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  1. A Wise Old Owl Lived in an Oak… April 27, 2007

    “A wise old owl lived in an oak; The more he saw the less he spoke; The less he spoke the more he heard. Why can’t we all be like that wise old bird?” – Classic children’s nursery  rhyme Dear Capital & Crisis Investor, I was in Baltimore yesterday for our monthly editorial gathering. After the meeting, we strolled up Charles [...]

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  2. Munger's Wisdom, Dollar Woes and More… April 20, 2007

    Dear Capital & Crisis Investor, Last night I attended the Empire Salon. It is held, appropriately, in Washington, D.C., near the beating heart of the empire itself. The Salon is an informal gathering dedicated to hashing out the implications of America’s own empire. This month, the speaker was Kevin Phillips, author of American Theocracy: The Peril [...]

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  3. Gas Stocks Rally April 13, 2007

    Dear Capital & Crisis Investor, Every morning, I saunter downstairs, put on a pot of tea and grab the morning papers. My neighbors must be amused. Each day, there are four or five papers sitting on my driveway. I gather these up and begin to unwrap them. It’s like Christmas Morning every day. I suppose most of [...]

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  4. April 2007 Issue April 1, 2007

    A bright yellow sun hangs high in a sky of cornflower blue. A soft, warm wind blows in from the brown waters of the Río de la Plata, which is only a stone’s throw away. Not far in the distance, I can see the skyline of downtown Buenos Aires and the busy cranes at work [...]

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