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July 7, 2021 Dear Partner, SVN Capital Fund's Portfolio Returned 16.7% Gross and 15.3% Net of All Fees in the First Half of 20
July 7, 2021 Shreekkanth (“Shree”) Viswanathan President | Portfolio Manager 36 Berkshire Lane | Lincolnshire, IL 60069 T # 312-972-4217 Email: [email protected] Dear Partner, SVN Capital Fund’s portfolio returned 16.7% gross and 15.3% net of all fees in the first half of 2021. Your return will be different depending upon when you invested. In the following pages, I will walk you through changes to the portfolio, the top three holdings, and market musings. Before I get started with the portfolio, please allow me to digress a bit to talk about investing lessons from mountain climbing, specifically the 8,000ers. ******** We All Have Our Own Annapurna: On a hot summer day in Rockford, IL, after a grueling three-set Boys-18 tennis match that my son won, I decided to take him to the local public library to cool down before getting back on the court for his next match. Flipping through an old stack of Rockford Register Star, a local newspaper, an article celebrating a local son caught my attention. “Ed Viesturs makes history on highest peaks” (July 21, 2013). Ed is the only American to have reached the summit of all fourteen 8,000-meter (26,247 feet) peaks in the world...without the aid of supplemental oxygen. I am not sure why, but I was immediately intrigued by this man and his many accomplishments. Perhaps it is because, as Robert Pirsig says in his wonderful book Zen and the Art of Motorcycle Maintenance, “The allegory of a physical mountain for the spiritual one that stands between each soul and its goal is an easy and natural one to make.” While Mt. -
A Statistical Analysis of Mountaineering in the Nepal Himalaya
The Himalaya by the Numbers A Statistical Analysis of Mountaineering in the Nepal Himalaya Richard Salisbury Elizabeth Hawley September 2007 Cover Photo: Annapurna South Face at sunrise (Richard Salisbury) © Copyright 2007 by Richard Salisbury and Elizabeth Hawley No portion of this book may be reproduced and/or redistributed without the written permission of the authors. 2 Contents Introduction . .5 Analysis of Climbing Activity . 9 Yearly Activity . 9 Regional Activity . .18 Seasonal Activity . .25 Activity by Age and Gender . 33 Activity by Citizenship . 33 Team Composition . 34 Expedition Results . 36 Ascent Analysis . 41 Ascents by Altitude Range . .41 Popular Peaks by Altitude Range . .43 Ascents by Climbing Season . .46 Ascents by Expedition Years . .50 Ascents by Age Groups . 55 Ascents by Citizenship . 60 Ascents by Gender . 62 Ascents by Team Composition . 66 Average Expedition Duration and Days to Summit . .70 Oxygen and the 8000ers . .76 Death Analysis . 81 Deaths by Peak Altitude Ranges . 81 Deaths on Popular Peaks . 84 Deadliest Peaks for Members . 86 Deadliest Peaks for Hired Personnel . 89 Deaths by Geographical Regions . .92 Deaths by Climbing Season . 93 Altitudes of Death . 96 Causes of Death . 97 Avalanche Deaths . 102 Deaths by Falling . 110 Deaths by Physiological Causes . .116 Deaths by Age Groups . 118 Deaths by Expedition Years . .120 Deaths by Citizenship . 121 Deaths by Gender . 123 Deaths by Team Composition . .125 Major Accidents . .129 Appendix A: Peak Summary . .135 Appendix B: Supplemental Charts and Tables . .147 3 4 Introduction The Himalayan Database, published by the American Alpine Club in 2004, is a compilation of records for all expeditions that have climbed in the Nepal Himalaya. -
Thirteen Nations on Mount Everest John Cleare 9
Thirteen nations on Mount Everest John Cleare In Nepal the 1971 pre-monsoon season was notable perhaps for two things, first for the worst weather for some seventy years, and second for the failure of an attempt to realise a long-cherished dream-a Cordee internationale on the top of the world. But was it a complete failure? That the much publicised International Himalayan Expedition failed in its climbing objectives is fact, but despite the ill-informed pronouncements of the headline devouring sceptics, safe in their arm-chairs, those of us who were actually members of the expedition have no doubt that internationally we did not fail. The project has a long history, and my first knowledge of it was on a wet winter's night in 1967 at Rusty Baillie's tiny cottage in the Highlands when John Amatt explained to me the preliminary plans for an international expedi tion. This was initially an Anglo-American-Norwegian effort, but as time went by other climbers came and went and various objectives were considered and rejected. Things started to crystallise when Jimmy Roberts was invited to lead the still-embryo expedition, and it was finally decided that the target should be the great South-west face of Mount Everest. However, unaware of this scheme, Norman Dyhrenfurth, leader of the successful American Everest expedition of 1963-film-maker and veteran Himalayan climber-was also planning an international expedition, and he had actually applied for per mission to attempt the South-west face in November 1967, some time before the final target of the other party had even been decided. -
