Category: Chris

This WILL Happen!

All pegs break! Capital flows have shifted. They are heading from the periphery back to the core. It’s a rotten core but it’s the only core we have. That core for the time being is the greenback. It is happening in fits and starts but across almost every currency cross

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When Volatility and Debt Collide

A question to begin today’s discussion… Which is riskier: corporate or public debt? If I lend $1,000 to my neighbour and take his bicycle worth $1,000 as collateral, which is what pawn brokers do, I have a quantifiable risk. I also have collateral which I can trust. I can see, feel

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This is the Land of Milk and Honey

A couple of weeks ago I said Jim Rogers has been wrong. I promised a follow up to that article and here it is. Truthfully, I was being a bit hard on him. Jim is an intelligent investor who has long railed against the revolving door between our political and

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Why Jim Rogers is Wrong

“If you’ve got young people who don’t know what to do, I’d urge them not to get MBAs, but to get agriculture degrees,” – Jim Rogers “All your viewers who got MBAs made a terrible mistake; they should try to exchange them for farming degrees or mining degrees”. – Jim

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What Parenting Has in Common with Raising Capital

Fathers and mothers everywhere recall with a certain fondness the years BC. For the average pre-family adult, life was starkly different before children (BC). Responsibilities ended at the individual level and oh, the freedom. Money was yours, time was yours, and you could do with it all as you damn

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12 Reasons Why Here and not There

New Zealanders are like the residue of Weet-Bix left in a cereal bowl for a couple of weeks: tough! Let me give you an example. When James Grant was attacked by a shark while spearfishing his response was pretty typical of the Kiwis I know here: “Bugger, now I have to

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Risk – Part I: Why We Owe It to Drugs

“The person who risks nothing, does nothing, has nothing, is nothing, and becomes nothing. He may avoid suffering and sorrow, but he simply cannot learn and feel and change…” Leo Buscaglia nailed it with the quote above. Ask any friends, colleagues or contacts you know who’ve enjoyed success about risk.

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