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. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. 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, February 15, 2015

The scientific guide to global warming

It's long, but it's essential reading.

Every single indicator discussed in the report adds to the unequivocal evidence that global warming is (a) real and (b) man-made.  I urge you to read it.  In my opinion, global warming denialists are either cretins or venal.  Especially since the cost of switching to renewables is negligible.




And if that doesn't scare you (and it should), this article about how the warming of the Arctic (2-3 times as fast as the globe as a whole)  is leading to the massive release of methane which is, over a 20 year period, 85 times as potent a greenhouse gas as CO2 is.


We need to do something about global warming and we need to do it NOW.  Not by 2050.  That will be too late.

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