May 8, 2014 12:09 AM
I’ll be the first to admit that I have no idea how to value Twitter (TWTR: USA). For that matter, I don’t even know how to tweet. However, if you liked the stock on Monday, you must really like it today (Wednesday)—two days later—nothing has changed at the business, yet the shares are down by nearly 25%.
Why are the shares down so much on no corporate news? On Tuesday the 6th of May, 480 million previously restricted shares became unlocked and eligible for selling. Let’s just say that ... more
May 5, 2014 11:34 AM
For years, people have relied on Transparency International’s Corruptions Perceptions Index (CPI) as the global arbiter of corruption amongst various countries. Therefore, I was quite surprised when I looked at the recently released “heat map” showing which countries are corrupt (red) and which are not corrupt (yellow).
Within seconds of looking at the map, I was struck with a question—why are the English speaking and Northern European countries considered the least corrupt? Is this an ac... more
March 19, 2014 11:58 PM
As many of you know, I spend a good deal of my time in Mongolia focused on building Mongolia Growth Group Ltd. (YAK: Canada & MNGGF: USA). As it is a public company, I have always felt that this website was not the appropriate venue to discuss the company.
I am very pleased to announce that MGG recently hired Paul Byrne as CEO and over the next few weeks, Paul and I will be hosting a series of corporate update presentations to discuss the company's progress over the past year and allow ... more
March 16, 2014 8:57 PM
I had been planning to write a piece on the Ukraine (with its revolution and all), but then I saw the following article on “Truth & Beauty […And Russian Finance].” I cannot equal this piece, so I will not try.
For that matter, few websites have been more uniquely adept at demystifying Russia, while remaining prescient in calling investable global macro trends. I very highly recommend that you add Truth & Beauty to your blog-roll and then remain patient as this site will make my leis... more
February 13, 2014 6:51 PM
Let’s say that Cuba’s socialist utopia doesn’t quite appeal to you—shocking right? How do you escape? Well, actually, it’s a simple process. You need to start by scavenging for materials, building a floating contraption of some sort, piling your worldly possessions into that contrivance and setting out for Florida. Along the way, you must evade the Cuban Coast Guard, who will imprison you for trying to escape and the American Coast Guard who may alternatively; turn you over to the Cubans, ... more