Month: June 2019

Financial Markets
Chris MacIntosh

Seems Today’s Oil Stocks Were Yesterday’s Tobacco Stocks

From 1954 to 1999 this guy was on the cover of every magazine. He was also regularly featured in those ads you’d see just before a film kicked off at the cinema. And just in case you never read magazines or watched movies, he was on giant billboards, distracting you

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Dad, We Need To Talk

Not a week goes by when I don’t get a request to post an article on this site. You’ll notice that I never do so. Not because I’m an asshole, but because it’s too time consuming for me to vet who folks are, what they’re selling, and so forth. You’ll

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Resources
Jamie Keech

Dan Wilton: From Private Equity To CEO

“A lot of the CEOs don’t want the accountability of one shareholder. Historically, I think a lot of CEOs in the mining sector, from very junior exploration companies to large-cap, always wanted nameless, faceless shareholders. They want someone that they can go have 1 or 2 marketing meetings with per

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The Real Reason For A Refugee Crisis In Europe

Wikipedia describes a Ponzi scheme as: “A fraudulent investment that involves the payment of purported returns to existing investors from funds contributed by new investors. It is an investment system where the investment profits are paid with the money from other investors, and those who experience profit believe the profits

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Financial Markets
Chris MacIntosh

Hold My Beer – Let’s Watch SoftBank Venture Capital Plunge

Imagine this. You’re holding what has become the world’s biggest basket of profitless, often fraudulent (I’m looking at you, BABA), and insanely overvalued, illiquid securities. You’re one man at the helm of a ¥11.6tn empire with sole discretion as to how you operate. Sure, you’ve got shareholders. But the way

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