Author: Alaukika Vaishnav

“Rose of Sharon, thousand miles of range and river land;Guarded by her people, ever may Korea stand.” -“Aegukga,” (애국가) South Korean national anthem (English translation) The Rose of Sharon, or mugunghwa, has a long history in Korea. Its name means “eternal blossom that never fades,” and records show that it was treasured as a “blossom…

In everyday life, people love prices that are out of sync with fundamentals. Homebuyers celebrate free equity when the appraisal comes in above the contracted purchase price. Thrift store shoppers look for bargains, digging through racks and bins of clothes and household goods, celebrating when they find a heavily discounted designer bag or pair of…

In a world of fiat currencies, where central banks can conjure trillions of dollars, yen, euros, or yuan out of thin air, it is more important than ever to recognize that precious metals provide important stores of value. Hence, this primer seems timely. Gold and silver have been money for thousands of years: important stores…

“The secret to investing is to figure out the value of something – and then to pay a lot less.”– Joel Greenblatt Mining is an unpopular industry and is unpopular for very valid reasons. Management teams are prone to allocate capital pro-cyclically, destroying vast amounts of capital. Governments take advantage of the fact that companies…