Nepal 1989 a V Saunders
AV SAUNDERS (Plates 25-27) These notes have been arranged in (more or less) height order. The intention has been to report developments and first ascents completed during the year, rather than to list repeat ascents of existing routes. 1989 was not a good year. There were few new routes, and several fatalities. On Everest (8 848m), reports ofovercrowding have become common place; this year they have been linked to outbreaks ofviral flu. As if this were not enough, there are now perennial arguments about the fixing of the route through the Khumbu icefall. Apparently the earlier expeditions who set up a route often demand payment from the-following expeditions who use the route. During the spring season, the Polish expedition organized by Eugeniusz Chrobak followed a variation on the W ridge route, avoiding the normal Lho La approach. Following a line with minimum avalanche danger, the team climbed Khumbutse (6640m) before descending to the Rongbuk glacier, where they established Camp I at 5850m. The line continued left of previous ascents to gain the W shoulder. Five more camps were established on the ridge and in the Hornbein Couloir. On 24 May Chrobak and Andrzej Marciniak reached the summit. Over the next two days they descended, stripping the camps with the help of two other team members. They reached Camp I in deteriorating weather to join another team arriving from base. The next day all the climbers set out for base, up the 600m fixed ropes over Khumbutse. At 1pm the six climbers were struck by an avalanche which broke the ropes. -
Tragedy on the Descent: the Ascent and Fall of Eddie Bauer
University of Tennessee, Knoxville TRACE: Tennessee Research and Creative Exchange Chapter 11 Bankruptcy Case Studies College of Law Student Work Spring 2010 Tragedy on the Descent: The Ascent and Fall of Eddie Bauer Austin Fleming Bryan C. Hathorn Follow this and additional works at: https://trace.tennessee.edu/utk_studlawbankruptcy Part of the Bankruptcy Law Commons Recommended Citation Fleming, Austin and Hathorn, Bryan C., "Tragedy on the Descent: The Ascent and Fall of Eddie Bauer" (2010). Chapter 11 Bankruptcy Case Studies. https://trace.tennessee.edu/utk_studlawbankruptcy/1 This Article is brought to you for free and open access by the College of Law Student Work at TRACE: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Chapter 11 Bankruptcy Case Studies by an authorized administrator of TRACE: Tennessee Research and Creative Exchange. For more information, please contact [email protected]. Tragedy on the Descent: The Ascent and Fall of Eddie Bauer Austin Fleming1 and Bryan C. Hathorn2 1 B.A. University of Memphis; J.D. University of Tennessee College of Law (expected). 2 B.A. Haverford College; Ph.D. California Institute of Technology; J.D. University of Tennessee College of Law (expected). 1 Contents I. Introduction ............................................................................................................................. 4 II. Corporate History .................................................................................................................... 5 III. The Pre-Petition -
Vallée De Serre Chevalier Briançon
VALLÉE DE SERRE CHEVALIER BRIANÇON www.altus-magazines.com Ski rent - Services Bar-Coff ee shop Concept Store Une nouvelle façon de louer vos skis Serre-Chevalier 1500 Monétier-les-Bains Départ des pistes 0492202688 ALTUS Édito Cela fait dix ans que les magazines Altus ont vu le jour dans les stations transalpines. SERRE CHEVALIER Dix ans que nos équipes ont à cœur de vous faire vivre la diversité de la vie HIVER 2017 - N° 14 en altitude. Les stations de montagne ont cette particularité qu’elles marient la pureté des sites avec la folle activité des vacanciers qui nous rejoignent. Retrouvez ALTUS Vous venez avec vos envies, votre soif de découvrir, votre joie d’être en sur votre mobile. vacances et tout se met en mouvement autour de vous lorsque vous arrivez www.altus-magazines.com ici dans votre station de cœur. Depuis dix ans, Altus vous donne les clés de cette vie hors du commun, faite de saisons, d’activités sportives et de loisirs, d’animations et d’événements. Depuis cinq ans, Altus a accéléré son DIRECTION développement en ouvrant de nouveaux sites prestigieux et en accroissant Directeur de la publication considérablement sa diffusion. Aujourd’hui, Altus est un média multicanal Alain Poncet [email protected] qui se lit sur papier glacé, sur écran, sur tablette et sur téléphone. Directeur d’édition Vous vous sentez bien ici ? Nous aussi ! Et nous allons continuer à vous Roland Claude Durand-Terrasson donner le maximum d’informations et de reportages pour qu’aucun aspect [email protected] de notre vie ne vous échappe. -
