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.

Thursday, January 1, 2015

An old speech by Al Gore

Old, but even more relevant now than it was 6 years ago.  Things have got worse since then.

With this one, watch the video, because of all the interesting slides and video clips.  There's a particularly interesting and alarming section that shows methane clathrates melting and bubbling to the surface.  Methane is 20 times as potent a greenhouse gas as carbon dioxide.

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