CATEGORY: Global investing

Where to Hide?

Where to Hide?

The Journal | January 2012

  “Denial ain’t just a river in Egypt” – Mark Twain Looking for bright spots in the global economy is a difficult task at present. There is no sense in...

Shakespeare on Investing

Shakespeare on Investing

The Journal | January 2012

At the very outset of Shakespeare’s least loveable comedy, The Merchant of Venice, Antonio is telling his friends of his depression, and how difficult it is for him to...

Great Walls, Wide Moats & Red Flags

PDF: Great Walls, Wide Moats & Red Flags

The View | October 2010

The People’s Republic of China’s rapid development is the envy of the world. The prospect of 1.3 billion people reaching income thresholds that usually portend rising personal consumption levels...

The Year of the Turkey

The Year of the Turkey

The View | June 2009

Have you ever watched the “talking head” interview shows on financial channels like CNBC? Usually they are structured with several guests who agree with each other, and one who has...

No Good Deed Goes Unpunished

PDF: No Good Deed Goes Unpunished

The View | September 2005

On May 9, 2005, Dr. Werner Seifert, the CEO of Deutsche Börse AG, Europe’s most important securities exchange, was forced to resign by dissident shareholders of his company. Over Dr....

Requiem for a Brewer

PDF: Requiem for a Brewer

The View | December 2004

In early 2002, Molson Inc., one of Canada’s grand old companies, appeared to have shaken off a history of poor decisions and positioned itself for a bright future. Under the...

Horse Sense

PDF: Horse Sense

The View | January 2003

Jim Grant, the editor of Grant’s Interest Rate Observer and guest speaker at Burgundy’s 2000 Client Day, once wrote in a typically elegant formulation that “the tricky thing about...

Wise Passivity, Cautious Opportunism

PDF: Wise Passivity, Cautious Opportunism

The View | November 2001

“‘To enjoy the benefits of time’ was one of the chief maxims of the statecraft of the age. Time untied so many knots, cancelled the necessity for so many desperate...

1 5 6 7 8