I've had a busy six weeks since my last email, having given talks in the Cayman Islands, Bahamas, and Puerto Rico so far this year.  While in Cayman, I spent about 45 minutes talking with Grant Williams, a friend from my investing days.  He's now...

2015 was filled with big developments.  Oil prices plunged, Chinese growth slowed, and relations with Cuba and Iran thawed.  Terrorists attacked in Paris and California, hopes for peace in Colombia appeared, the Middle Eastern refugee crisis deepened, and the Volkswagen scandal shocked many.  Cecil the...

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