Tuesday, June 26, 2012

Tuesday Links

Latest Hussman - recession warning: "Since 2010, reliable leading economic measures have repeatedly brushed with territory associated with high risk of oncoming recession, but large monetary interventions (QE2 in 2010 and coordinated central bank actions in 2011) were sufficient to pull the economy briefly away from that brink. For now, Wall Street appears firmly convinced that this cycle can continue indefinitely."

Paleo on the go: Chipotle Burrito Bowl. Bulgogi beef. Tom Yum or Tom Kha Kai.

Previously on CBS: "Any company that isn't issuing as much long term, low rate debt as possible right now is mismanaging its capital structure. Why aren't the oil majors issuing 4% long term paper and buying up E&P companies like CHK selling for less than half of NAV?"

Low cyclically adjusted PEs - time to buy? "Now what would happen if you invested in these markets, the literal worst of the most disgusting terrible markets/economies/political situations?"

"One of the best summaries is the Wikipedia page with the List of emerging technologies and I’ll be drawing heavily on it."

Howard Marks on Distressed Debt: "...in every investment transaction you're part of, it's likely that someone's making a mistake. The key to success is not have it be you."

"[Book] reviews are very useful. Both for personal development, to better internalize its lessons through rephrase and summary, as well as for the benefit of laypersons who may be inspired to read the book too..."

Oil - The Next Revolution
?: "Contrary to what most people believe, oil supply capacity is growing worldwide at such an unprecedented level that it might outpace consumption. This could lead to a glut of overproduction and a steep dip in oil prices."

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