In 1945, after WWII ended the United Nations was formed. Its mandated purpose was to: “promote and facilitate cooperation in international law, international security, economic development, social progress, human rights, civil rights, civil liberties, political freedoms, democracy, and achievement of lasting world peace.” Now those are noble goals, to be
Given our bullish stance on Mongolia, which seems to conflict with much coming out of the mainstream press these days, I figured it prudent to reach out to our on-the-ground contacts, mainly self-appointed news mogul “Mogi” Munkhdul Badral, whom some of you had the pleasure of meeting whilst in Mongolia
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
Myanmar!!! The crowd has disappeared from Mongolia like a fart in a windstorm. 2011 was “The year of Mongolia”, where asset prices skyrocketed and it was hip to have an operation on the ground. Now, many of those who made (or tried to make) their mark in Mongolia have flown
(China, Missionaries, Methamphetamine and the CIA) As is often the case when investing in Frontier markets it is important to get a grip on what has come before, the current reality and what to be scared s*#tless of. Mark and I spend a great deal of time attempting to figure
Listening to some of the clowns at Davos prattle on with myriad broken theories, while simultaneously using statistics as weapons in their intellectual tantrums, it struck me that most people have little idea what actually goes into government numbers such as CPI, GDP, unemployment levels, etc. In theory GDP or Gross Domestic Product should give
That we live in both exciting and dangerous times should be obvious to anyone not living under a rock. London’s cities are on fire, Europe teeters, Japan manipulates, intervenes, and the US…well the thugs now investigate S&P. Not that I care for S&P but its amusing nonetheless. Downgrade, how dare they! Politics
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