Stock market is the only place people run from when things go on sale

Wednesday, September 28, 2022 Francisco 0 Comments

TAGS:

There are not many stock market panics when you see one use it. We are living a bit of a panic in 2022. when is it going to end? I don't know so just start and buy a bit  here and a bit there. If it falls a lot even better you buy a bit more.

Long term I think market is going to up for the simple reason that companies don't distribute all their profits , so the pile gets bigger & bigger.

If you don't know what to buy, just ask a professional that you trust.

“The intelligent investor is a realist who sells to optimists and buys from pessimists.”

“You make most of your money in a bear market, you just don’t realize it at the time.”

The secret of your future is hidden in

Sunday, September 25, 2022 Francisco 0 Comments

TAGS:

 "The most practical skill in life is learning to do things when you don’t feel like doing them. Anyone can do it when it’s easy, but most people drop out the minute easy stops."

Ben Greenfield

The secret of your future is hidden in your daily routine.

 Mike Murdock

“It's a hard thing to leave any deeply routined life, even if you hate it.”
― John Steinbeck

It cost zero to my kids to do what is their routine, zero. So it's key to control the routine.  If you find a good routine results are going to be good. That is why diets don't work, but a change in the way you eat makes a big difference.

I have been in Copenhagen this week

Monday, September 19, 2022 Francisco 0 Comments

TAGS:

“No one gets into trouble without their own help.”
– Danish Proverb

“Sail while the breeze blows, wind and tide wait for no man.”
– Danish Proverb

1.Flat country

2.No police in sight, I haven't seen one

3.I haven't seen anyone checking if I had a train ticket (I had a 3 day pass)

4.There are no doors to enter the Metro

5.You enter the BUS in any door you don't have to show the driver your pass

6.Apparentely people ride bikes everywhere

7.People have no house maids , they do it themselves

8.No UBER , difficult to get a cab

9.People work very little

10.No stress, no one complains in a queue , no one changes lanes in the traffic or does crazy maneuvers...

11. Design everywhere which means  things are easy to use

12.I went to Lidl , just one cashier open, no one complained. Good business for Lidl the only cashier was fully used.

13.Satrurday night lot's of kids used their bikes to go out at night instead of using UBER etc...

14.No security guards at the door of any building

15.I went to SONJA café , service is very slow, I order a coffee juice & eggs. After 30 min they gave me the money back. 5 people could not do the eggs in 30 minutes. service is relaxed. zero rush

My conclusion is that is a very efficient country , efficient,  you don't spend money in a security guard, you don't have an extra employee in Lidl people wait, you have a slow service in most cafés, the Hotel I stayed only had one student at reception, she did breakfast, reception, rented bikes etc....

the country is not build for someone to collect your trash. If you don't do it ...... 

People don't work a lot, no stress people are relaxed . Even the traffic works ok because people don't change lanes .

They have some good companies like Lego or Novo Nordisk but it's not a country like Sweden with many world household names.

I don't know if Government is small and efficient like the rest of the economy.

The Danish Prime Minister, Lars Løkke Rasmussen, said:

I know that some people in the U.S. associate the Nordic model with some sort of socialism. Therefore I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy.[

• Low corruption 
• High trust (mayby from low corruption)
• Strong work ethics (but not a lot of work)
• Tradition of taking responsibility
• Low level of tribalism, they are together 

Budget

Monday, September 12, 2022 Francisco 0 Comments

TAGS:

Avoid Sugar , 1882

Sunday, September 11, 2022 Francisco 0 Comments

TAGS:

Be obsessed with improving yourself

Friday, September 09, 2022 Francisco 0 Comments

TAGS:

To do well in life and in business you can't have a goal, you have to have some metrics and improve them slowly but surely. It's really difficult to keep improving. Just keep improving.

“There’s always stuff to work on. You’re never there.”
― Tiger Woods

It's a journey, not a destination, and most cultures look for explicit goal lines. The result is that people focus on the goal line, rather than continuous improvement itself, and once that goal line is achieved, the improvement stops.

Scott Davies

Excellent firms don't believe in excellence - only in constant improvement and constant change.

Tom Peters

When I drink ...

Monday, September 05, 2022 Francisco 0 Comments

TAGS:

 “Let food be thy medicine and medicine be thy food.”

when I drink wine at dinner next day when I wake I have pain all over my body in the first 5 to 10 minutes. when I skip dinner I feel great no pain. I know sugar creates inflammation. sweets & alcohol are the worse for my body.

perhaps just a glass of good wine, my father does exactly that, just one but I am in the camp of all or nothing. It's a shame. I feel soon it will be nothing but water.

PS I only like wine. Perhaps a beer in a hot day.

Energy Cliff

Friday, September 02, 2022 Francisco 0 Comments

TAGS:

 One problem the world faces is the following

The world runs at 100 million barrels of oil a day. This is what the world consumes. This number has grown 1 million barrels a year for the last 30 years.

When the world found oil in Oklahoma 140 years ago the oil had enough force to explode higher. At that time the EROI was 1 to 100. They spent 1 barrel to collect 100.

fast forward to today and the Shale oil has a EROI of  1 to 15, they have to inject water & sand, make explosions etc...  

the world has depleted the easy energy , the cheap energy. Now we need to find oil in very difficult places and very expensive. 

Life is going to more difficult, if energy is expensive everything is going to be expensive.  The only competitive energy is nuclear but as we know Greenpeace & Greta destroyed the image of Nuclear.

Renewables have an EROI of 1 to 16 without taking account with storage costs ( Batteries ) 

Below you can see two bar graphs one from  Forbes magazine (2015) and one from Charles A. S. Hall (born 1943) is an American systems ecologist and ESF Foundation Distinguished Professor at State University of New York in the College of Environmental Science & Forestry.

we need to use less , I don't see a way out.

as you can see below the jury is out , some people claim nuclear is the cheapest with the best EROI and in the second graph its not the case. When I see poor countries building nuclear and not renewables I know what is cheap.