoes, and all for the same reason.
Mar 24, 2025
As someone who regularly provides advice to those pursuing internationalisation, it might be assumed that my reaction to this reluctance would be to say (at least inwardly), “O thou fool.” Not so. In fact, to me, such reluctance is understandable. It stems from two sources: 1) sensible caution when considering significant change and, 2) fear. I believe that most people experience both at the same time.
Mar 17, 2025
There’s a change taking place in supermarkets – one that’s going largely unnoticed, in spite of the fact that it’s becoming a new norm. Packaging for products, particularly foodstuffs, is getting downsized. Folger’s coffee, Chobani Yoghurt, Fritos, etc. – all are being offered in smaller packages than before. The resizing is not dramatic; in fact it’s so small – sometimes less than 10% - that it’s hard to imagine why they’re bothering to do it.
Mar 6, 2025
Pigs are pretty intelligent mammals and forest-dwelling wild pigs are known to be especially wily. However, there’s a traditional method for trapping them. First, find a small clearing in the forest and put some corn on the ground. After you leave, the pigs will find it. They’ll also return the next day to see if there’s more.
Feb 26, 2025
This theme was endlessly enjoyable, as it reflected a syndrome familiar to all adults. The cartoonist was careful to assure that he could do new variations on the theme every Autumn, due to the fact that Charlie Brown never succeeded. In the end, the tree always ate his kite. And so it often goes in the adult world. Albert Einstein famously said, “The definition of insanity is doing the same thing over and over and expecting different results.”
Feb 19, 2025
And the phrase is sometimes used in investment circles. One investor can be heard advising another, “Don’t buy that stock – they’re underfunded, have poor management and an unsustainable business plan. You’d have three strikes against you even before you started.”