Trader’s Narrative

This week, Barron’s did a cover story on companies that build and operate public highways.
Although toll roads are relatively few and far in between to North America, they are a normal feature of the landscape in Europe and Australia. That would explain why all the companies discussed in Barron’s article are from outside North […]

The last time I was in Europe visiting family, I noticed a new chain of shoe stores going by the name of Geox, had popped up everywhere - seemingly overnight. I went into one and snooped around to see what I could learn. All their shoes featured a new ‘innovative’ design shamelessly swiped from hobos: […]

This weekend, Barron’s had a small followup to the Afinsa/Escala story they first broke last year. If you missed it, Afinsa is a company in Spain that markets an investment scheme where the investor can buy stamps which are guaranteed by Afinsa to appreciate in value (from 6% to 10% p.a.). The problem is […]