September 1, 2010

Mongolia Part I (An Overview)


When I was younger, if I wanted to go someplace, my mother would complain that it was in Outer Mongolia. In reality, it was a 30 minute drive, but the point still survived—it was far away. Well mom, if you’re reading this, I am ACTUALLY in Outer Mongolia. You were right—it’s a long way from Long Island—25 hours by plane to Beijing and another ... Read More
Categories: Travels
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August 22, 2010

Riding The Trans-Siberian Railroad


I’m writing from the Trans-Siberian Railroad somewhere in southern Mongolia. I left Beijing a day ago and still have more than half a day on the train before arriving in Ulaanbaatar, Mongolia’s capital. I could have saved 30-something hours by flying, but I’m here to learn more about Asia. You cannot see anything from the air. I’ve actually seen a lot in the past ... Read More
Categories: Travels
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August 19, 2010

Challenge Your Perceptions


I’m staring out my hotel window at yet another beautiful sunny day in Beijing—or at least I think it’s sunny. Actually, I cannot see the sun through the all the pollution. I can barely even see the street below from the 27th floor of my hotel room. Visibility is only a few hundred feet, and most people swear that this is a good air quality ... Read More
Categories: Travels
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August 13, 2010

The Trend Is Your Friend


I am always amazed at how value investors tend to fixate on backwards looking metrics and conclude that a business is undervalued. Investing in a business is all about the future. When I invest, I always want the wind at my back. I know that I sometimes make mistakes and I want to be sure that the macro backdrop will bail me out of ... Read More
Categories: General
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August 9, 2010

The Kuppy Plan (How To Fix Unemployment)


Dear President Obama, Back in March, I wrote to you with my Kuppy Plan for the housing market. After yet another dismal jobs number, I thought it was time for a Kuppy Plan for unemployment. Clearly our country is in a tough spot.  We compete in a world economy. Jobs gravitate to places which offer the lowest costs of doing business. There are places where ... Read More
Categories: Comments On Events
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