We left off before the 4th of July holiday last Thursday with Chris and Carlos speaking to Harris Kupperman, a successful hedge fund manager and now CEO of a Mongolia-focused venture. Today we’ll talk more about his company and his plans for investing in Mongolia. Chris: Harris, you’ve said that you wanted to invest in [...]
June 29, 2011 By 2 Comments
A Mongolian Capitalist – Part I
In the last post Chris talked about Mongolia. It’s truly a land of opportunity, and it’s experiencing a boom that will be one for the history books to be sure. In the spirit of continuing our Frontier Capitalists theme, we wanted to introduce you to another good friend whose taken the proverbial “bull by the [...]
June 27, 2011 By 8 Comments
“This will be the Richest Place in the World Per Capita in 10 Years”
These words from a friend I was recently discussing Mongolia with. He’s easily one of the most astute investors we know, and later this week we’ll introduce you to him, but first I want to explain why Mark and I agree with that statement. Mark spoke about Mongolia some time back, and since then growth and [...]
June 23, 2011 By 1 Comment
How to Negotiate Irrational Thinking
In a post last week I mentioned that we were going to share with you our stand-out favourite emerging market this week. Our humble apologies but its still in the oven so instead we’ll be detailing it next week. In my last post I discussed how ego affects our personal decisions. I’d like to follow [...]
June 17, 2011 By 3 Comments
What Benchmark are You Using?
Roughly 7 years ago I moved to NZ. The local currency was one of the cheapest on the planet and possibly the cheapest currency of any first world country in terms of purchasing power parity. It traded around 40 cents to the greenback. Real estate had not gone anywhere in about 14 years and yields [...]
