December 1, 2016 2:44 AM
When the Central Bankers started printing money in 2009, I knew they wouldn’t be able to stop before they took things to an unimaginable extreme. When you’re in government and your policy isn’t working, you keep pushing harder—like your career is at stake if you fail. When China embarked on a massive infrastructure binge to re-ignite economic growth in 2008, it was obvious that once started, this would also continue for quite some time. What they’ve learned is that US $1 trillion a year just doe... more
November 17, 2016 12:16 AM
“The improbable is now possible!!!”That is the last coherent sentence I remember a friend uttering on election night, as I finished off a flight of beers before switching to endless bottles of champagne. I then spent the better part of the next 36 hours roaming the streets of South Beach, yelling “FREEDOM!!” until my voice gave out and buying drinks for anyone who claimed to have voted for Trump. Over 2 nights and a day, I visited almost every watering hole on the beach, sprayed champagne on fri... more
November 6, 2016 4:24 PM
Over the years, I’ve been involved with businesses all around the world, yet America remains special for its unique “system” where multiple interlocking and counterbalancing forces, guarantee that you will be treated fairly. It doesn’t have corrupt civil servants or police extorting you. Instead, if someone does something illegal, you march yourself up the chain of command until you find someone who takes your side—if only because of the embarrassment and career penalties caused by you complaini... more
October 19, 2016 12:39 AM
Recently, my good friends Chris Mayer and Chris MacIntosh "Chris Squared" had a chat on a number of topics that I feel strongly about. In particular, they chatted about how passive investing has created opportunities (more about this in the future) along with much more...
Click here for the conversation
September 4, 2016 12:51 AM
“For a country with over 300 million people, why do you choose such bad politicians?”
Yup, I’ve been doing business overseas for a while now and I keep getting the same question from foreigners who simply cannot decipher the American political system. Heck, I often ask myself the same questions.
A few years ago, I had this conversation;
Him: Will George W. Bush invade my country?
Me: Don’t worry, he can’t find it on the map...
Fast forward 8 years;
Him: Why is your Nobel Prize winning ... more