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Pelagic

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Everything posted by Pelagic

  1. Thanks for sharing. Coal's market share in China is scary item #2. Even as its losing market share of the next 20 years it still represents a considerable chunk of their power generation needs. Global warming arguments aside, you have to wonder how long urban Chinese can tolerate the affects of coal on their air quality. I also think there are at least a couple fortunes to be made in renewable energy in the next two decades. Utility scale wind is already quite competitive with other forms of power generation in certain areas and costs will come down from where they are today. Cheap wind and solar will present an appealing alternative to non-OECD countries because the incremental costs are far lower than hydro, nuclear or even fossil fuels for power generation. It's a lot easier to budget in a couple wind turbines when you have the money available than it is to undertake a large energy project over the course of several years where political considerations, changing economic circumstances and possibly corruption could side track it.
  2. Mr George has also started to add fresh capital to the account governed by the contract, €19.9m last year, helped by a loan from the Swiss arm of a French Bank. (He is a French citizen, but lives in Switzerland). He said the contract terms allow him to add more cash to the pot. “I can take all the money in the world and invest it, there is no limit”. He's just now starting to use leverage ??? I wonder what kind of securities are available for purchase in that account, it must not be individual stocks or heaven forbid futures, options or any kind of leveraged ETF otherwise the insurance company would already be broke.
  3. PBR It has everything you could want to make a stock interesting, corruption, nepotism, shady accounting, a piggy bank for social spending... and it's cheap.
  4. Not an invest-able opportunity but property lawyers in South Florida specializing in "reclaiming" property for Cuban Americans that was appropriated after the revolution will do well. Whether they achieve results is probably immaterial since the process will be dragged out for years all the while billing their clients.
  5. "For example, if Mr. Penchina and 98 chosen syndicate members invest $1 million in a company that is bought later and generates a $100 million return, he would make $15 million from his original $25,000 bet. AngelList would get $5 million, while the remaining investors would divide $80 million." It would seem that the real money is in facilitating the investments. If anyone is more familiar with AngelList, what is their risk in this, why do they get a 5% return on the investment when it doesn't seem they made an investment in the first place.
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