After Thin Air
After Thin Air The legacy of the 1996 Mount Everest tragedy by Michael Chessler ou already know the names of the mountain and the climbers. Climbing mania like this Yhad never happened before. It started with what was supposed to be a routine guided ascent of the highest peak trod by man. The peak had first been climbed a half century before and the public knew only the names of the first two men to climb it. It came as a surprise to the nation that climbers were risking their lives and the lives of their guides while spending great sums of money to climb this peak. And then a sensational magazine article of the ascent led to a best-selling book. Soon everyone wanted to see and hear the author in person. The lectures seemed to go on forever, the media loved it and the multitude of related books became a publisher’s dream come true. Soon everybody was talking about the famed expedition. Climbers and non-climbers alike debated the ethics and propriety of guided mountaineering. The author was thrust into a posi tion as the leading authority on the subject, and everyone was moved by his book and lec tures. He became rich from royalties, and his name will be forever associated with the peak he climbed but once. He is indelibly a part of mountaineering history and literature. Oh! Did you think I was talking about Jon Krakauer, Into Thin A ir and Mount Everest? Heavens, no! I was talking about Albert Smith, The Story of Mont Blanc, and the Mont Blanc mania of the 1850s! Mountaineering, with its media extravaganzas and celebrities, triumphs and tragedies, rule makers and rule breakers, best-selling books and wannabe rebuttals, has been around since the sport was introduced on Mont Blanc by J. -
New Yorker Magazine
ANNALS OF ADVENTURE THE MANIC MOUNTAIN Ueli Steck and the clash on Everest. BY NICK PAUMGARTEN TH RIFFI G AN H NAT JO 46 THE NEW YO R K E R , J U N E 3 , 2 0 1 3 TNY—2013_06_03—PAGE 46—133SC.—LIVE ART R23602—EXTREMELY CRITICAL PHOTOGRAPH TO BE WATCHED THROUGHOUT THE ENTIRE PRESS RUN 4C eli Steck’s closest brush with death, many of whom work as porters and guides April 27th was the day that a team of or at least the time he thought it like- for the commercial expeditions on Ever- Sherpas were installing the fixed rope. It liestU that he was about to die, came not est. This was on the first day that the is an essential and difficult job, involving when he plummeted seven hundred feet weather cleared for a summit push. The heavy gear and extreme working condi- down the south face of Annapurna, or next day, the crowds went up—hundreds tions on an ice cliff riddled with crevasses. spidered up the Eiger’s fearsome North of aspirants, most of them clients of com- The day before, the Sherpas, with help Face alone and without ropes in under mercial companies, and their Sherpas— from three Western guides, had nearly three hours, or slipped on wet granite and, amid the traffic jam approaching the completed the job but came to an untra- while free-climbing the Golden Gate summit, four climbers died, of exposure versable crevasse, which had forced them route of El Capitan with his wife, on their and cerebral edema. -
Catalogue 43: March 2011
Top of the World Books Catalogue 43: March 2011 Mountaineering Breashears and Salkeld, experts in historical mountaineering and Everest, examine the story of George Mallory, and his three expeditions to explore and [AAC]. Accidents in North American Mountaineering 2010. #25624, $12.- climb Everest, who along with Andrew Irvine disappeared in 1924. This [AAC]. American Alpine Club Journal 2010. #25550, $35.- wonderful book includes many vintage photographs, many of which have never been published, as well as images from the 1999 Mallory & Irvine Research Alpinist 33. Winter 2010-11. #25623, $10.99 Expedition which discovered Mallory’s body. Ament, Pat. Climbing Everest: A Meditation on Mountaineering and the Bremer-Kamp, Cherie. Living on the Edge. 1987 Smith, Layton, 1st, 8vo, st Spirit of Adventure. 2001 US, 1 , 8vo, pp.144, 37 illus, blue cloth; dj & cloth pp.213, photo frontis, 33 color photos, 4 maps, appendices, blue cloth; inscribed, new. #20737, $17.95 $16.15 dj fine, cloth fine. #25679, $35.- This is a new, hardcover edition of ‘10 Keys to Climb Everest’. Account of the 1985 first winter attempt on Kanchenjunga’s north face on which Bagley, Laurie. Summit! One Woman’s Mount Everest Climb Guides You Chris Chandler died. Signed copies of this book are unusual as Cherie lost all to Success. 2010 US, 1st, 8vo, pp.xi, 146, 5 bw photos, wraps; signed, new. of her fingers and toes following her tragic climb. #25621, $15.95 Cassin, Riccardo. La Sud del McKinley Alaska ‘61. 1965 Stampa Grafic Bagley, a part-time guide for Adventures International, has climbed Everest, Olimpia, Milano, 1st, 4to, pp.151, 14 color & 67 bw photos, map, gilt-dec Denali, Aconcagua, and Kilimanjaro. -
