Still in London, a long way from the hurricane… U.S. Super Storm’s Record Flooding Lands Blackout Blow. Bloomberg 20th Anniversary Basic Points by Don Coxe – October, 2012. BMO Milken’s Past Invoked in Gupta Sentencing. Dealbook  Gary Shilling: Bargain-Addicted Investors Ignore Perils of Low Rates. Bloomberg Turkish Banks Go for Gold to Lure $302 Billion Hoard. Bloomberg Canadian… Continue Reading

Europe left behind as shale shock drives America’s industrial resurgence. Telegraph Sandstorm Bets on Buying Not Finding Gas, Gold. Bloomberg How do you deal with public disgrace? Guardian Association. Seth Godin Rupert Murdoch, Customer Service Rep? HBR The Private Jet App, by the seat. Bloomberg

Billions in Hidden Riches for Family of Chinese Leader ExxonMobil oil chief ‘assassinated’ in Brussels street. Telegraph Now is the time to reduce equity exposure. Ritholtz South Africa has made progress since becoming a full democracy in 1994. But a failure of leadership means that in many ways, South Africa is now going backwards. Over the Rainbow. The Economist Blackstone… Continue Reading

Conrad Black Owns Pompous Ignorant Newsnight Interviewer. BBC The Economist’s Buttonwood Gathering; El-Erian’s Bagehot Lecture. PIMCO Malcolm Gladwell: The real genius of Steve Jobs. New Yorker

The Lessons of History, by Will and Arial Durant, and published in 1969, remains a worthwhile read today. A favourite of well-known financier Ray Dalio of Bridgewater Associates, the most successful hedge fund manager in the world, Lessons explorers the human experience, and while it covers man’s common history, Lessons greatest contribution is that it teaches us to have reasonable expectations… Continue Reading

We were travelling all throughout Albania today, which is a wonderful country. Tomorrow we’ll be back to posting as normal, but in the meantime, please enjoy some photos from our trip.

Carney Strengthens Bias to Raise Canada’s Rates as Debt Risk Grows. Bloomberg Is the US exerting influence to block Asian investors buying resources in north america? Financial Post Tom Wolfe on His New Novel Back to Blood and His Fascination With the Down-and-Dirty Pecking Order. Vulture

Petronas Rejection Casts Doubt on Cnooc $15.1 Billion Bid. Bloomberg Jindal Steel & Power Ltd. to spend at least $2 billion to buy an iron ore mine in West Africa. Bloomberg Interview: Oceanic Iron Ore Corp. Courts Asian Partners To Unlock Value At Hopes Advance. CEO Rick Rule Bullish On Uranium, Ag-Materials. King World News Fort Knox, an Impregnable… Continue Reading

Bush in the Wilderness. New York Magazine Moving Around Without Losing Your Roots. HBR Plutocracy Rising: Moyers, Freeland, and Taibbi. Café Américain Play golf or get ugly: The Kochs’ quest to save America. McClatchyDC Batista’s AUX moves on juniors in California gold district in Colombia. Mineweb Wealthy Advised to Sell for Gains Before Unfriendly 2013. Bloomberg A Secretary to… Continue Reading

“As today’s aristocrats age, many of them will undertake their own web legacy projects, and a niche production market will grow at the intersection of art, technology, history and public relations.” Web Legacies of the Super Rich. CEO “It’s almost like ‘The Beverly Hillbillies. They just shot in the ground and up came bubbling crude oil…” Iowa Farms… Continue Reading

David Rosenberg: diversify and be defensive. Marketwatch ArcelorMittal explores selling $10-billion Canadian stake. Globe and Mail James Bond of Finance hired to clean up the Vatican’s reputation. Economist Bumirang: Doing business with the Bakries. Economist

I know some very rich people who squirm at the thought of any online attention, some who pay top dollar to consultants who promise to keep their names offline. But I’m also starting to see a rise in rich people growing more comfortable with the Web. Wealthy people have been asking me more questions lately… Continue Reading

Canaccord CEO Paul Reynolds and Billionaire Frank Giustra Audio. Canaccord Genuity Rich Families Cut Back on Buyout Firms for Direct Deals. Bloomberg One of the first hedge funds to try to profit from a rebound in the U.S. housing market is looking to cash out. Reuters Bloomberg Starts ‘Super PAC,’ Seeking National Influence. New York Times Crumbling… Continue Reading

Petroamerica Oil Corp., a company we own and have covered recently, has published an updated corporate presentation. With production growing and drill results pending, this is an exciting time for the company. Do your own due diligence and please see our disclaimer.