“You parasitic money grubbing bastard; I hate people like you!” I was not making myself popular. I was spending some time getting my arms around the state of the kiwi fruit industry, which is centered on New Zealand’s North Island. I had been talking to growers, real estate agents and bankers – one of whom [...]
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 [...]
September 10, 2010 By 1 Comment
An Urgent Appeal
In the spirit of a little light-hearted capitalist banter, and hoping we don’t offend too many of you, I offer the following dispatch. As I am a capitalist with a bit of a “dark humor” streak, I will offer up the following business opportunity to anyone interested… For those of you who may be unaware the [...]
August 9, 2010 By Leave a Comment
New Zealand – Stimulating its Economy the Right Way
Two words you’ll almost never hear coming out of an investors mouth are “New Zealand”. It’s a quiet, peaceful little country tucked down in the deep South Pacific, just minding its own business. Populated mainly by sheep and cattle, with an economy heavily dependent on the dairy industry, and located thousands of miles from everywhere [...]
