The prologue of this book opens on a freezing January morning in 2010. Bradley Birkenfeld is sitting in a Lexus, being driven to federal prison by his older brother Doug. Outside, a snowstorm is pounding rural Pennsylvania. Inside the car, neither man has much to say.
John Fredriksen did not drill for oil. He carried it. He did not fish in the ocean. He farmed it. Chapter 24 of Torsten Dennin’s “From Tulips to Bitcoins” tells the story of a Norwegian who built an eight-billion-dollar empire on tankers, oil rigs, and salmon.
John Fredriksen did not drill for oil. He carried it. He did not fish in the ocean. He farmed it. Chapter 24 of Torsten Dennin’s “From Tulips to Bitcoins” tells the story of a Norwegian who built an eight-billion-dollar empire on tankers, oil rigs, and salmon.
What would you do if you found out your employer was helping the richest people on the planet hide billions from the IRS? Keep quiet and collect your fat paycheck? Or blow the whole thing wide open and risk everything?
If you have seen the 1983 movie Trading Places with Eddie Murphy and Dan Aykroyd, you remember the final scene. The trading floor of the New York commodity exchange. Two old millionaires trying to corner the frozen orange juice market. Total chaos. People yelling, waving paper, sweat everywhere. That scene was fiction, but the commodity was real. Frozen concentrated orange juice is traded on NYMEX, and the price can move violently when nature decides to get involved. Chapter 23 of Torsten Dennin’s “From Tulips to Bitcoins” tells what happened when the most destructive hurricane seasons in recorded history hit the real orange juice market. The price quadrupled. And unlike the movie, nobody was laughing.
If you have seen the 1983 movie Trading Places with Eddie Murphy and Dan Aykroyd, you remember the final scene. The trading floor of the New York commodity exchange. Two old millionaires trying to corner the frozen orange juice market. Total chaos. People yelling, waving paper, sweat everywhere. That scene was fiction, but the commodity was real. Frozen concentrated orange juice is traded on NYMEX, and the price can move violently when nature decides to get involved. Chapter 23 of Torsten Dennin’s “From Tulips to Bitcoins” tells what happened when the most destructive hurricane seasons in recorded history hit the real orange juice market. The price quadrupled. And unlike the movie, nobody was laughing.
Twenty-four posts. Twenty chapters. One book that tries to squeeze a two-year MBA into something you can actually finish. We made it through “The 12-Week MBA” by Nathan Kracklauer and Bjorn Billhardt, and now it is time to step back and ask the big question: was it worth it?
Twenty-five posts. Six months. Over 500 pages of Tim Ferriss experimenting on his own body, distilled into something you could actually read on the train.
Twenty-five posts. Six months. Over 500 pages of Tim Ferriss experimenting on his own body, distilled into something you could actually read on the train.
In Part 1 we watched United Airlines CEO Oscar Munoz walk into one of the worst PR disasters in recent airline history. But the real story was not about public relations. It was about what happens when a leader has to pick between competing loyalties, with no right answer in sight.