I watched with amusement as a man who goes by the name of Xi addressed the United Nations telling them to do more to combat “climate change”. “We aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060.” Unsurprisingly CNN, CNBC and the BBC dutifully published
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
Hello and welcome back. Sheesh… what a week. But first: LA sunset courtesy of Insider member Kasra. Magical! And then one that looks like a watercolour painting from subscriber Michael from Idaho. Taken in Cabo San Lucas, Mexico. I’ve never touched drugs in my life, but I imagine this is
Each month I want to do a quick portfolio update and discuss issues surrounding the portfolio. I find that in our quest here to find deep value high payoff situations and because each situation that we invest in generally has a long term time frame, I often neglect to talk
Our friend and colleague Harris Kupperman recently wrote an article about Kashagan and the massive delays being enjoyed by this particular project. The problem is that Kashagan is a poster child for the sector as a whole. This isn’t an anomaly. Let me copy a few key paragraphs from his
Turkey holds many fond memories for me. It was a country I first travelled to on a whim, after watching Midnight Express. The film is based on the true story of a young American student sentenced to spend 30 years in a Turkish prison for smuggling hashish out of Turkey.
Burma has been in an almost perpetual state of civil war since 1949. Human rights violations, brutal oppression against a mostly un-armed populace, child trafficking, and living conditions I would not subject a dog to (a central banker yes… a dog no) have been synonymous with Burma since its independence