Not long ago one of our savvy readers said to us that he liked the fact that we were focused on just a couple of themes. In his opinion you can’t focus on your core concepts “too much” if you really have conviction.
That was nice to hear, as sometimes we’re afraid we may be boring a few of you to tears with all this talk of Mongolia, Japanese Debt and Frontier Markets Investing. Well, not really…
Mongolia is obviously a horse that we’ve beaten to death herein. However, we aren’t done babbling on about it, and you shouldn’t be done listening!
Few places on this ball of dirt offer the kinds of once-in-a-lifetime opportunities that Mongolia does. Just the other day in reviewing our friend Kuppy’s site, adventuresincapitalism.com, we came across a comment from one of his readers on how ridiculously profitable small gold mining operations can be. Kuppy replied back telling him that he knew of quite a few people in Mongolia who turned a really tiny investment into a million-dollar-per-month artisan mining operation.
Kuppy himself has become a wealthy young man by uprooting himself and moving to Mongolia to get involved in the country’s real estate boom. We participated in his Mongolia Growth Group private placements in the past, and we’re really, really glad we did! Kuppy will be hanging out with us at the Meet Up, and we’re sure you’ll be as impressed with him as we are.
Just an FYI… For those that have an interest in Mongolia Growth Group the company has just announced another private placement. You can find out more about it at their website: http://mongoliagrowthgroup.com/?p=986 (In full disclosure, both Chris and I own shares in YAK, but we are NOT compensated in any way by the company for mentioning it on this blog, or anywhere else. We just really like what Kuppy’s doing and we want to be a part of it.)
Another friend of ours and speaker at our upcoming Mongolia Meet Up, Christopher DeGruben, just turned 30. In his early twenties he and his partner Joachim Bertot headed to UB to stake their claim. They also chose real estate, and ended up turning their small stash of pooled capital into a couple million bucks in relatively short order. Their just getting started, and they’ll be sharing the story of how they did it, and what’s next (it’s pretty ambitious) when we see them in a few short weeks.
Lee Cashell will be speaking to us as well. Lee has had ridiculous success in Mongolia, and he is easily one of the biggest ex-pat players in the country. His conglomerate has a hand in quite a few inter-related businesses, from mining, to cement, to real estate… He’s turned a modest stake into a respectable fortune in about a decade. His right hand man, Will Tindall will be there too. They have some unbelievably profitable trades they’re involved in right now, and we’ll get the full scoop over dinner and some cocktails with our readers at the Meet Up.
We still have a few spots left, so if you want to get boots-on-the-ground and see for yourself, take a look at the Agenda and let us know if you’re interested by dropping us a line here, or checking out the registration page.
Have a fantastic weekend!
Oh, before we go… A big SHOUT OUT to our friend Susan Fujii over at KungFuFinance.com. Susan interviewed Chris and I for her blog today, and we want to welcome all of the readers that she directed our way. We’re glad to have you on board, and if you ever have any questions or comments, please don’t hesitate to reach out to us.
- Mark
“Only those who risk going too far can possibly find out how far they can go.” — T.S Eliot
