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
“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
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
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
An old acquaintance (the CIO of an $800 million macro fund) rang me up last week to chew the fat on the Huawei deal and the ramifications. And so — since I’m a lazy bastard — I figured I’d use the meat of the conversation for this article. You’re probably
If you want to be the CEO of the company, you need to have the ability to understand capital markets, be involved in it, engage in it, and compete to take your piece of the capital from it. Ali Pejman is a mining-focused investment banker and Partner at Fort Capital.
Isht You Wouldn’t Believe Last week was “Nazi pride week” in Mongolia. Pic taken on the steps of parliament. No kidding! When I first visited Ulaanbaatar, I was puzzled at the Nazi bars. Seemed sort of like a theme bar — kinda like you’d expect maybe a weird vampire themed