Mobile: (340) 642-8303. After leaving active duty, Muncko started his career in the fire service with Miami Dade Fire Rescue where amongst his standard duties as a firefighter medic, he also operated as a small boat rescue specialist and rescue diver. Immediately upon retiring Muncko acquired SV Walela, a 46-foot Amel Maramu on which he now resided and sails as often as possible fulfilling a dream he'd had since his teenage years. Kyle Roberts was born and raised on the small island of St. Sailing good bad and ugly merchandise. Thomas in the US Virgin Islands. In addition, she is certified and trained for Jeanneau 64 in France.
He has since owned a 26′ sailboat in the Caribbean, a 35′ motorsailer in the Mediterranean and now a 40′ trawler in Coronado. Owning a yacht is one of the most enjoyable experiences in life. Muncko Kruize II is a retired veteran of the military and the fire service. There are two wonderful moments in a boating enthusiast's life; the day she's bought and the days she's sold. Mike is a marine transaction and business law attorney, former judge, and long-time Southern California boater. Sailing good bad and ugly engine. She loves to travel, whether it's by air, land or sea. Half of the first twelve years of his life were spent at sea, on various types of cargo ships with his merchant marine father. He has boating experience ranging from living aboard in San Diego to single-handing in the Caribbean on a shoestring budget to cruising with a wife and two year-old in Croatia. Tax Considerations When Your Boat is a Part of Your Business. Mike holds multiple American Sailing Association Certifications. If you are interested in selling your yacht for the best price possible, or if you are interested in finding just the right yacht for you and your family, or if you simply want to buy him a beer, you can reach Mike as follows: mobile: (480) 250-5651. email: Nathaniel began boating with the purchase of his first sailboat, a home-built 39′ trimaran at the age of 19 while attending UCSD. She is an outgoing people-person and a lot of fun to work with.
She was co-owner and manager of Emerald Bay Yachts in Gig Harbor, WA and Ocean Trawler Yachts in Seattle. Kyle first visited San Diego in July of 2020 with the intent to sail to Alaska. He also spent time in North Carolina where he attended sailing camps as a kid. Whether you are ready to buy your next boat or your first boat, Leilani Wales is here to assist. Leilani is based in San Diego, California and cooperates with other yacht brokerage firms across the nation and around the world. Leilani Wales gets to experience those moments every day. It was while at NTC that he learned to sail and fell in love with it. About AGL Yachts Crew. She will guide you through the searching stage from making an offer to sea trial and surveys. Kyle has worked on a plethora of vessels which not only shows his ability but versatility; some include: Sail yachts, motor yachts, and center consoles. He is a third generation Captain with multiple endorsements including STCW, towing, and auxiliary sail. Leilani has sold cruisers, sailboats, motor yachts, trawlers (Selene) and catamaran. Leilani has lived in Asia, Canada, and the USA.
Nathaniel's interests include sailing and motor-boating, boat and home projects, spending time outdoors, raising his two young children, romancing his wife, wine and food. While in the Navy, Muncko was assigned to an instructional post and earned his Master Training Specialist designation. She can assist all aspects of a sale from the documentation, marine financing, insurance, and marina slip availability. Mike resides in Coronado and is an active member of Coronado Cays Yacht Club, California Yacht Brokers Association, San Diego Sail and Power Squadron, and Porsche Club of America – San Diego Region. He leverages his instructional experience frequently, teaching and mentoring all range of subjects in which he has experience, including teaching novice sailors about their newly acquired boats. Mike Wales co-owns AGL Yacht Sales, Inc. with his wife Leilani Wales.
He has been on and around boats his entire life. He is currently working toward his Captains license. She also assisted in sea-trials, offshore deliveries of yachts from Seattle to Canada and Florida. Kyle's ultimate goal in life is to eventually circumnavigate the world by boat. Muncko enlisted in the Navy out of high school and through his career progression found himself attending school in San Diego at NTC. She is also a certified Open Water PADI Scuba Diver. YouTube/Leilani Yacht Consultant. Leilani Anne Wales, CPYB (Certified Professional Yacht Broker). Leilani moved from Seattle to San Diego to form AGL Yacht Sales.
