SEARCH
February 25, 2015 Singapore This is a great example of ‘sovereign risk’: One of my close friends here in Singapore opened a brokerage account last year with Interactive Brokers. If you’re not familiar, Interactive Brokers is a leading securities broker based in Greenwich, Connecticut. You can trade stocks, currencies, options… all that stuff.
February 24, 2015 Singapore At the end of September 2011, just days before his passing, the company that Steve Jobs founded had a $25 billion cash hoard. Nearly half of this was stashed overseas. What’s more, Apple was running billions in profit through multiple Irish subsidiaries, neither of which were taxable by the
February 23, 2015 London, England [Editor’s note: This letter was written by Tim Price, London-based wealth manager.] “We are all at a wonderful ball where the champagne sparkles in every glass and soft laughter falls upon the summer air. We know, by the rules, that at some moment the Black Horsemen will come
February 12, 2015 Puerto Varas, Chile Ten years ago, the legendary American mathematician Edward Lorenz paid a visit to the University of Maryland’s Atmospheric and Oceanic Science Department. As retold by Professor Christopher Danforth of the University of Vermont— At some point during his stay, [Lorenz] penned the following on a piece of
February 11, 2015 Puerto Varas, Chile On August 13, 1961, the government of the German Democratic Republic (East Germany) began to establish an “Anti-Fascist Protection Rampart”. The idea was to, you know, protect people… from fascist terrorists who intended to do harm in the country. Just weeks after government officials stated that they
February 10, 2015 Puerto Varas, Chile I’ve been having to keep consciously reminding myself where I am. The well-paved roads twist and turn along the lake’s shores, and beautiful snowcapped mountains tower above in the distance. And I keep seeing signs in German. It really feels like being in Switzerland again. Yet I
February 9, 2015 London, England [Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] There are some time-honoured signs of an impending market top. One of them is that margin debt has peaked. Another is that interest rates are going through the floor. Another is that the velocity of
February 6, 2015 Victoria, Chile A few months ago, I needed to satisfy my curiosity. You see, one of the things I pride myself on about Sovereign Man is that my entire team and I are extremely data-driven. We make rational, calculated assertions typically based on publicly-available data. When I say, for example,
February 5, 2015 Sovereign Valley Farm, Chile What if I told you that you could own a comfortable, newly constructed home with 11 acres of high quality land for less than $100,000? It almost sounds too good to be true. But this is exactly the sort of deal that my team and I
February 5, 2015 Sovereign Valley Farm, Chile The government committee was clear—if nothing was to be done, the government’s finances would be doomed in as little as seven years. The Finance Secretary had some tough decisions to make. Raising more revenue for the government over the next few years is crucial. He was
February 4, 2015 Sovereign Valley Farm, Chile On February 2, 493 AD, two barbarian kings signed a peace treaty pledging to lay down their weapons and rule Italy together. The first king, Odoacer, had taken over Rome 17 years before in what most historians view as the official “fall” of the Western Roman
February 3, 2015 Sovereign Valley Farm, Chile With just three slides and 5 minutes and 44 seconds, Tim Price breaks down everything that’s wrong with the markets… and with the conventional investing mentality that most investors cling to like a warm blanket. This is an incredibly enlightening video, with some completely new insight.
February 2, 2015 Sovereign Valley Farm, Chile When I was a teenager, it was pretty common for young people in my lower-middle class neighborhood to find work. I was a waiter myself… though probably one of the worst in history, as I may still hold the record at Tippin’s Restaurant and Pie Pantry
January 30, 2015 Sovereign Valley Farm, Chile A member of my staff caught an obscure resolution that was introduced in the US House of Representatives last week—Resolution no. 41. The fact that there was essentially no coverage of this Resolution really shows how the mainstream media is completely turning a blind eye to
January 29, 2015 Sovereign Valley Farm, Chile Let’s take a brief walk into financial reality for a moment. At the time of this writing, the United States government’s official debt is nearly $18.1 trillion. Now, let’s look at who the biggest owners of that debt are: 1) Taxpayers of the United States. If
