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Thursday, March 31, 2016
Wednesday, March 30, 2016
Newest Policyholders Under Health Law Are Sicker and Costlier to Insurers - The New York Times
ACA is a success. It is treating the poorest and the sickest of our society.
Newest Policyholders Under Health Law Are Sicker and Costlier to Insurers - The New York Times
Tuesday, March 29, 2016
Monday, March 28, 2016
Sunday, March 27, 2016
Saturday, March 26, 2016
Friday, March 25, 2016
Lunch with the FT: Yanis Varoufakis — FT.com
Lunch with the FT: Yanis Varoufakis — FT.com:
“Look, I have no idea where it’s going to end up,” he says. “It will probably end up in failure like all the best intentions. Let’s be honest about this: life ends with death. We know that. That’s not a reason not to live, right?”
“Look, I have no idea where it’s going to end up,” he says. “It will probably end up in failure like all the best intentions. Let’s be honest about this: life ends with death. We know that. That’s not a reason not to live, right?”
Thursday, March 24, 2016
Wednesday, March 23, 2016
Tuesday, March 22, 2016
Monday, March 21, 2016
EconoSpeak: The Lesson of Carrier: America Needs a Real Socialist Agenda
If you believe this, start a company and run it this way.
EconoSpeak: The Lesson of Carrier: America Needs a Real Socialist Agenda
Friday, March 18, 2016
Thursday, March 17, 2016
Wednesday, March 16, 2016
Tuesday, March 15, 2016
Ackman letter on Valeant - Business Insider
Ackman letter on Valeant - Business Insider:
"We continue to believe that the value of the underlying business franchises that comprise Valeant are worth multiples of the current market price,"
"We continue to believe that the value of the underlying business franchises that comprise Valeant are worth multiples of the current market price,"
Globalization and Growth - The New York Times
Adding more higher valued exports does not necessarily increase relative GDP
Globalization and Growth - The New York Times
Globalization and Growth - The New York Times
Monday, March 14, 2016
Mental Games and Libor Blame - Bloomberg View
Matt Levine knows Warren Buffet. You are no Warren Buffet:
Mental Games and Libor Blame - Bloomberg View
Mental Games and Libor Blame - Bloomberg View
MR. BONDI: Okay. What kind of due diligence did you and your staff do when you first purchased Dun and Bradstreet in 1999 and then again in 2000?MR. BUFFETT: Yes. There is no staff. I make all the investment decisions, and I do all my own analysis. And basically it was an evaluation of both Dun and Bradstreet and Moody’s, but of the economics of their business. And I never met with anybody.Dun and Bradstreet had a very good business, and Moody’s had an even better business. And basically, the single-most important decision in evaluating a business is pricing power. If you’ve got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you’ve got a terrible business. I’ve been in both, and I know the difference.
I think a lot about the advantages that investors get by meeting with management teams, and surely any management team would be happy to show Warren Buffett around. But, nah. He reads the annual reports, thinks about the business, applies a folksy aphorism, and he's in, no meeting -- and certainly no investing staff -- required.
Ban Drug Ads on TV? Some Positive Outcomes Would Be Lost - The New York Times
Disagree. Seems to be very little merit in ads. Like ads for financial advice.
Ban Drug Ads on TV? Some Positive Outcomes Would Be Lost - The New York Times
Ban Drug Ads on TV? Some Positive Outcomes Would Be Lost - The New York Times
Sunday, March 13, 2016
EIA - Electricity Data
In 2015 the total US generation was 4,087,381 MW hours
Coal generated 1,356,057 MW hours
Gas Generated 1,335,068 MW hours
Nuclear generated 797,178 MW hours
Wind generated 190,927 MW hours
Solar 38,614 MW hours.
In other words,
Coal 33%
Gas 32.6%
Nuclear 19.5%
Wind 4.6%
All Solar 0.9%.
Yep, the 40% growth in 2015 really put solar on the top of the heap. If it keeps going at that rate, it might generate 1% of all the electricity in 3 or 4 years.
EIA - Electricity Data
Coal generated 1,356,057 MW hours
Gas Generated 1,335,068 MW hours
Nuclear generated 797,178 MW hours
Wind generated 190,927 MW hours
Solar 38,614 MW hours.
In other words,
Coal 33%
Gas 32.6%
Nuclear 19.5%
Wind 4.6%
All Solar 0.9%.
Yep, the 40% growth in 2015 really put solar on the top of the heap. If it keeps going at that rate, it might generate 1% of all the electricity in 3 or 4 years.
EIA - Electricity Data
Saturday, March 12, 2016
Friday, March 11, 2016
Thursday, March 10, 2016
Reflections On the End of the GOP | Skunk Works
Reflections On the End of the GOP | Skunk Works:
The modern GOP as a political construct has principally been an alliance between two interest groups: urban economic elites and rural social conservatives. The reason the party is disintegrating is that it has over-delivered to the former, and completely failed the latter.
The modern GOP as a political construct has principally been an alliance between two interest groups: urban economic elites and rural social conservatives. The reason the party is disintegrating is that it has over-delivered to the former, and completely failed the latter.
Wednesday, March 09, 2016
Tuesday, March 08, 2016
Monday, March 07, 2016
Marc Ambinder: Why people follow Donald Trump - NY Daily News
Who better than the Daily News to explain Trump?
Marc Ambinder: Why people follow Donald Trump - NY Daily News
Marc Ambinder: Why people follow Donald Trump - NY Daily News
Sunday, March 06, 2016
Saturday, March 05, 2016
Thursday, March 03, 2016
Wednesday, March 02, 2016
TheMoneyIllusion � Trump The Timid
TheMoneyIllusion � Trump The Timid: �
Sanders lost in the People’s Republic of Massachusetts, and won in Oklahoma. �I used to think I understood America, but I have no idea what’s going on.
Sanders lost in the People’s Republic of Massachusetts, and won in Oklahoma. �I used to think I understood America, but I have no idea what’s going on.