The best predictor of the market is the market
Those who have knowledge, don't predict. Those who predict, don't have knowledge.
Lao Tzu
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If you have expensive Energy you will be poor
From Bill gates book , page 10.
Around the same time, the late scientist David MacKay, a professor at Cambridge University, shared a graph with me that showed the relationship between income and energy use—a country’s per capita income and the amount of electricity used by its people. The chart plotted various countries’ per capita income on one axis and energy consumption on the other—and made it abundantly clear to me that the two go together: As all this information sank in, I began to think about how the world could make energy affordable and reliable for the poor.
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Why haven’t I had flu for the last 40 years? Duke of Edinburgh
“Why haven’t I had flu for the last 40 years?” he demanded.
Express, By JANE WARREN
The doctor’s response suggested he had a strong immune system enabling him to fight off the virus without feeling unwell, coupled with the fact he does not “go on the Tube every day”.
But there is more to the Duke’s health than access to a better quality of life than many people. This is a man who has always shunned the pursuits of typical pensioners. Even as an octogenarian he continued to compete in demanding carriage driving competitions, a sport he took up in 1971 after retiring from polo in his 50th year...............................
He stopped smoking in 1947, shortly before his wedding to the Queen and once said that he follows a low-carbohydrate Atkins-type diet. He drinks moderately and is said to swim regularly. One of the Queen’s former physicians described him as “astonishingly fit for a man of his age”.
Your diet is a bank account. Good food choices are good investments.
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Ride the Rally
"ride the rally and drown out warnings that the market has become overheated."
--Bob Michele - the chief investment officer at JPMorgan Asset Management which manages $2.3 trillionFrom Macro Charts
Why the big picture is critical – especially now:
Nearly all global Stock markets are back in uptrends (rising 200dmas).
This condition defined all Bull Markets in history.
It's one of the strongest readings ever – usually seen at the start of Major advances. Follow the trend.
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A good politician is good at being elected
Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.
Frederic Bastiat
A good politician is good at being elected not at doing smart things. No one can blame him for doing stupid things the only thing he cares is to look good now or before the election.
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ESG is failing , no surprise here
Is oil going to shoot back to $100 a barrel, as underinvestment in the sector crashes into post-pandemic demand?
Both JPMorgan and Goldman Sachs think we’re entering a new oil supercycle, despite predictions demand could peak within a decade or so
I don't know about oil , my bet would be nuclear it's clean and it's economic viable. wind and Solar don't work, very nice but don't work. The economics are poor. Wind and solar are a scam, someone is making serious money. I don't make any money from nuclear I just loved to have cheap energy.
"What happens if we reach zero emissions & nothing changes about the climate, yet Americans are poorer for the effort?"
--Allen Brooks
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China on Track to Supplant US as Top Nuclear Energy Purveyor
“For a successful technology, reality must take precedence over public relations, for nature cannot be fooled.” Richard Feynman
Even if Green Energy is green (I doubt Ethanol, etc... ) the economics (all costs involved) of wind and solar are weak at best. The results are disappointing but normally if something is not working politicians double down. Europe that has a bet on alternative Energy has energy costs much greater that US , China etc.. . Europe is behind those other superpowers recently that bet is part of the reason.
The Economy is energy transformation. Expensive energy, weak economy.
Physics matters. It was not a random or arbitrary fluctuation, much less political favor or the power of vested interest, that led coal to dominate British energy supply as early as 1700, eroding the status of a deeply resistant landed aristocracy and gentry. It was not thanks to politicians that in the following centuries coal, oil, and gas established an overwhelming position in global energy supply. On the contrary, it was the intrinsic physical properties of those fuels that led to their preferment, properties which can be summed up in a single term: Fossil fuels are of low entropy.
John Constable
China on Track to Supplant US as Top Nuclear Energy Purveyor
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Capitalism without bankruptcy is like Christianity without hell
When you protect one child he is going to be the weak one forever. Think about that. Europe is the weak one and America wants to copy. BUY ASIA
Crony capitalism is an economic system in which businesses thrive not as a result of risk, but rather as a return on money amassed through a nexus between a business class and the political class. This is often achieved by using state power rather than competition in managing permits, government grants, tax breaks, or other forms of state intervention.
Definition of crony capitalism
: an economic system in which individuals and businesses with political connections and influence are favored (as through tax breaks, grants, and other forms of government assistance) in ways seen as suppressing open competition in a free market
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ESG in a nutshell
That is why I think Nuclear is the only ESG option. Alternatives are no alternative. If you spend 1 you get 3 with wind, if you spend 1 you get 50 with oil ( The Saudis get more) if you spend 1 you get 70 or 80 with nuclear ............. We can cover the world with solar panels and only 20% of demand will be met .
Oil is going to the sky .........
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I cut coffee 3 days ago
The key message: If you want to be an effective leader, and rise in the ranks, get enough sleep.
HBR
Fatigue makes cowards of us all
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Tomorrow is the NASDAQ Composite's 50th birthday
Tomorrow is the NASDAQ Composite's 50th birthday. It started at 100 on Feb 5, 1971.
Nasdaq is an incredible history of success, is the triumph of man aided with a machine, it was a bet on the future vs the present.
"Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations.
―
“Our wretched species is so made that those who walk on the well-trodden path always throw stones at those who are showing a new road.”
― Philosophical Dictionary
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The only thing you need to know to do well in the stock market
Obviously, you don’t have to be able to predict the stock market to really make money with stocks.
Peter Lynch
The Stock market and the economy are two different things
Milton Friedman
Sometimes to read the news can be very damaging to your trading account. The price tells you almost everything. Ignore the noise. If you don't read news your health will improve big time also.
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Francisco Carneiro
Lisbon Family Office
There is always a Bull market in the World
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