As I look out my broken and dusty bus window, wiping the dirty sweat from my brow I am enamored by the rice paddies and beautiful countryside. Suddenly we come to an abrupt stop and I’m relieved of my calm introspection. It’s time to enter “No Man’s land”, that bureaucratic
Historically, Emerging and Frontier markets may have been associated with instability, volatility and a lack of certainty. However, today many emerging economies are actually less volatile than developed ones, enjoy SUBSTANTIALLY lower levels of debt and far better fiscal accounts. In fact, although Zimbabwe recently announced it had only $217
Investing in frontier markets is a challenge due to lack of liquidity and significant set-up times. One way to circumvent these problems is to Invest in other people’s expertise through a managed fund. We work hard to associate ourselves with smart individuals where we can reciprocate value. This not only
Years ago I first came across something taken completely for granted in many Asian countries…namely the practice of keeping two sets of books. Mind you this variety of accounting occurs globally, with the vast majority of the world’s companies being family run affairs, the books for the business are easily
I received an early Christmas present last year. Yep, 2012 is now last year! Some time ago I had agreed to write a short chapter for a book recently published by Wiley. I had completely forgotten about it, but thankfully received some complimentary copies in the mail on Christmas eve.
It must be so…customs and immigration officials upon acceptance of employment are required to sign a mandatory statutory declaration before commencing their professional duties. In my estimation this is a declaration of unquestionable sullenness, objectionability, lack of common decency and an intolerance to humour. It also involves immediate termination of
Over the weekend I was watching a movie with my kids…”How to Train a Dragon”. In the story, a tribe of Vikings live in a particularly inhospitable part of the world. They have some enemies…dragons in this case. Their homes are continuously destroyed and their cattle stolen by these fire-breathing
Japan has just shocked the market with…you guessed it, a widening trade deficit. We spilled a fair bit of digital ink explaining why the Japanese Government fiscal situation is a moth in search of a flame. Our complimentary report which you can download, print and doodle on anytime you please…(really we’ll take
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