Cat 42 Final.P65
Top of the World Books Catalogue 42: November 2010 Mountaineering Bates, Robert H. The Love of Mountains is Best: Climbs and Travels from K2 to Kathmandu. 1994 Randall, Portsmouth, 1st, 8vo, pp.xv, 493, photo Alpinist #32 Autumn 2010. #25559, $9.99 frontis, 8 color & 144 bw photos, 12 maps, 5 sketches, photo eps, dec blue Sarmineto, Foraker, Karakoram, and much more! cloth; inscribed by Bates, dj fine, cloth fine. #9492, $89.- Alexander, Eric. The Summit: Faith Beyond Everest’s Death Zone. 2010 Bob Bates has provided us with a terrific book covering his entire career, from US, 1st, 8vo, pp.223, 72 color & 15 bw photos, drawing, appendix, wraps; the first ascent of Mt. Lucania with Bradford Washburn, to K2 in 1938 and 1953 signed, new. #25611, $14.99 with Charles Houston, to Ulugh Muztagh. This book is a must read, with maps Alexander presents a powerful story of guiding people with disabilities to six of and sketches by Dee Molenaar. the Seven Summits. Here are his accounts of Ama Dablam (2000 with Erik —. Mountain Man: The Story of Belmore Browne - Hunter, Explorer, Weihenmayer), Everest (2001 with Erik Weihenmayer), Elbrus & Mt Cook Artist, Naturalist and Preserver of our Northern Wilderness. 1991 Amwell (2002), Pisco (2003), Kilimanjaro (2004, 2007), Aconcagua & Denali (2005), Press, Clinton, 2nd, 4to, pp.xvii, 424, 33 color illus, 98 bw photos, sketches, 4 and Vinson (2006). Intertwined throughout is Eric’s strong faith in God and life maps, appendix, gilt dec brown cloth, slipcase; slipcase fine, cloth new. lessons gained with his expeditions. #23623, $59.- Ardito, Stefano, ed. -
So You Want to Climb Everest .
Br Med J (Clin Res Ed): first published as 10.1136/bmj.289.6460.1773 on 22 December 1984. Downloaded from BRITISH MEDICAL JOURNAL VOLUME 289 22-29 DECEMBER 1984 1773 Medicine and Travel So you want to climb Everest . .. ? R N VILLAR Tibet is a long way from home and if it was not for Everest I would never have gone there. Mount Everest, at over 29 000 feet, must be the most frustrating mountain in the world. The first expedition to stand a man on the top, in 1953, was the 17th such attempt on the summit, though these days, with modern equipment, a party has a 25% chance of success. Historically, it is a catalogue of disaster. Avalanche, exposure, and falls have killed as many climbers as there have been expeditions, and now, in 1984, the total stands at over 50. I confess to being blissfully unaware of the odds when it was first put to me that I might accompany a party to "the big one" at a time to be subsequently arranged. Once I did realise the hazards my feelings hovered between total panic and professional puzzlement as to how you should organise the medical cover for a venture of such magnitude. Everest doctors had, it seemed, always formed an elite clique, possessing knowledge and skills not available to the ordinary run of the mill clinician such as myself. That was four years ago. Now, with a couple of high altitude expeditions under my belt, I too am an Everest doctor, having been tested both The North Face. -
An Attempt on Everest's West Ridge from Tibet
An Attempt on Everest’s West Ridge from Tibet G a l e n A . R o w e l l I N MARCH 1983 I traveled through Tibet to Mount Everest with sixteen other members of the American Everest West Expedition. Bob Craig was our overall leader, and I was the climbing leader. Our goal was a self-contained ascent of the complete west ridge. Without Sher pas, low porters, or oxygen, we hoped to follow a new route on the Tibetan side up to 24,000 feet, where we would join the path followed by the Yugoslav expedition that made the only ascent of the complete ridge in 1979 from Nepal. When I reconnoitered the route during a dash to the North Col in 1981, I was impressed not only by its extreme length and technical difficulties up high, but also by the lack of avalanche and icefall dangers that plague other approaches to the peak. The west ridge is safe from everything but the wind; every inch is exposed ground. I grew to appreciate Mallory’s comment that on the Tibetan side of Everest “one may delight in being warm anywhere.” The Tibet we entered by way of a flight to Lhasa on March 16 was not, as most imagine, a freezing land of ice and snow. Even in winter it is more like a freeze-dried Nevada with intense radiant heat whenever the sun shines. In win ter I was able to run shirtless through town, where the only department store displayed basketballs next to violins next to toy Space Tanks.