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International Man: Palentir’s Peter Thiel recently moved his family to Argentina, bought a $12M house in Buenos Aires, and some farmland in Uruguay. Thiel also has New Zealand citizenship and reportedly has a Maltese passport. So this isn’t his first attempt at international diversification.
What do you think he’s positioning for?
Doug C...
It was the largest workforce reduction, as a share of total headcount, in S&P 500 history.
Earlier this year, financial services company Block cut 40% of its workforce in a single round of layoffs.
It escaped many people’s attention because it happened just two days before the outbreak of the Iran war, which overshadowed it....
In five years, we’ll all likely be chuckling and shaking our heads over AI. Because today, the tech feels free and limitless, doesn’t it?
People are generating endless content: images, videos, memes, code snippets, social posts. Companies are bolting AI onto products by default, the way every Fortune 500 company suddenly discovered they were “sustainable” five years ag...
Editor’s Note: The following book review was written by Attila Rebak, a capital markets professional with more than 30 years of experience in investment management.
Attila reviews Speculator, the first book in Doug Casey and John Hunt’s High Ground series. We highly recommend reading it....
No matter what happens, I am confident the Iran war will be a major tailwind for gold.
Here is an overview of how I see the conflict unfolding and its major financial implications.
The Strait of Hormuz is the world’s most important energy corridor. Iran now has undisputed control over Hormuz. Stripping Iran of that control would require a successful full-scale gro...