Chad is a poor country, with about 11 million people who have a per-capita GDP of about $2000. It received independence from Algeria in 1960 and has suffered almost constant civil war as well as invasions (from Libya and Sudan. It’s one of those stereotypical “basket case” countries that investors think of when they write off… [Read More]
Niger’s up for exploration this week. It has a population of 17 million people, and it skews young: the median age is 15, no surprise given that the country has the highest birthrate in the world. The per capita GDP of $800 is among the lowest in the world. This isn’t a country that is… [Read More]
The Africa country-by-country project continues, this week with Bamako, set in the capital of Mali. It’s a seriously weird, seriously interesting movie. There are three main parts to it. The first is a mock trial , featuring the people of Mali versus the World Bank and the International Monetary Fund. The director, Abderrahmane Sissako, filmed… [Read More]
Literature, movies, music, food, and other forms of culture are a way to learn more about the world. They are not substitutes for serious financial analysis, but they give us insights on people and places. I’m always looking for great resources to help learn more about the world, so I was excited to find this:… [Read More]
Mauritania is a country of about 3.5 million people. It is very poor, and it still has slavery. Slavery is officially outlawed, but it’s hard to stop practices that have been in place for centuries among a nomadic people spread out across the Sahara. France granted Mauritania independence 1960. Most of the post-colonial era has… [Read More]
Hedge Funds for Dummies, 2e
My first book has been completely revised! Updated to reflect changing markets, accessible strategies through ETFs, and new potential due diligence pitfalls.
Day Trading for Dummies, 5e
With five revisions, countless interviews with successful traders, and lots of research, this is the definitive guide to getting started, managing risk, and staying in the game.