In the most recent budget statement, the government has suggested that it is a “national economic imperative” to revitalise Bermuda’s hospitality sector. This can be seen in the $930 million list of p...
In Greek mythology, Sisyphus was punished by the gods for his deceitfulness by being condemned to ceaselessly rolling a very large rock to the top of a mountain, only to watch it fall back under its o...
The Berkshire Hathaway’s annual shareholder letter has always been a special event for this writer as I continue to be a devout follower of Warren Buffett (WB). What makes it particularly special is t...
The Bermuda economy has been mired in a depression now for six years, with its levels of demand and output still far below its peak seen in 2008. There is growing concern among many that the Bermuda e...
Energy feeds into almost everything we do or have. It is a vital building block for growth and our modern economy would not exist if not for it. Some historians even surmise that cheap energy was one ...
“Unlike, say, meteorologists, who predict specific outcomes at exact times and use percentages to indicate how confident they are about their forecasts, financial pundits rarely assign probabilities t...
“A good forecaster is not smarter than everyone else, he merely has his ignorance better organised.”
— Anonymous
In January of last year I laid out 12 unexpected events or surprise situations that wer...
You may have seen the highly acclaimed television show “House”, which is based on a fictional Princeton Plainsboro Teaching Hospital in New Jersey. Dr Gregory House tackles potentially terminal health...
Thanksgiving is about being thankful. We all should take some time to be thankful for what we have regardless of whether or not we celebrate this American holiday tradition.
The entire process of in...
The sound and the fury are over. The Republicans have trounced the Democrats in last week’s election. To put the latest shift in a historical perspective, the US President has now lost more house seat...