Tag: Capitalism

Putting out the Fire – Part II

We’re re-joining the conversation we began in Putting out the Fire – Part I with Sébastien Marneur today. ——– Scott: Okay, so Eurofeu Asia will essentially, over time, evolve into something similar to a company selling printers, or razor blades. Those companies sell the printer or the razor for break-even

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Finding Your Sneetch

Mark and I recently finished our Fiji Meet Up with a small group of totally awesome people. With the laughable US presidential election process taking place at exactly the same time, I have to say that our attendees spent their time far more productively than standing in a voting queue

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Beating the Bank… Lessons from Mongolia

Having lived in several Frontier Markets, I’ve oft observed that when wacky rules are put into place, creating inefficiencies and costing people money, the free market almost always finds a way around it. This goes for everything from selling vegetables roadside without a permit, hocking gasoline out of soda bottles

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Predatory Capitalism and Market Perception

Mark and I are heading into our second week on the ground here in Mongolia, enjoying the beautiful summer weather. In the last few days we’ve met with a young American who recently launched a forex operation, travelled out to the countryside to do preliminary due diligence on a small

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A Mongolian Mogul – Part III

Jamul Jadamba is an entrepreneur focused on creating wealth through adding value. He’s also a Mongolian national, which makes him uniquely qualified to address the opportunities and challenges his country faces. We’ve been speaking to him for the last 2 days, and this final discussion focuses a bit more on

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The Virtue of Failing – More on Incubators

Following on from our last post on incubators, since Mark and I don’t come to our investment decisions whimsically, I wanted to flesh out our logic and rationale for investing in an incubator. First, and most importantly, failure is a huge part of business and investing; heck, it’s a huge part

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Santa Claus – A Drug Pusher and a Terrorist..?

Back by popular demand… Chris originally ran this post last year at this time. For those that lack holiday humor, relax, it’s just satire! ————– I’m going to make a tribute to Santa this year! Christianity boasts 2.1 billion followers. If you add in non-believers like me, who still put

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A Frontier Capitalist

I live most of the year in Uruguay these days.  It’s a fascinating place, full of interesting and intelligent people.  There is a vibrant expat community with individuals from all over the globe.  On any given weekend I’m mingling with people from Germany, Botswana, Switzerland, Canada, Mexico, Argentina, Paraguay, Russia

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