Disclaimer

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.

Sunday, January 11, 2015

Climate change: how do we know?

A piece from NASA, giving the arguments why global warming is real.

This graph, based on the comparison of atmospheric samples contained in ice cores and more recent direct  measurements, provides evidence that atmospheric CO<sub>2</sub> has increased  since the Industrial Revolution.  (Source: [[LINK||http://www.ncdc.noaa.gov/paleo/icecore/||NOAA]])

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