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Video

The genius of mutual indebtedness

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Presentation

Pershing Square Q1 2012

Pershing Square Q1 12

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Presentation

Sleepwalking towards a precipice

CVB Booklet Pt2 r5-Web

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Quotes

Europe is an allegory for ages of man

(Hattip:DailyReckoning)

“Europe is an allegory for the ages of man. You are born Italian, relentlessly infantile and mother-obsessed. In childhood, you are English: chronically shy, tongue-tied clicky and only happy kicking balls or pulling the legs off things. Teenagers are French: pretentiously philosophical, embarrassingly vain, ridiculously romantic yet simultaneously insecure. During Middle-Age, we become either Irish and fun loving, or Swiss and serious. Old age is German: ponderous, pompous and pedantic. And finally, we regress into being Belgian, with no idea of who we are at all.”

 

 

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Currencies

India’s reserves falling drastically

(Hattip Mint)