Showing posts from June, 2013

Latvia, from the Vikings to the Greeks

Lovely Riga, Queen of the Baltics

"At the beginning of this era the territory known today as Latvia became famous as a trading crossroads. The famous "route from the Vikings to the Greeks" mentioned in ancient chronicles stretched from Scandinavia through Latvian territory via the Daugava River to the ancient Rus and Byzantine Empire." -

I've begun this thing that when we have a large number of visitors from far flung countries - or to what the editors see as far flung - we cover the land in some way, shape or form and showcase it a bit, in whatever way you can showcase without being a travel stiff. 

From the CIA factbook: The name "Latvia" originates from the ancient Latgalians, one of four eastern Baltic tribes that formed the ethnic core of the Latvian people (ca. 8th-12th centuries A.D.). The region subsequently came under the control of Germans, Poles, Swedes, and finally, Russians. A Latvian republic e…

Where The Rich Live (Reprinted from The Economist)

From The Economist:
Last year 12m people in the world had $1m or more in investible assets. That is 1m more “high-net-worth individuals” than in 2011. After falling in two of the previous five years, their combined wealth increased by 10% in 2012 to a record $46.2 trillion. America, home to 3.4m very rich folk, Japan (1.9m) and Germany (over 1m) account for more than half of the world’s wealthy. Of the 12 countries with the most super-rich people, only Brazil failed to swell its numbers last year, as its economy slowed. North America reclaimed its position from Asia-Pacific as home to more extremely wealthy people than any other region, but its lead is unlikely to last, as Asia has many of the fastest-growing economies.

Thoughts on Russia

Russia is located in northern Eurasia. I've never been to Eurasia, but I find it interesting. Being a proven Westerner, I often forget about Eurasia and Russia. I forget how Russia looms over a tremendous landmass and holds a staggering amount of natural resources, history and population. In fact Russia is so large that it eclipses all other land masses aside from Antarctica. The coastline alone encompasses a few oceans and countless seas, stretching for 22,991 m. 

Again, being an American, Russia has always been in the news. The US & Yeltsin relationship was interesting -  Putin is equally as interesting, and so are his supporters. 
To say the Khodorkovsky incident is interesting would be a gross understatement. Have you seen the documentary? He is still in prison. Per the documentary -  Russia had two options when they were privatizing their various state owned industries - sell to foreigners or give to Russians. Those in charge decided against the former and picked a…

Performance Persistence Report on Serial Entrepreneurs by Harvard Business School - (circa 2008)

Performance Persistence by Harvard Business School from chaganomics

I simply appreciate for document delivery alone. Here is an informative and insightful article on serial entrepreneurs and their success - specifically why they tend to be more successful than single business owner types.

Bitcoin News - June 02, 2013

"Bitcoins are strings of numbers that can be electronically owned by and transferred among individuals and organizations. For now, the currency is primarily used for payments by fringe retailers or illegal transactions, but it is being accepted more and more widely (Coinbase was created to help that process). And organizations that exchange Bitcoins for standard currency are now being approved to operate as banks." - from Business Insider

I know a lot about Bitcoin. In fact, I even thought about mining for it but I pulled the plug. This past December - New Years actually - Bitcoin was at $15.00.  I again pulled the plug and moved on. I actually thought there was more activity and opportunity in the Egyptian Pound. Nevertheless, Bitcoin has seen major fluctuations and a hefty stream of market investment this year. Last I looked the price per coin was at $121.5 - a missed investment on my part.

Bitcoin is now in the news daily and scores of people around the world know about i…