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Alekbaylee

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    Thank you guys!

    in General Discussion

    Posted

    Hey everybody,

     

    Just a quick note to thank everybody who contributes to this forum. Sincerely, I really want to thank you.

     

    I know you could fill canyons with what I don't know about investing, but I want to always keep learning, and I feel like this is a great place to do that. I absolutely love how so many people will refine ideas over time, bouncing off each other's input and researching countless facets of an investment thesis. This place is like a Viennese coffee shop in the 1800s or something! It's like a great book that you can never finish reading, and you can ask the author directly when you have questions!

     

    This is really a special community, and a lot of credit for that belongs to Parsad, our benevolent leader. But while he's the necessary foundation, we have so many great contributors; thank you!  :)

     

    Couldn't have said it better!

    What is it With You Guys?

    in General Discussion

    Posted

    I'm an American who has lived in the UK and Germany, where there are almost no deaths from guns.  The NRA argument "guns don't kill people, people do" is patently ridiculous.  How much damage can a person do with a knife, relatively?  And most of the US murders are in domestic violence situations.  US gun laws are even arming the Mexican cartels.  I'm from Seattle, near the Canadian border -- in Canada, murders are vastly lower per capita.  Its just common sense that murders will increase with gun prevalence.

     

    +1

    Macro : A tipping point toward a deflation?

    in General Discussion

    Posted

    Except for NA, things are getting bad almost everywhere. Japan is falling into recession again. EU is in trouble for a long time. And now some are predicting a 20% drop in Oil price if OPEC does not reduce production.

     

    http://business.financialpost.com/2012/12/06/oil-prices-may-collapse-if-opec-delays-production-cuts/

     

    If this occurs prices/inflation should also drop considerably. Is this what Fairfax/Prem have been foreseeing for a long time?

     

     

    Future cargo ships helped by Aeolus?

    in General Discussion

    Posted

    Interesting article on cargo ships powered by huge kits...

     

    http://www.nytimes.com/2012/08/28/science/earth/cargo-ship-designers-turn-to-wind-to-cut-cost-and-emissions.html?_r=0

     

    The company says that depending on wind conditions, fuel consumption can be reduced 10 to 35 percent. SkySails has installed its giant kites on six ships, and Cargill, the world’s largest charterer of dry bulk carriers, has announced plans to install the latest SkySails technology this year on its ship the Aghia Maina.

     

    This plus conversion to natural gas could help lower GHG and costs significantly. 

     

    Potential insurance losses from Sandy

    in General Discussion

    Posted

    http://www.businessweek.com/news/2012-10-29/european-insurers-drop-as-u-dot-s-dot-prepares-for-hurricane-san

     

    Insurers including Travelers Cos., Swiss Re AG (SREN) and Munich Re fell as the U.S. east coast prepared for Hurricane Sandy, which may cost the industry as much as $6.3 billion, according to Kinetic Analysis Corp.

     

    Claims may be about $3 billion should the winds remain a relatively weak Category 1 storm, Croce said. At that level the losses are unlikely to reach reinsurance limits, meaning claims will be borne by primary insurers, he said.

     

    Primary insurers such as such as Allstate and Travelers typically buy reinsurance from firms including Munich Re and Swiss Re to protect themselves against losses. Lloyd’s of London insurers such as Catlin sell both primary insurance and reinsurance.

     

    Insurers’ capital reserves remain “fat” as they have not had to pay for any severe losses in 2012, according to Eamonn Flanagan, a Liverpool, England-based analyst at Shore Capital Group Ltd. (SGR) Firms such as Beazley Plc (BEZ), Hiscox Ltd. (HSX) and Lancashire Holdings Ltd. (LRE) may reduce planned capital returns to shareholders to pay for losses and take advantage of higher premium rates following the storm, he said.

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