Archives

Please click on a button below to jump straight to that category.
November 17, 2019

One If By Land, Two If By Sea (My Caribbean Vacation)


Friend: Kuppy, have you lost your f*ckin’ mind? You’re not the sort to sit at the beach and drink a piña colada. Me: Who says I’m at the beach? Friend: Well, you’re certainly not shopping at Duty Free… What else is there to do in the Caribbean? Me: You’ve traveled the Caribbean by cruise and missed it all. Come join me. I’ll change your ... Read More
Categories: Travels
Positions Mentioned:
October 28, 2019

Antigua…


I’m writing to you from a luxury resort on the beautiful island of Antigua. Don’t worry, I haven’t gone soft or anything. I’m still a value investor and I got an insane deal on a 200-year-old historic hotel at Nelson’s Dockyards—an old English military base. Why am I here? Very simple. I’m taking some time off. You see, investing isn’t so much about analysis—any ... Read More
Categories: Travels
Positions Mentioned:
July 31, 2019

Azerbaijan


Three months ago, I had the opportunity to speak at Isaac Schwartz’s, annual VALUEx conference, held this year in Baku, the capital of Azerbaijan. Even more fortuitously, I pounded the table on shipping stocks, right before they inflected dramatically higher. (So far, so good). I had meant to write about my experiences in Azerbaijan, but then life happened. However, I’d be negligent if I ... Read More
Categories: Travels
Positions Mentioned:
May 30, 2019

Headed To Panama And Recent Podcast


I will be heading to Panama in July to attend an event with my good friends at Obris. Obris (formerly Seraph) is a membership syndicate of high-net-worth investors. I  have attended several of their events over the years (Mongolia, Colombia, Austin) and have always met interesting people while learning something new along the way. I will be speaking at the Panama event and would ... Read More
Categories: Travels
Positions Mentioned:
May 3, 2019

Cyprus Part 2


For Part 1, click here After 5 days, a few hundred miles of driving, a few dozen kebobs and some fascinating meetings; I got a feel for Cyprus. While the rest of the Eurozone’s economy is stillborn, Cyprus is actually recovering. Foreign investment, often related to buying “Golden Visas” is going into the property sector. Cranes that have been stalled for years are coming ... Read More
Categories: Travels
Positions Mentioned: BOCH LN
January 24, 2018

Kuppy Sighting…


I will be speaking at the Seraph Global Investment Summit in Austin, Texas from March 5-8. More importantly, it’s an excuse to go to Austin and check out a place that I’ve always wanted to visit. If you want to come along, click this link and sign up. https://seraph.vc/2018-seraph-austin-meet-up/ Ohh… there will also be many other smart people speaking there as well. Kuppy
Categories: Travels
Positions Mentioned: none
November 2, 2017

Fix Hellas


To see part 1, click here To see part 2, click here No economy can recover without a functioning banking system. Greece’s banks have been in chaos for nearly a decade, during which time roughly 45% of all deposits fled overseas, forcing the need for over 120 billion Euros of Emergency Liquidity Assistance (ELA) from the ECB while new loan issuance ground to a ... Read More
Categories: Travels
Positions Mentioned: TPEIR, ALPHA
October 26, 2017

My Big Fat Greek Tax Scam


To see part 1, click here   Sacha Imbert (Portfolio Manager at RBC): Hey Kuppy, this receipt says we’ve just used a Bulgarian POS to pay for lunch!!! Me: Whoa!!! That can’t be right. Waiter: Don’t worry, it’s a famous Greek trick. Revenues go to Bulgaria, expenses stay in Athens. We also get around the exchange controls. Me: Won’t the Greek government get upset? Waiter: Actually, they’re pretty happy ... Read More
Categories: Travels
Positions Mentioned: none
October 25, 2017

Greece: An Ouzo Hangover Of Mythological Proportions


Back in July, I re-posted an article that my good friend, Chris, at Capitalist Exploits had written about Greece. I had found the idea of a Greek economic recovery intriguing, but hadn’t really followed up on it. Over the following weeks, a number of people reached out to me and noted that I really should take a more serious look. In particular, they said that I ... Read More
Categories: Travels
Positions Mentioned: none
Scroll Up