Investor Strategy News will not be published next week, starting July 29. The entire publishing team (of two) is headed for the remote and historic Indonesian islands of Flores and Komodo. We are back, touch wood, for the following week’s publication.
For those who may be interested in this, Komodo, the home of the world’s largest lizard, is being closed to tourists in January next year for a year or more in order to help restore, or at least preserve, the Komodo ‘Dragon’ population.
Nearby Flores is where archaeologists discovered the “hobbit man” – Homo floresiensis – in 2004. The bones of nine people were discovered, preserved by lava from a nearby volcano. The scientists estimate that a full-grown person stood at only 1.1m tall.
The archeologic dig was a joint venture between Australian and Indonesian scientists. A dispute subsequently developed about who should preserve and house the bones. The Indonesians won the dispute, even though the Australians argued strongly that they had better facilities to preserve the bones. Testing after the discovery puts the age of the bones at between 60,000-100,000 years. It shows that different types of what we call human beings coexisted all those years ago.