Roundabout

Be more concerned with your character than your reputation, because your character is what you really are, while your reputation is merely what others think you are. - John Wooden

The roundabout is in practice a counterintuitive path—of acquiring later stage advantage through an earlier stage disadvantage—nearly impossible to follow. - Mark Spitznagel, The Dao of Capital: Austrian Investing in a Distorted World

'Cause we all have wings, But some of us don't know why. - INXS

 

                   CONTENT UNDER CONSTRUCTION

California Sur dot com is not a promotion.

WE HAVE NOTHING TO SELL. PROJECT FRONT RUNNER COMING…

In 1997 the move to California for a final U.S. Naval Duty to San Francisco was a dream come true. The military provided a worldwide outlook from a limited viewpoint but as an exchange officer in retail commerce & logistics  [formerly based outside Singapore - Asian centers] a general perception was expanding.

Despite many wild boots in the ground adventures my understanding of the capital markets was near zero.

The fortune to come from a humble Detroit family has advantages. Always ask questions > Use health & energy finding a passion in life. Architecture school was still on the table. After interviews with local San Francisco architects and U Cal Berkeley protesters the choice to ‘have more than one life’ seemed a better path…

Humility & Strategy -

Why not get paid by corporations to learn while renovating a historic home?

Back in 1997 > No idea of Warren Buffett’s warnings on financial derivatives or the collapse of LTCM in 1998.

Simple goal achieved > Honeywell Commercial Aviation Systems & acquisition of a 1913 bungalow with a view of Sedona Arizona.

Ironically my purchase in the historic mining town of Jerome, Arizona was part of a Larger Secular Cycle in world economic history of which is all too relevant today …

Lesson #1 - Use your advantage > Corporate Headhunters provided opportunity.

Skills learned - Contract manufacturing, negotiation & property development on weekends.

By the year 2000 body & mind we’re ready for the goal to learn to surf & move to sales… what could be better than a VW Van with a position at Morgan a Stanley in Del Mar? The gods gave the markets the worst crash since 1929 providing an opportunity to move the needle…



Positioning for uncertainty from screen watchers who’ve made nothing and are unable to comprehend current hidden asymmetry.

The 50 years storm is coming by design. Easy to see if you notice the entropy beneath the surface. Author used tor analyze credit markets in corporate fixed income.

Understanding cycles in the flow of funds is essential when seeking to maximize efficient capital accretion. Macro Analysis > Market Entropy Changing Leadership.

Cash flow & Understanding of Counter Party Risk REMAIN PARAMOUNT AT ALL TIMES

Many in the western world appear more concerned with a job inside the increasingly centralized system vs the virtues entrepreneurship & the capital markets.

We’ve noticed the continued trend for many is leadership thru a career in a larger corporation or government entities. Immediate perceptions of safety and the instances of immediate cash flow verses investing time or capital in independent ventures.



Notes here for Front Runner

Simple Thesis - 

A Short History of Fiat Currency Failures: 9 Currencies That Have Imploded


Grateful for Select asset managers in the trenches… seeing real market disequilibrium 

Record Fed / Central Bank intervention in fixed income in 2016 > 2019 

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“The market economy is the social system of the division of labor under private ownership of the means of productions. There is in the operation of the market no compulsion and coercion. The market economy is real because it can calculate.

The fundamental notion of economic calculation is the notion of capital and its correlative, income. The immediate end of acquisitive action is to increase, or at least to preserve, the capital, the whole complex of goods evaluated in money terms.

In the past civilization and private property have been linked together. There is no experience to the effect that socialism could provide a standard of living as high as that provided by capitalism. The concept of capitalism is as an economic concept immutable. It means market economy.

Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that. They determine precisely what should be produced, in what quality, and in what quantities. Capitalists, entrepreneurs, and landowners can only preserve and increase their wealth by filling best the orders of the consumers.” - Ludwig von Mises


Money is synonymous with the lifeblood of an economic system. The world stopped using specie money [collateral based] since Masonic 1933.

The Chinese were the 1st to adopt paper money around 800 AD [Tang Dynasty] with the first fiat currency appearing in the western world [Europe] in 1661.

Paper money known as a fiat currency retains an infallible is a history of collapse by design. 

Authorities have sought to utilise the flexibility it gives their finances, but have often mismanaged it and brought catastrophe.

While fiat money is the norm today (now mainly digital and not actually physical paper), paper money has been less common in the past. Throughout much of human history, society has used some form of hard money. That is money that is hard to create and thus limited in its supply, such as precious metals like gold or silver.

The Chinese were the first to adopt paper money around 800 AD with the Tang dynasty and their “flying money.”

Paper money then appeared in Europe in 1661 and in America in 1690.

