Each month, Without Borders highlights actionable investment and lifestyle opportunities from around the world. Our editors provide subscribers with real opportunities to profit from subtle shifts in the global economic and geopolitical landscape. Because our team is constantly on the road talking to government ministers and business leaders, as well as bartenders, street vendors, ship captains, stevedores and stockbrokers, our readers are able to position their portfolios ahead of the herd. Our subscribers have thrived while the markets collapsed. Our readers watched as fortunes were lost while their portfolios proved resilient. Then, with our help, they capitalized on opportunities created by crisis. 

At Without Borders, we don’t rely on the same charts, graphs and analyst reports that everyone else on Wall Street reads. We don’t care about moving averages or some arcane asset allocation model. We care about good investments available at a significant discount. We care about finding interesting places to spend our time and our money. Being average is unacceptable. Here at Without Borders we eat our own cooking. We scout the globe for investments for our own account because that is how we support our families. We are capitalists. If we allocate our capital properly, we thrive. If we do not, we feel the pain. Along the way, we simply write what we see and what we are doing with our time and our money. We feel the Without Borders community is a like-minded group of intellectual adventurers, and we enjoy sharing our insights with such a unique group of independent thinkers. 

Here is a recent example: In February, while bargain hunting in Latin America, we came across a little-known publicly traded dairy producer that we identified as a real bargain. At that time we wrote:

The Perfect (NO) Storm – The No-Liquidity Double Whammy

Since July of last year, the company has been battered by hard times. The worst drought since the forties hit them very hard this year and put expansion plans on hold and increased their costs per animal unit just at the same time as the global financial crisis hit. Milk prices more than halved in the second half of last year from $20 to $10 per hundred pounds.

Hard Times = Good Speculation

The shares have collapsed in recent months, and are now trading at a significant discount to its net tangible assets, which are conservatively priced at $1.74 per share. We are familiar with their land holdings and have personally surveyed much of it on horseback. Moreover, we have spoken to their local banks and other farmers, and we are very comfortable with the asset valuation.

Since then the shares are up over 25%, and if you were investing in US dollars, you have another 5+% gain on the currency! This is just one recent example of an opportunity we uncovered because we look where others are not looking. How many Wall Street analysts bother to get their butts on a plane and visit companies located thousands of miles away? Not only do we get our butts on a plane, we saddle up!

Not only do we go the extra mile or kilometer for our readers but we also bring an entirely unique perspective to our travels and the way we commit capital. Take a look at the bio of our senior editor, and you will begin to see how we differ from the pinstripe brigade.

Fitzroy McLean

Fitz is a West Point graduate and former Army Ranger and Special Operations Officer who served throughout Europe, Africa, and the Middle East. After his army days, he was recruited into the CIA’s Clandestine Service, where he earned his living running covert and paramilitary operations. His red, white, and blue upbringing had convinced him that he was working for the “Good Guys,” yet a nagging doubt of how “noble” his work really was and an unfortunate incident involving public nudity led to his departure. Fitz soon found himself in the ultimate arena of subterfuge, deceit, and deception: politics. It was during his stint on the national election stage that Fitz was struck with an epiphany: he didn’t believe in government at all, at least not the intrusive form of government espoused by his political sponsors. After politics, Fitz went on to earn a graduate degree from Oxford, then headed off for the emerging markets of Africa, Eastern Europe, South America, and the Middle East, first as an entrepreneur and later as a fund manager. His emerging-market fund earned over 30% annually before being absorbed by one of the world’s largest sovereign wealth funds. Fitz, proud of his political incorrectness, is a self-described Libertarian with anarchist and hedonist tendencies. He’s not an angry expat, “America Basher,” or any kind of basher at all. He still loves America, if not its government, and firmly believes in the ideas advanced by the US founding fathers. While scouring the globe for profitable investments, he is always in search of a small, isolated place where he can found Fitzmcleanastan. Without Borders readers will be first to know when passports are available.

Come with Us

As you can see, we have a unique view. We never believed in the efficient market hypothesis, and we never will. We prove regularly that there are indeed undiscovered investment opportunities if you are willing to do the extra leg work. We invite you to join us on this journey of discovery and adventure as we increase our knowledge and our wealth. Check out a sample edition, peruse the free articles and see if you like what we are all about. If your interest is piqued, then Subscribe Now to take full advantage of our no-risk trial offer. No hard sell. No strings. No gimmicks. You are either one of us or you’re not. Click here to try it, and if it isn’t a good fit, we’ll give you your money back.