What should we expect after eating an exceptionally spicy 3-day-old, reheated “jungle curry” from a Mumbai Street Hawker? Decisions made when investing, trading, and in fact almost any business all center around the calculation of probabilities. Probabilities for some things are easier to determine than others, which is where I’m
I first met Joe in Mongolia last year. He is one of the most fascinating men I’ve had the pleasure of meeting. A spook from the cold war with stories that would not be out of place in any spy novel. Truth truly is stranger than fiction. This is not
The best investors I know place their bets according to probabilities. It’s been over a decade since I moved my life and my capital to the far east. The fundamentals were too important to ignore, and ultimately the fundamentals lead to probabilities. The US government had a plan to counter
Drinks at the Corney and Barrow matey? I winced, feeling my wallet lighter already. You coming? Urgh, 5 quid for a pint, can’t we go someplace else? I don’t make nearly as much as you overpaid traders. Don’t worry about it, it’s sorted, the boss is coming so it’s on
One technique to ensuring kids don’t misbehave is to threaten them with a trampling from fully-grown elephants. It works better than chaining them up or locking them under the stairs. I highly recommend it. Last year while living in Northern Thailand my wife and I took our kids elephant riding
Without sifting through the rotting underbelly of the political machine to determine the real reasons why the US and the UK need to go to war in Syria, I’d like to look at what the coming war means for real money. Yes, the shiny stuff. There are a few common
Burn Rate: Investopedia – “The rate at which a new company uses up its venture capital to finance overhead before generating positive cash flow from operations. In other words, it’s a measure of negative cash flow.” Day in and day out I review businesses. Most are privately run businesses, some
So says a contact of ours in Mongolia. (This post is the result of various conversations which have transpired over the last few weeks. As such consider this a timely “bonus” issue.) Journalists are often constricted in many ways. Firstly by their publishing houses, whose prerogative is to sell copy.
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