Travel

The Power of Horizontal Thinking

Letter from Vail

Jun 27 •

Buenos Aires part 2, plus a podcast

Mar 28 •

Letter from Buenos Aires

This is a free post to give you a sense of what paid subscribers see. Writing these posts takes effort.

Mar 23 •

THIS IS NOT INVESTMENT ADVICE.

Jan 22 •

Villains, Perpetrators, Markets

Letter from Riga, Part 2

Jan 7 •

Avoiding Drawdowns

Letter from Latvia

Jan 1 •

Letter from Taiwan

As regular readers know, I mix looking at the numbers with on-the-ground research.

Nov 17, 2023 •

Never Look Away

Ukraine and Lagarde's Questions

Aug 29, 2023 •

Letter from Kyiv

Perspective Taking

Aug 5, 2023 •

Cold War, Hot War & the Front Line

Plus Investment Tremors

Apr 19, 2023 •

Letter from Tbilisi

And a (brief) investment update

Apr 15, 2023 •

Why The Dictator

Notes from Iquique

Feb 24, 2023 •

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts