China circa 2008… six babies die from severe kidney damage while another 300,000 suffer kidney stones. As it turns out, melamine isn’t meant to be in infant milk formula! The result was a few Chinese businessmen taken out back and shot, literally… and a nation that, for good reason, doesn’t
The Colonel has dominated the local scene since he came to Phnom Penh in 2007. Though, I anticipate a sea change with a new player in town, the King, who has the potential to dominate the country. No, I’m not talking about the upcoming elections or political strife, but something
Brokers, placement agents, middle men, promoters, consultants, financial intermediaries…call them whatever you wish. They have existed in the financial space since man invented a way to exchange one thing of value for another. Some do a fine job, provide a valuable service and deserve every penny they earn. In my
Some anecdotal evidence first… I recently corresponded with a friend in Europe who consults to a number of hedge funds managing predominantly European and British money. He mentioned that across the board his clients are increasingly concerned about equities and are seeking to hold more cash. I asked him if
In a bull market one of the most profitable businesses to be in is that of financing. This is largely due to the leverage available, not only financial leverage, but equally important are the leverage of skills and technology. Financial services, banking, insurance, brokerage, investment and merchant banking all fit
Just a couple weeks ago, two dozen independent thinkers from around the globe descended on Phnom Penh, Cambodia for our Cambodia Boots on The Ground Meet Up. We heard presentations from 12 companies in a smattering of industries and were able to learn firsthand how entrepreneurs on the ground are
The intense heat burns your eyes and the fine red dust sticks to the sweat pouring out of your pores, creating a thick paste. “Maybe it’ll protect me from sunburn..?” The sun lotion I generously applied sure as Hell won’t be doing any good, having disappeared in a river of
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