Thank you for your expression of interest in the African Lions Fund. I can report that I have drafted a 20-page information memorandum.
They say having children profoundly changes you. It certainly does. Last week my oldest daughter turned five. Ten days prior, her younger sister turned one.
Recently I came across an old piece I wrote, about four years ago, which today seems more apt than ever. It’s about the long-term consequences of near-zero interest rates,
This morning, I got an interesting question from a reader. Referring to one of my past stock recommendations, Karoon Energy (KAR on the ASX), he asked if he should sell because he was down 50%.
Many professional investors, from Warren Buffett, to Stan Druckenmiller, look foolish right now. They’re focussed on avoiding risk. A focus on minimizing risk is actually the number one trait of every truly successful investor and trader.