Sunday, January 29, 2017

Credit Suisse' Michael Mauboussin Reflects on Thirty Years of Markets, Cognitive Biases, Luck vs Skill, and More

›
From FT Alphaville: Michael Mauboussin, head of global financial strategies at Credit Suisse, joins us again to discuss his recent paper, ...

"Forget Autonomous Cars—Autonomous Ships Are Almost Here"

›
This is a bit of an infomercial for Rolls-Royce but still the best generalist overview currently available. From the brainiacs at IEEE Spec...

"Robots Are Replacing Up To 75% Of Jobs On Oil Drilling Rigs"

›
A few years ago Norwegian offshore oil workers averaged a bit over 1.07 million Kroner, at the time approximately $175,000. Even the grunts...
Saturday, January 28, 2017

Drenched: How L.A. went from bone-dry to 216% of normal rainfall in four months

›
From the Los Angeles Times: According to the latest maps, Southern California is still in a drought. But the dry conditions that ha...

Couture 2017: Apparently Headgear is Back in Style

›
From Tom+Lorenzo: Guo Pei Spring 2017 Couture Collection ... MORE

Memo: New York Calling For Face Recognition Cameras At Bridges, Tunnels

›
A twofer from Vocativ: Proposal obtained by Vocativ asks for surveillance at nine NYC 'crossing points' The state of New York ha...

Bread, Circuses and Universal Basic Income

›
From Elaine's Idle Mind: Bread and Circuses I never really understood the appeal of Universal Basic Income, but after reading the Eu...

How To Be Lucky

›
From Nautil.us: It pays to imagine your life is on a winning streak.  “Luck is believing you’re lucky.” —Tennessee Williams, A Street...
Friday, January 27, 2017

Shipping: "Amazon Enters Trillion Dollar Ocean Freight Business" (AMZN)

›
This is a business opportunity that is different from but related to that being addressed in our earlier Shipping: Maersk, Alibaba Team Up T...

Lindsay Lohan Meets With Turkey's Erdoğan to Solve Syrian Refugee Crisis

›
Following on her amazingly incisive commentary on the Brexit vote last June; I mean, who can forget:  Followed by: And: As yo...

So Why the Slowdown In U.S. GDP Growth?

›
From FT Alphaville: America’s growth has a slowed a lot in the past two years. Why? The latest estimates from the Bureau of Economic A...

Today's GDP Report: Live By The Soybean, Die By the Soybean

›
This one wasn't too tough to see coming, links below. From MoneyBeat: GDP Falls Back Into Rut as Soybean Surge Unwinds Mon...
Thursday, January 26, 2017

Chinese Scientists Have Invented Paper For a Second Time, This Time It's Waterproof and Fire Resistant

›
From Sputnik:   China-Engineered Paper Can Survive Hell or High Water (VIDEO)   Scientists from China, where paper was first inv...

"Airbnb Enters the Land of Profitability" (EBITDA)

›
From Bloomberg: The room-rental startup made its first profit in the second half of 2016 and expects to remain profitable this year. Lat...

Investigation: Canadian Shell Companies

›
From the Canadian Broadcasting Company, Jan 26, 2017: CBC INVESTIGATES How 2 Canadians named in Panama Papers led nearly 200 companies ...

“The pound … is increasingly irrelevant” (put all your money in the Royal Mail's David Bowie stamps)

›
However they're only available in the U.K. so I'm thinking the valuation on your British contacts just went unicorn, if they weren...

Corn: So What Happens With Ethanol Now?

›
Last Chg Corn 364-2 -2-0 Soybeans 1051-6 -3-4 Wheat 424-0 -0-4 From Agrimoney: AM markets: corn leads easing in grains,...

"... Monitoring Compliance With The OPEC/NOPEC Deal To Cut Production"

›
From RBN Energy: The agreement by OPEC and several non-OPEC members to cut crude oil production by a total of 1.8 million barrels a day (...
Wednesday, January 25, 2017

"Are Iran, Saudi Arabia about to reconcile?"

›
From al-Monitor: When former Iranian President Ali Akbar Hashemi Rafsanjani died Jan. 8, much was made of the absence of a message of co...

Elon Musk Is Serious About Starting A Boring Company

›
In the December 23 post " Elon Musk Considering A Boring Company " I forgot to include the response of one of Mr. Musk's fans:...