Gaily bedight, A gallant knight, In sunshine and in shadow, Had journeyed long, Singing a song, In search of Eldorado. But he grew old- This knight so bold- And o’er his heart a shadow Fell as he found No spot of ground That looked like Eldorado. And, as his strength Failed him at length, He… Continue Reading

Romney Takes First Debate. New York Times The end of the Great Migration: China’s workers return home. Marketplace Also: Free trade with China still a decade away, Brian Mulroney says. Globe and Mail What future for Egypt’s wealth? Al-Ahram BlackRock Leads Firms Poised to Win From Hedge Fund Ads. Bloomberg Billionaire Glasenberg Bets on Coal Rebound With Xstrata: Energy.… Continue Reading

Good morning, Calgary… BlackRock’s Fink Says U.S. a Year Away From Robust Growth. Bloomberg Five keys to understanding today’s opportunities in commercial real estate. Pensions & Investments Apple will never be the same without Steve Jobs, says Oracle’s Larry Ellison. Barrons “Once someone makes a decision about your cause or your product or your resume, it’s almost… Continue Reading

Damages: October 2012 Outlook. PIMCO Hedge Fund Returns Worsen: Is ‘Enormous Unraveling’ Near? CNBC More Money Than They Know What To Do With. Dealbook  Also: Private Equity Tales: The Quest for Company Gold. FTAlphaville Google Passes Microsoft’s Market Value as PC Loses to Web. Bloomberg David Rubenstein: 10 Thoughts on the Making of a Great University. Duke Why so many… Continue Reading

Do you know what the most significant piece of news was yesterday? (in my opinion) It was Torex Gold (TXG) raising $350MM in a Bought Deal for their 5.4 million ounce Morelos Gold Project in Mexico. Here we have a developer that won’t pour gold until at least 2016 being able to raise ~40% of their… Continue Reading

This is best business documentary I’ve ever seen (hat tip Tekoa), chronicling the rise and fall of tycoons and takeovers in London starting in the 1960’s. Get to know “Capitalist” Jim Slater, Sir Jimmy Goldsmith, Roland “Tiny” Rowland “The Unscrupulous”, Mike Milken, Mohamed El-Fayed, Mrs. Thatcher and many more. There are four episodes, broken into… Continue Reading

“The only way to make money is if other people agree with your thesis.” O.T. Xstrata Backs Glencore Bid With Board Assurance, Vote Change. Bloomberg Presenting Apple Inc.’s Braeburn: The World’s Largest Hedge Fund. ZeroHedge Blackstone’s Schwarzman: Alignment of interests is ‘off the table’. Pensions & Investments Norway’s Wealth Fund Targets U.S. Real Estate. Bloomberg Why do… Continue Reading

Public Sector Pensions: ‘Their Accounting Makes Enron Look Good’. Wharton The political power of the boomers is formidable. But sooner or later, it cannot escape the maths. Sponging Boomers. Economist “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” Warren Buffet’s ‘Secret’: Low Beta Stocks… Continue Reading

“I keep on repeating, I’ll say it for the last time—I’m not on some ego trip.”-Robert Maxwell Lived From 1923-1991 Publisher, Politician, Media Mogul Head of the “Daily Mirror” Publications >>Play 1987 Interview with Robert Maxwell & Desert Island Records (MP3) Memorable Quotes: “You are as safe with me as you would be in the… Continue Reading

Russia’s Norilsk Nickel sees African opportunity. Reuters China steelmaker, miners cut output as slowdown bites. Reuters Short-term dip in uranium prices now a long-term slump. Financial Post A closer look at O’Leary Funds. Globe and Mail Open Season on Salt: What the Science on Hypertension Really Shows. Scientific American The Lie Factory: How politics became… Continue Reading

Justin Trudeau to seek Liberal leadership: reports. Globe and Mail Most of AngloGold Ashanti’s 35,000 South African Workers Now On Strike. BBC Qatar Holding says NOT in talks to buy Batista’s AUX stake. Reuters China’s Rich Are Getting Poorer. Hurun  Also: China to maintain prudent monetary policy. China Daily Rick Rule: Speculators take your tax losses now, and recover the positions,… Continue Reading

China to Have More than 1,300 Skyscrapers by 2022. EChinaCities Frank Holmes expects 2013 to be a huge year for gold stocks. Globe and Mail Foreign National Energy Giants Dig Deeper Into Canada’s Oilpatch. Financial Post Iowa broker built empire on a lie concealed in a postal box. Reuters ‘Buy Canada’ Plan is Economic Nationalism Run Amok.… Continue Reading

Goldman Sachs Forecasts 18.2% Return on Commodities in Year. Bloomberg HSBC Managing Director: Why Asia Should Start Worrying About Inflation. CNBC Ahmadinejad Under Attack at Home and Away as Bow Out Nears. Bloomberg Qatar in talks to buy Batista’s $2 billion AUX stake: sources. Reuters  Blackstone to acquire Tampa Bay rental homes valued at $1B. TBBJ… Continue Reading