Monday, October 29, 2012

Just a Reminder: Reverse All Hurricane Trades As Soon as Possible

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Recent experience (Irene, Snowmageddon etc.) is that the actual results don't match up to the hype. So insurance company shorts should ...

"Here's One Unusual Hurricane Trade"

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Not really. Last I saw the blizzardcane warnings had been pulled. But hope springs eternal.* From Carney at CNBC: Traders at hedge funds...

"Schumpeter on the Effects of College on the Willingness to Do Manual Labor"

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Via the Volokh Conspiracy: The Wall Street Journal today features a quote from Joseph Schumpeter, writing in 1942 , on ways in which coll...

Timely: Northeast Utilities' CEO and CFO Dumped 1.25 Million Shares Last Week (NU)

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Northeast is New England's largest utility with ops in CT, NH and MA. From SEC Form 4 : Common stock purchase or sale: Tran...

"Early estimates of Sandy’s economic impact"

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From FT Alphaville: Again, we hope all of our US readers are staying safe. Estimating the economic impact of a storm is always imprecise...

That Which is Seen and That Which is Not Seen: Bastiat on Hurricane Sandy

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From MarketBeat : The Cold Math of Hurricane Sandy ...However, economically speaking, the clean-up is sure to generate its own visible...

Goldman Sachs Weathering the Storm (GS)

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From Felix Salmon at Reuters: (Picture from Stephen Foley ) “When it comes to natural disasters,” says Rob ...

Flooding Begins in Red Hook, Brooklyn

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The Wall Street Journal's Metropolis blog is on the job: In Red Hook, Waiting While the Water Rises Carrie Melago for The Wall Stre...

Smackdown: Irene 2011 vs. Sandy 2012 .gif

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Via Mashable's Alex Fitzpatrick : Irene v. Sandy GIF

"Lake Geneva 'may face tsunami risk'"

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As Grandmother used to say, "If it's not one tham ding it's another". From the Telegraph: A million people living on th...

Low Hurricane Risk Home for Sale, Cornwall Terrace, London

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Nice hood .* Via Homes of the Rich: This stately mansion is located at One Cornwall Terrace in London, England. It is accessed via a ...

Insurers prepare for impact of Hurricane Sandy: "It's Not An End of Days Scenario" (CB; ALL; TRV)

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From CNBC: Insurers say they are making the usual preparations for a hurricane - activating claims teams, staging adjusters near the loc...

"Historic Hurricanes from New Jersey to New England: 1634-2011"

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 Originally posted August 27, 2011. More than you may care to know, all in one place. From Weather Underground's Weather History: H...
Sunday, October 28, 2012

"When the Growth Model Changes, Abandon the Correlations"

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From Michael Pettis' China Financial Markets blog: Chiwoong Lee at Goldman Sachs has a new report out (“China vs. 1970s Japan”, Septe...

YCombinator's Paul Graham on "Startup = Growth"

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And a "How to get rich". From Mr. Graham's blog: A startup is a company designed to grow fast. Being newly founded does no...

Chuck Feeney: The Billionaire Who Is Trying To Go Broke

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 More of a "How to be rich" than a "How to get rich". From Mr. Gates' The Gates Notes blog: On a cool summer aft...

"The Cost and Consequences of the U.S. Drought"

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From Knowledge@Wharton: The 2012 farming season may be in its waning days, but the consequences of this year’s drought, the worst of its ...
Saturday, October 27, 2012

Le Blog de Jean-Paul Sartre

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From the New Yorker: Saturday, 11 July, 1959: 2:07 A.M. I am awake and alone at 2 A.M. There must be a God. There cannot be a God. I wi...

“Makers: The New Industrial Revolution,”

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From Slate: In the title of his latest book, Wired Editor Chris Anderson is clear that he thinks the maker movement will change the ...

Estimating U.S. Property Damage from Hurricane Sandy (CB; ALL; TRV)

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Professor Pielke Jr. is pretty good on hurricane damage, straightforward and without the political spin we seem to be seeing more of (I'...