Five minutes later, a gust of wind blew my new hat off my head as I cycled home. It flew into a river and I watched it float away in despair. There are no black swans in India, but it look like there was on that river that day.
There are many way to look at risk and you can construct an index in a very active way. Ultimately, investors need to pick the best route that gets them where they want to go, and that depends on how long the journey is, and how much they want to see along the way.
I don’t tend to write about India because it’s quite emotional for me and I have a deep love for the country. It’s been through an awful lot since its independence, but I’m hopeful one day it will emerge as a great world superpower.
A cool summer breeze left a refreshing chill in the air that evening in Bath. The bars had emptied and stacks of cardboard boxes lay neatly piled up outside the shop-fronts along the high street.
It was June 2010 when the fire occurred. Despite what happened, I recovered very quickly. It’s strange, but losing everything felt weirdly liberating.
On the last day on my father-in-law’s farm, my wife and I gazed across the valley below and the lush forest in the surrounding hills. I asked her what she thought about investing in Brazil. She said, “You don’t just invest in Brazil. You invest with its people, in its heritage and its possible future”.
We are big fans of bio-food in our household. My wife swears by it and I have to admit there are certain products I like, such as eggs, milk and yogurt. However, you need to read the label. It might be organic, but it might also be bad for you.
I had lost my wallet. I lose it on a regular basis at home, usually just before I’m about to leave the house, but this time was different – I lost it while I was out. I searched all my pockets, went back to my brand-new car and scanned the pavement outside to see if I had dropped it.
It’s based on greed, selfishness and the exploitation of workers in the pursuit of maximising profit. It promotes short-term wealth creation and extraordinary levels of compensation for some bankers and CEOs. It capitalises on what are not the essential needs of human beings, turning us into wasteful mass consumers. Capitalism has become despised!
You’re walking in the street with a suitcase filled with $100,000. And, before you ask, you’re not a member of the Italian mafia, a drug baron or a corrupt foreign government official from a collapsed state. You’re just you.
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