April 30, 2023
A few years ago, I found myself standing amidst a crowd of people, fervently chanting prayers, weeping uncontrollably, and reverently laying flowers. In the center of the room lay a large, flat stone, carefully encased in glass. I was in the Old City of Jerusalem, visiting the Church of the Holy...
April 23, 2023
A 2011 Israeli research paper proved that if you are eligible for parole, your best shot at freedom is right after breakfast. The authors Danziger, Levav, and Avnaim-Pesso studied 1,112 judicial rulings over ten months. Their findings discovered that prisoners who had their parole meeting first...
April 16, 2023
In the locker room of the 1997 Chicago Bulls, while coach Phil Jackson was briefing the team, one player was always absent. In a room of his own, Michael Jordan would excuse himself so as not to be distracted by the game plan. Jordan was highly selective about the information he would take...
April 9, 2023
May I have the courage today To live the life that I would love, To postpone my dream no longer But do at last what I came here for And waste my heart on fear no more. - An excerpt from a poem by John O’Donohue, called A Morning Offering. It reminds me of a statement from an...
April 2, 2023
We want to watch the movie where Keanu Reeves is presented with a red pill and a blue pill and makes a choice that immediately changes the rest of his life. We don’t want to watch the movie where Keanu wakes up every day at 5:30 am, meditates, studies, works out and eats healthy for thirty...
March 26, 2023
There is a competition in the content business to see who can get content out the fastest. Most publishers publish every day. Many publish several times per day. The message is always that this headline matters. Maybe it does. Probably it doesn’t. I subscribe to Bloomberg, the...
March 19, 2023
On the morning of Thursday, October 18, 1907, the third-largest trust in New York City experienced a curious increase in withdrawals. Trusts, at the time, were like banks, except far less regulated. They only had to hold 5% of their depositor funds in the bank - they were free to speculate with...
March 12, 2023
Alongside the CIA and NSA, the DIA forms the third arm of the triumvirate in the US government. The Defence Intelligence Agency might not be as commonly showcased in movies and TV shows, but it is every bit as powerful as its counterparts. It plays a vital role in the direction of the Army,...
March 5, 2023
I have a good friend who lives in the same town as me. He’s lived here since it was just loggers and rock climbers, a salt-of-the-earth type of human. He’s a successful entrepreneur and has made quite a bit of money, but despite this, he’s the same old mountain boy he’s...
February 26, 2023
I have written and spoken at length about the utility of confidence and how it relates to optionality. For example, having the confidence to know you can weather the storm gives you the option of patience when everyone else is losing their mind. This principle holds value inside and outside of...
February 19, 2023
Humans balance the need to seek shelter and the desire to conquer. Either path leads us to a place of centralized control. When we conquer, we start businesses and consolidate industries. When we seek shelter, we ask for regulation and authority....
February 12, 2023
I don’t know if you can learn anything from me. I’ve made some money, but I can’t retire anytime soon. I am an investor, but I don’t write $1 million cheques. I like to write, but I am not a best-selling author. I host a podcast. I host a conference. I...
February 5, 2023
Last week at the Vancouver Resource Investment Conference, nearly 100 global money managers took to the stage to give a speech or join me for a fireside chat to discuss their outlook on the remainder of the decade. More so than ever before, I heard a consensus from almost...
January 15, 2023
A few of my recent newsletters have been critical of the renewable energy sector. Many readers responded asking why - why I don’t appear to support clean, sustainable energy and why I haven’t acknowledged the problems with fossil fuels. Let me clarify, I am...