When the course of events is influenced by the participants' bias, future events are open to manipulation by observers in a way that is not possible in natural science. ) There's a lot of things to say about why things have been so good in America. I mean, you could have summarized it in like a two or three-page white paper, in my personal opinion. Reflexivity in the Currency Market. And the 1980s, The Alchemy of Finance was somewhat of a revolution- ary book.
Jesse Livermore and Ed Kelley, his friend, on... That's the question that you should be asking. Financial markets bear a curious resemblance to scientific method: both involve the testing of hyoptheses. And so my opinion is, is if you're the person who's looking at it from more vantage points than the others, and your expectations are right, you can do well on the commodity. Details About The Alchemy of Finance Book PDF. I'll probably be the worst one when it comes to that, but about valuing commodities, we haven't been talking about it much. And I think that you can kind of use that may be as a trend line moving forward as far as maybe five percent, but to go, you know, what would it be 15 years after the start and say, "Hey, we didn't hit the mark of where it should be on the trend line, " I think is a little bit narrow in scope. Soros's conclusion is that the knot of recursion from reflexivity in all financial varieties (e. lender to debtor) is too challenging to untangle and the scientific method cannot be applied. You know how for some bands you would recommend listening to every album (or specific ones), which with others the recommendation will be to just go for 'the best of'? But when I say International, I'm just saying non-US. And man, it was pretty great. But I remember seeing it as a kid and thinking, Jesus Christ, at least half of this is bullshit.
But it's amazing to hear the thoughts of some of the smartest people in the world on this stuff and how they'll take something that they start with the textbook, with this equilibrium idea, and just kind of embellish on it just a bit. Who Should Read "The Alchemy of Finance"? But I'm not anxious to get into it, just because I have that concern with the supply and demand imbalance. So instead of beating that down, we're just going to stop that here. Yes, still it has an effect on the price of oil. That's what the theory of reflexivity is all about; the psychological aspect of the stock market that most people seem to forget about or recognize too late.
It's not quite exhilarating if you will, but it's a very good read. All things included, efficient markets and rational expectations suggest that markets are capable of optimal allocation of resources. This is, at various times, a personal reflection of the author's life, philosophical ruminations and accounts of some of the investment activities that Soros had been engaged in throughout his life. What he's saying is that when imports have a large import component, a country can stay competitive for a very long time. Phillips-Fein, K. (2019). He's saying that, imagine that you have a company with a market cap of 20 million and the earnings of 1 million. 3% compounded annually over that hundred year period.
I also like the idea that Soros just takes this efficient market hypothesis piece and just kind of slams it and shatters it in this book, because I would argue that he has the exact… It'd be his antithesis is the efficient market hypothesis where he is the of the opinion that it's always mispriced and that it's just a function of how badly mispriced it is. Friends & Following. So whenever you see somebody stock picks, make acquisitions, you should always look into like the size of the acquisition and how it's financed. Trends will favour prevailing biases of the time. One of the greatest traders and greatest minds of our lifetime.
So we're seeing oil kind of run into trouble going much lower around the $30 price, and it's gotten as low as $26. The pendulum has a left and right limit. Displaying 1 - 30 of 249 reviews. These inflection points can be determined by a credit cycle.
Okay, so our next question is from Jeff Henchman. The Intelligent Investor. An example of two-way relationship of reflexivity is as follows: A bank loans a business money based on collateral, which denotes the creditworthiness of a debtor. Especially in fixed income, rising asset prices drive up value of collaterals, and therefore risk tolerance of banks, and more lending means better economic activities and more borrowing. He makes these theories and he comes up with these ideas of what he thinks the market might do, in a macro sense, in the direction that it might move. Economists tend to get "physics envy". However, if equilibrium is not what markets are after, there is no remaining reason to suppose that the results will be optimal. Soros, an extremely successful hedge fund manager, is also referenced frequently in Nassim Taleb's eloquently expressed notions of optionality in Taleb's Incerto trilogy. He might have just been lucky.