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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. -
Everest Book Three the Summit
364910_FM_v1_. 10/13/11 10:44 PM Page iii GORDON KORMAN EVEREST BOOK THREE THE SUMMIT SCHOLASTIC INC. New York Toronto London Auckland Sydney Mexico City New Delhi Hong Kong 364910_FM_v2_. 11/2/11 11:25 PM Page iv For Daisy Samantha Korman My Summit If you purchased this book without a cover, you should be aware that this book is stolen property. It was reported as “unsold and destroyed” to the publisher, and neither the author nor the publisher has received any pay- ment for this “stripped book.” No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission of the publisher. For information regarding permission, write to Scholastic Inc., Attention: Permissions Department, 557 Broadway, New York, NY 10012. ISBN 978-0-545-39234-1 Copyright © 2002 by Gordon Korman. All rights reserved. Published by Scholastic Inc. SCHOLASTIC and associated logos are trademarks and/or registered trademarks of Scholastic Inc. 12 11 10 9 8 7 6 5 4 3 2 1 12 13 14 15 16 17/0 Printed in the U.S.A. 40 This edition first printing, March 2012 364910_Text_v1.qxd_. 10/13/11 10:41 PM Page 1 PROLOGUE The wind pounced on them above twenty-five thousand feet. As the youngest expedition in Everest history scrambled up the Geneva Spur, the onslaught be- gan — overpowering, unpredictable gusts that threatened to pluck the climbers off the mountain and hurl them into space. Amazingly, this was nothing new to them. -
Scaling the World's Most Challenging Summits Is Dangerous to Some. To
SCALING THE WORLD’S MOST CHALLENGING SUMMITS IS DANGEROUS TO SOME. TO DAVE HAHN, IT’S JUST A MATTER OF WALKING UPHILL A LITTLE LONGER THAN USUAL. KING SHEER FEAR OF THE HILLBY MICHAEL HAEDERLE photo: matthew turley matthew photo: 74 discovery channel magazine.com september 2009 75 WAS A LONG, COLD NIGHT IN After this first and most harrow- ROUTE TO THE TOP MAY 1994. CROUCHED ALONE ing success, Hahn went on to climb Hahn grew up in Kingston, New York, IIN A SNOWTSTORM 8,500 Everest a further ten times, more where his father, a former climber in than any other non-Sherpa, estab- Yosemite National Park, took him METRES UP ON THE NORTHEAST lishing himself as one of the world’s camping in the nearby Catskill and RIDGE OF MOUNT EVEREST leading high-altitude climbers. The Adirondack Mountains. As a teenag- lanky 47-year-old has also conquered er he visited his mother’s hometown – without oXYgen – DAVE the 4,897-metre Vinson Massif, the of Albuquerque, New Mexico, and HAHN HUNG ON FOR FIRST highest peak in Antarctica, a record scaled the craggy 3,255-metre Sandia LIGHT, DESPERATELY WILLING 26 times. Add to that 18 ascents of Crest. He returned to New Mexico af- Mount McKinley (also known as De- ter college to work as a ski instructor, HIMSELF TO STAY AWAKE AFTER nali) in Alaska and more than 250 but had an epiphany in 1985 when he 48 HOURS OF CONTINUOUS scalings of Mount Rainier in the US enrolled in a mountaineering course state of Washington and you have run by the Mount Rainier guide ser- CLIMBING. -
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. -
Everest – South Col Route – 8848M the Highest Mountain in the World South Col Route from Nepal
Everest – South Col Route – 8848m The highest mountain in the world South Col Route from Nepal EXPEDITION OVERVIEW Join Adventure Peaks on their twelfth Mt Everest Expedition to the world’s highest mountain at 8848m (29,035ft). Our experience is amongst the best in the world, combined with a very high success rate. An ultimate objective in many climbers’ minds, the allure of the world’s highest summit provides a most compelling and challenging adventure. Where there is a will, we aim to provide a way. Director of Adventure Peaks Dave Pritt, an Everest summiteer, has a decade of experience on Everest and he is supported by Stu Peacock, a regular and very talented high altitude mountaineer who has led successful expeditions to both sides of Everest as well as becoming the first Britt to summit Everest three times on the North Side. The expedition is a professionally-led, non-guided expedition. We say non-guided because our leader and Sherpa team working with you will not be able to protect your every move and you must therefore be prepared to move between camps unsupervised. You will have an experienced leader who has previous experience of climbing at extreme high altitude together with the support of our very experienced Sherpa team, thus increasing your chance of success. Participation Statement Adventure Peaks recognises that climbing, hill walking and mountaineering are activities with a danger of personal injury or death. Participants in these activities should be aware of and accept these risks and be responsible for their own actions and involvement. Adventure Travel – Accuracy of Itinerary Although it is our intention to operate this itinerary as printed, it may be necessary to make some changes as a result of flight schedules, climatic conditions, limitations of infrastructure or other operational factors. -
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 -
Everest Expedition Summit the World’S Highest Mountain
Everest Expedition Summit the world’s highest mountain HIGHLIGHTS: Summiting the highest mountain Stunning views from the roof top of the world Colourful Buddhist culture and the spirit of Sherpa people www.himalayanascent.com OVERVIEW • Employing an experienced, strong, caring In 2020 Himalayan Ascent will be and professionally trained team of Sherpa undertaking our 10th expedition to Mount guides on the mountain, all with previous Everest, following the successes of past Everest experience/summits expeditions since 2010. The ultimate • Creating a small, cohesive team of dream of most mountaineers is to one climbers and Sherpas day take on the biggest mountaineering • Strictly vetting the calibre of expedition challenge possible – climbing Mount members Everest – and Himalayan Ascent is here to • Providing a comfortable base camp help you make that dream a reality! • Staying healthy Of course, turning the dream into reality We will tackle Mount Everest via the requires a lot of hard work, and Himalayan South Col and South East ridge route. Ascent will only accept climbers who have You’ll feel like you’re climbing through the requisite skills and level of experience. history as you pass through and across such infamous features as the Khumbhu The aim of Himalayan Ascent’s Mount Icefall, the Western Cwm, the Yellow Band Everest Expedition is to provide the and the Geneva Spur. Once you’re on necessary framework for expedition the summit push, you’ll look back in awe members to have a safe, enjoyable towards Makalu, Lhotse, and when you’re trip, with the best possible chance of standing on the South Summit you’ll stare summiting. -
