Journal
December 2024
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Value of the Non-Intrinsic / Merry Christmas
Good Morning Ladies and Gentlemen ”It is ideas, not vested interests, which are dangerous for good or evil.” John Maynard Keynes Non-Intrinsic It is in the nature of things and a well-documented phenomenon that individuals tend to overestimate the validity of their personal analyses and perspectives and underestimate those of others. I am aware […]
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Year-End Competition / One Last Push
Good Morning Ladies and Gentlemen ”I love Christmas. I receive a lot of wonderful presents I can’t wait to exchange.” Henny Youngman The year-end is approaching, and I thought this would be a good time to look at current prices and where we are with our year-end competition. S&P So far, the highest […]
November 2024
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Politics / Nuclear Powerplants
Good Morning Ladies and Gentlemen ”Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.” Groucho Marx Last Week’s “Stefan’s Weekly” Last week, I wrote: “Statistics show a clear correlation: as a country’s GDP per capita increases, so does its energy demand. In other words, […]
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Finally
Good Morning Ladies and Gentlemen ”Power without abuse loses its charm.” Paul Valéry Finally The US election campaign seems to have lasted forever, but it finally ended this week. On Tuesday, November 5, voters decided that former President Donald Trump would succeed President Joe Biden in the White House. They also determined the future […]