Every generation expands its definition of equality…Now it’s time for our generation to define a new social contract. We should have a society that measures progress not just by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.-Mark Zuckerberg, Faceboo...Read More
Every generation expands its definition of equality…Now it’s time for our generation to define a new social contract. We should have a society that measures progress not just by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.-Mark Zuckerberg, Faceboo...Read More
I like mom and pop family owned restaurants, and local craft breweries, two businesses that are currently doing great in America.Giant corporations, on the other hand, are legally bound to the government, which causes most of the corruption in the corporate and government world. They end up taking advantage of people and bludgeoning their competitors using the government.The United States of Ameri...Read More
I like mom and pop family owned restaurants, and local craft breweries, two businesses that are currently doing great in America.Giant corporations, on the other hand, are legally bound to the government, which causes most of the corruption in the corporate and government world. They end up taking advantage of people and bludgeoning their competitors using the government.The United States of Ameri...Read More
Detour Gold Corporation (TSX: DGC) is a Canadian intermediate gold producer that owns and operates the Detour Lake mine, a long life large-scale open pit operation in the mining-friendly jurisdiction of northern Ontario. We learned from Laurie Gaborit, VP of Investor Relations of Detour Gold, that they are expected to produce over 600,000 ounces a year for the next 20 years or so. Currently, Detou...Read More
Turns out, actually being a genuinely good person is the easiest way to have influence over others, and get them to like you–weird, I know.In 1936 Dale Carnegie wrote How to Win Friends and Influence People after intense study of effective leadership, the psychology behind why people like each other, and how to approach tough situations without giving offense.Far from being sneaky ways t...Read More
Turns out, actually being a genuinely good person is the easiest way to have influence over others, and get them to like you–weird, I know.In 1936 Dale Carnegie wrote How to Win Friends and Influence People after intense study of effective leadership, the psychology behind why people like each other, and how to approach tough situations without giving offense.Far from being sneaky ways t...Read More
The world's largest gold mining company, Barrick Gold, earned much less than expected in the first quarter. That largely reflected less-than-expected gold production and higher-than-expected all-in sustaining costs. The company cut its production guidance for 2017. We cut our earnings estimate. Toronto-based Barrick Gold (TSX-ABX), one of our Key stocks, reported worse-than-expected results in t...Read More
ISIS wants to poison our water supply, but the joke’s on them! The U.S. government already beat them to the punch.The extremist group has reportedly poisoned prisoners by spiking their food and water with compounds used in pesticides that are easy to obtainSecurity forces now fear the terror network may hatch a twisted plot to contaminate Western food supplies with formulas that quickly d...Read More
ISIS wants to poison our water supply, but the joke’s on them! The U.S. government already beat them to the punch.The extremist group has reportedly poisoned prisoners by spiking their food and water with compounds used in pesticides that are easy to obtainSecurity forces now fear the terror network may hatch a twisted plot to contaminate Western food supplies with formulas that quickly d...Read More
Why did “private” prison stocks soar the day after Trump got elected?It is almost like people in the industry knew something that the public didn’t. The former Attorney General Yates said that private prisons would be phased out. So before any cabinet members had been announced, why were stockholders betting that private prisons would not be phased out after all?It could just be...Read More
Why did “private” prison stocks soar the day after Trump got elected?It is almost like people in the industry knew something that the public didn’t. The former Attorney General Yates said that private prisons would be phased out. So before any cabinet members had been announced, why were stockholders betting that private prisons would not be phased out after all?It could just be...Read More
Everything is a conspiracy, the elite globalists control us all, they will win, and resistance is futile.Well, in that case, what’s the point of even fighting it? In fact, if all is so hopeless, why even bother pointing out how hopeless it is?Or could it be–gasp, conspiracy!–that those ultra-pessimists are really themselves the agents of the controlling elite?The idea is that tho...Read More
Everything is a conspiracy, the elite globalists control us all, they will win, and resistance is futile.Well, in that case, what’s the point of even fighting it? In fact, if all is so hopeless, why even bother pointing out how hopeless it is?Or could it be–gasp, conspiracy!–that those ultra-pessimists are really themselves the agents of the controlling elite?The idea is that tho...Read More
Imagine if a third of your family died of the plague as religious fanatics preached “The end is nigh!” and threatened that the few pleasures you could squeeze out of life would lead to your eternal damnation. As wars raged around you, surrounded by death, disease, and the lowest grimy depths of poverty, it would be understandable to think the world was in the midst of an apocalyptic co...Read More
Imagine if a third of your family died of the plague as religious fanatics preached “The end is nigh!” and threatened that the few pleasures you could squeeze out of life would lead to your eternal damnation. As wars raged around you, surrounded by death, disease, and the lowest grimy depths of poverty, it would be understandable to think the world was in the midst of an apocalyptic co...Read More
Writing in The MoneyLetter between the first round and final run-off French elections, portfolio manager John Stephenson admires the strong economic recovery underway in Europe. He picks two financial stocks and a cash-rich airline as current 'buys' to benefit from a new round of Europe rising.European markets finished their best week this year following the first round of the French presidential...Read More
The United Nations is ready to send additional peacekeeping forces to the Central African Republic diamond-mining town of Bangassou to suppress a recent flare of attacks on civilians and peacekeepers that has cost hundreds of lives in the past two months.Just last week, as many as 100 people were killed in the south of the country, which only last year was allowed to resume diamond exports after...Read More
You are hiring a babysitter. You can choose between a teenage girl who has no babysitting experience, or a paroled child molester who was a kindergarten teacher for 5 years. Is it discrimination to choose the less qualified candidate?Yes. And the right to discriminate is a basic necessity of human interaction. It is about ensuring both parties in any interaction have given consent.Okay, that was a...Read More
You are hiring a babysitter. You can choose between a teenage girl who has no babysitting experience, or a paroled child molester who was a kindergarten teacher for 5 years. Is it discrimination to choose the less qualified candidate?Yes. And the right to discriminate is a basic necessity of human interaction. It is about ensuring both parties in any interaction have given consent.Okay, that was a...Read More