Initially paper money was redeemable for gold and silver and while the paper existed primarily for convenience, the real money was the metal.

However, things changed in the 20th century with the onset of World War One, as the major powers abandoned the gold standard in order to pay for the war through the printing press.

Governments learned that people would accept paper money with no convertibility into gold.




Real economies using specialization were seen most advanced based upon the content of precious metals in their money. As society became degraded with less producers a common theme was the ‘debasement’ of coins. Base metals were slowly added to real precious metals coins as a means of the state or financial institutions silently / perniciously defaulting on payments.

Benign economic periods led to sanguine sentiment or complacency. Paper money, fiat currency formerly redeemable for gold or silver existed for convenience until recent advancements in digital currencies. All new actors on the stage seem to come from this Brave New World Technocratic space. [1]

A creation of a Third Central Bank on Masonic 1913 helped fuel The War to End All Wars. WWI was critical to help advance Banker’s wars and dependency upon nation states. WWII ensured the destruction of advanced societies in Germany & Japan paving the way to a globalist agenda of world government. ‘Reserve’ currencies backed by confidence added to a financial economic bubble which may have reached a crescendo during the multiple PsyOp Frauds of 2020.

In the 1840s, Chicago had become a commercial center with railroad and telegraph lines connecting it with the East. 

Why us comprehending the history of markets important?

Flow of funds & Investment Psychology.


When the dollar declines on foreign currency markets anything the US imports, or anything that is priced on world markets, such as oil, copper, nickel, gold, etc., increases in dollar-terms. Not only is it intuitive that commodity prices increase when the dollar declines, it is possible to show statistically that the decline in the dollar has played the leading role in the increase of almost all commodities.

If inflation is increasing as a result of higher energy and commodity prices then the underlying reason for the increase in inflation has really been due to weakness in the dollar. 

Let’s be clear about what inflation really is. Nowadays inflation is defined as a general increase in prices, and it’s typically measured by the increase in prices of a basket of consumer goods; hence the Consumer Price Index. But if you still have an old dictionary handy, you’ll see that inflation used to be defined as an increase in the supply of money. Prices rise as a result of an increase in the money supply, but by changing the official definition of the word, economists have confused the issue and managed to confuse the majority of people, including themselves.

At its root, inflation is an increase in the supply of money. As the amount of dollars increase the value of every existing dollar decreases so that an increase in the supply of dollars causes a general increase in prices of goods.


Good thing about going for it in life is if you make it thru you may be ‘AWAKE’ -

The choices of what a small player can own to move the needle is becoming more obvious 


We may be wrong > After a life threatening event where instinct is as valuable as empirical data the ability to note the flow of capital to real solutions is invaluable.







California Sur / Manantiales Brewing may become a subsidiary of a larger real estate business in South America. This card represents our idea on future projects. The founder commenced acquiring properties in Uruguay from proceeds earned thru secondary market investments in resource equities.

How does one achieve clarification on an international business plan?

Most young people who seek independence often see a ‘business’ in finance or screen watching of data to sell to greater masses.

Rarely to ever hear ‘entrepreneur’ [serving market opportunities].

40+ year bull market in securitization. Wonderful life managing AUM.

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The America’s have provided commodities & collateral to European Financial Conglomerates as well as Asian dynasties for centuries. Traveling throughout much of the North American West down to the tip of South America reveals much of the premiere architecture & culture revolved around mining centers.

Secular & Cyclical cycles in ‘modern’ economies has been greatly magnified thru financial leverage due to fractional reserve banking.


The Chinese were the first to invent paper money. This took different forms across different imperial dynasties.

The first widespread paper money was the jiaozi that circulated in modern day Sichuan during the Song Dynasty.

This paper was initially a receipt for the deposit of iron money which was exchanged amongst the population as money. The governor allowed 16 families to manage this currency privately, although the government later decided to take over the currency management themselves. The Jin, Yuan & Ming Dynasties all issued promises to pay paper notes thru planned default [collapse / failure]. Chinese citizens had long since figured out not to trust government paper and preferred to use silver instead.



Should one have received card stipulating this blog > just an idea site at this time.


- Humanoid Under 25 years of Age > Your Passion? Critically Think? Contrarian?

- Advanced Professional > Considering the Macro? How to exit the Casino?

- Humanoid post Mid - Crisis > More than one life playing out? Be - Do - Act?




Many young people we meet seem to be ‘Fighting the last War.’


[1] We don’t subscribe to stories of Mr. Gates or Musk. Due Diligence. Both are part of the sick money, sick Rockefeller medicine & eugenics.

No interest in World Ponzi Schemes > Proliferation of Digital Frauds is Impressive.

Promoters of the digital prison with new no collateral schemes > No Spirituality.





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