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3G Capital Management's investing priorities are reflected in its name, which stands for good business, good management and good price. WHEN HE WAS GROWING UP IN MINSK, CAPITAL OF THE then Soviet republic of Byelorussia (now Belarus), Pavel Bugun dreamed of being a capitalist entrepreneur. At age 11, he started selling strawberries and apples at a local farmers' market. By 14, he and a friend were buying steel bars wholesale and selling them at a mark-up to makers of steel-reinforced concrete. And at 17, he launched an accounting newspaper and built it into one of the leading trade publications in the country. He sold it three years later, at a nice profit. Begun's early success fueled his ambition. After reading about famed value investors Benjamin Graham and Warren Buffett, he decided he wanted to become one. "That meant... [read full story]
It's a little-known - and slightly ironic - fact that when Lehman Brothers exploded last year it did so as the proud owner of 500,000 pounds of yellowcake uranium: enough to make a nuclear bomb. Uranium’s appeal was as a...
Barry Richardson said it was hard not being able to afford presents "If you're unemployed and you've got no money coming in it's hard," said Barry Richardson, who has lived his whole life in Coventry's Wood End estate. Many of...
It hasn't made massive headlines in Europe; in fact it's hardly been noticed. But over the last fortnight, three big countries have made major new pledges to cut their emissions of carbon dioxide from industry, transport and...
• Support groups explore masculinity as a concept • Critics claim societies a front for 'macho activities' After decades of feminism, equal rights and "women-only" support networks, a lower, deeper voice is attempting to make...
