Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. I do make mistakes, but I try hard to do my analysis thoroughly, and to make sure my data are correct. Remember: the unexpected sometimes happens. The expected does too, but all too often it takes longer than you thought it would.

The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Monday, December 10, 2012

4 Ways to leap the Fiscal Cliff

Some good points in this piece

I don't think it makes sense to raise company tax.  But a carbon tax of just $5 a tonne, will raise $34 billion a year, and if it rises by $2 a year, substantially more within 10 years, while also encouraging a decline in emissions.

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