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.

Friday, April 3, 2015

3 reasons to be optimistic

There are 3 reasons to be optimistic about renewables replacing fossil fuels soon, according industry insiders as reported ino this article, via JPratt's climate change blog.

  1. Politicians are supporting it [because renewables are now as cheap as or cheaper than fossil fuels and because the evidence of global warming has become incontrovertible]
  2. Storage is becoming cheaper
  3. Investment in renewable power is booming.

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