The Sizemore Investment Letter

As a follow-up to my prior post on how demographics are affecting the calculus of international relations in the Middle East—and between Turkey and Israel in particular—I’d like to start with some comments from Mark Steyn. Steyn is a bit of a controversial shock jock—the Howard Stern of conservative commentary, if you will—so I hesitate [...]

Years ago, when I was earning my master’s degree at the London School of Economics, I had a memorable conversation with a classmate of mine from Istanbul named Deniz. Over a couple beers at the Three Tuns, Deniz explained Turkey’s two most pressing problems—the rise of political Islam and the Kurdish separatist movement—and he tied [...]

“The time to buy is when there’s blood in the streets,” Baron von Rothschild was credited with saying in the 18th century. Rothschild meant it quite literally—when he was alleged to have said this, the Duke of Wellington and Napoleon were fighting it out for global supremacy at Waterloo. Rothschild practiced what he preached, of [...]

It all started with Baltimore’s Oriole Park at Camden Yards. As the 1980s drew to a close, there was a growing sense of nostalgia for the classic, urban ballparks of a bygone era—like Chicago’s Wrigley Field and Boston’s Fenway Park—and a growing distaste for the utilitarian “multi-purpose” cookie-cutter stadiums that had sprouted up in the [...]

In the April issue of the Sizemore Investment Letter my theme was “Chinese Smokestacks,” which was a tease for premium international cigarettes. The idea was that we want to be on the right side of one of the biggest macro trends of our lifetime—the development and urbanization of the emerging market middle class consumers. In [...]