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. -
Expedition Everest 2004 & 2005
A L G O N Q U I N C O L L E G E Small World Big Picture Expedition Everest 2004 & 2005 “A Season on Everest” Articles Published in the Ottawa Citizen 21st March 2004 – 29th June 2004 8th March 2005 – 31st May 2005 Back into thin air: Ben Webster is back on Mount Everest, determined to get his Canadian team to the top By Ron Corbett Sunday, March 21, 2004 Page: C5 (Weekly Section) The last time Ben Webster stood on the summit of Mount Everest, the new millennium had just begun. He stepped onto the roof of the world with Nazir Sabir, a climber from Pakistan, and stared at the land far below. The date was May 17, 2000. Somewhere beneath him, in a camp he could not see, were the other members of the Canadian Everest Expedition, three climbers from Quebec who would not reach the summit of the world's tallest mountain. As Webster stood briefly on the peak -- for no one stays long on that icy pinnacle -- stories were already circulating he had left the other climbers behind, so driven was he to become the first Canadian of the new millennium to reach the top of Everest. He would learn of the stories later, and they would sting. Accusation followed nasty accusation, the worst perhaps being that the other climbers had quit on him, so totalitarian had they found his leadership. When Webster descended from the mountain, he walked into a firestorm of negative publicity that bothers him to this day. At times in the ensuing four Julie Oliver, The Citizen's Weekly Shaunna Burke, a U of O doctoral student, Andrew Lock, an Australian, years he would shrug, and say simply he was the and Hector Ponce de Leon, of Mexico, will attempt a team assault on strongest of the four climbers, the only one able to Everest in May, led by Ottawa climber Ben Webster. -
Five Miles High Without Oxygen
59 Five Miles High Without Oxygen Paul Moores Photographs 20- 21 I followed the yaks over the glacier ice to the moraines. They were slow but even beneath the 60kg ofequipment that each ofthem carried they were sure-footed. I could see Adrian Burgess and Peter Hillary ahead, already levelling out tent platforms among the grey moraine rubble and expedition debris of Everest basecamp. This- would be our home, our base for the next two months - a magnificent spot surrounded by jagged peaks and on one side the tumbling whiteness of the Khumbu icefall. This expedition was destined to be rather different from most, not just because we were making a lightweight attempt on Lhotse, the world's fourth highest mountain, without oxygen or high-altitude sherpas, but because we would be sharing the lower part of the route with the $4 million Canadian Everest Expedition. On our first night at basecamp we were invited to the large Canadian camp for dinner. It was expansive with nearly 60 men living there and, as we found later, had a clearly delineated social structure - even suburbs. There was the Sherpa quarter with its own cook tent on the eastern side of town; the doctor's residence on the northern perimeter; the most senior members including Bill March, the leader, and deputy leader, Kiwi Gallagher, in the western suburbs; and all the Canadian 'young guns' on the south side. A long off-white tent was where we were bound - the Sahibs' mess tent. Bending low, we entered, feeling ravenous - and apprehensive. There was hardly a word being said. -
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. -
Survival Tips: Enjoy Winter’S Wonders with Confidence
WWW.MOUNTAINEERS.ORG JANUARY 2011 • VOLUME 105 • NO. 1 MountaineerE X P L O R E • C O N S E R V E • L E A R N Survival tips: Enjoy winter’s wonders with confidence Leif Whittaker’s Everest journey 2011 course guide HAVE SKIS, and climband ski WILL TRAVEL Dylan Taylor JOE STOCK’S idea of a good time typically requires skis, high mountains, long distances, Hilleberg Nammatj and uncharted territory. Since 2006, Joe has made 100+ mile traverses through Alaska’s Chugach, Neacola and Tordrillo Mountains – all involving more than 20,000 feet of vertical respectively – and has skied off the summit of Mount Chamberlain, the highest mountain in the Alaskan Arctic. In the spring of 2010, he skied a high and technical crossing of Alaska’s Wrangell Mountains, a range noted for its high peaks, or o er three decades, Hilleberg has been making he highest quality all season rugged terrain, bears, and an alarming lack of tents available. Conceived and developed in northern Sweden, Hilleberg tents up-to-date cartography. During his little jaunts, offer the ideal balance of low weight, strength, and comfort. Order our catalog he calls a Hilleberg Nammatj home. “The Tent Handbook” for more information. “I never know what I'm getting into on remote Alaska ski expeditions: 75+mph winds, drifting snow or even swarms of mosquitoes, but I always know my Nammatj will handle the conditions. It sets up fast in a raging blizzard, has plenty of room for us and our gear, and it is bombproof.” WWW.HILLEBERG.COM (For more, see www.stockalpine.com) • Toll Free: 1-866-848-8368 • 2 the mountaineer » jan/feb 2011 www.mountaineers.org 3 inside Jan/Feb 2011 » Volume 105 » Number 1 13 Gear: Best 11 for 2011 Enriching the community by helping people explore, conserve, learn about, and enjoy the 15 Your ticket to the outdoors lands and waters of the Pacific Northwest.