Archive for the ‘Uncategorized’ Category

Controlling risk

Tuesday, July 21st, 2009

w: Gee, B these hurricanes really slammed us last year,
B: sure W.
W: if only we could sell catastrophe insurance while making sure it will never happen…
W: think of the potential, we could have made billions…
B: Billions W? I’m sure i can think of something in my next reading vacation…

while I’m not sure this conversation had really took place, it certainly could have been.
In an article last week the Times said a group of scientists, Gates among them had submitted a patent application for a system that will protect against hurricanes by tackle them when they are still small and
remotely at sea.

searching through the records makes me positive a conversation of such actually did occurred, consider patent application 20090177569 which is aimed at:

“A method of managing risk includes selling individual insurance policies regarding areas to be protected by storm suppression equipment. The method discussed also includes finding at least one of purchase, operation, or maintenance of the storm suppression equipment at least partially through premiums collected from the selling. ”  

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in the application it is stated that the application method comprises of selling the insurance to individuals and/or Government agencies and/or oil companies, you get the idea.

One of Buffett strongest investment motifs was never to stray out of his circle of competence, Gates never hesitated to do exactly that..

godly acts, that’s sure is out there.

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Google Finance – a new version

Friday, July 17th, 2009

 

some more impressions on the new version :

the entire ajax feature-set appears to be working better and lighter, prices and graphs updates in the background over long periods of idle time. 

one thing i do not like is the removal of basic financial and fundamental data from the stock details page, this means you can get the Mkt cap / book value ratio of a company only by checking its financial tab.

there’s nice play in the ticker which highlight in red/or green the current change in price.

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the related companies table is buggie, but you only notice it if your browser is set to debug script errors, its a nice feature though could have been kept at its own tab instead of appearing twice.

Extending the blogs and discussion parts in the stock details page is useless, these parts have long been taken by spammers of all sorts, i minimized them.

the portfolio : i don’t get the checkbox on the left column (its a common trick of UI created by dev tools to know the first column is a checkbox but i find it hard to believe this is the case), i mean, how many times do i actually compare or delete a stock from a portfolio? it should have been placed at the right column.

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the on page history is an interesting feature, not sure it is very useful but time tell

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the stock details key figures part is all cluttered at the left part of the screen (why is that?)

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there are no major changes to the stock screener, it would have been nice to be able to save screeners and to create screener based portfolios.some more search criteria’s would have been nice (long term value metrics come to mind)

on the home page the world markets is a nice addition, bonds and currencies shows improvement as well.

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the news section (as the news service) requires further improvement, the new portfolio related news display is useless if you have 10 portfolios.

that’s it for this update.

update : this is odd, the version discussed below was pulled back the night i had posted it, it has not came back up since, it was good, i guess they want to make it better.

update 2 : researching a bit, i had found that Google are running some experiments. here (filling like a guinea pig, i don’t mind)

Google had come up with a new version for Google finance today.

I should have guessed when I got a server error (500) yesterday.

While (IMO) the home page only turns worse from version to version, it had been added a degree of control and you can now move the different web parts up and down in the page or close it all together.

Another major improvement is the “ubbercool chart” as Google liked to call its flashy quote chart. it had been added a much missing technical analysis graphs, different graph display (candlesticks and more) and much smaller intervals for the more sophisticated displays.

A feature that was already in the last version just got its proper place and now much more fun to play with is linking a feed to the chart.(why cant you link to it-with the plotted feed, or embed the chart altogether?)

On the left added some sort of a menu with links to summary,news, a much improved historical prices page, and recent quotes.

The stock screener had been improved as well, now allowing to screen stocks in the US, China and HK (peculiar choices..).

Some long term investing criteria had been added to the screeners.(as I have suggested in the past)

The quote page had been changed, while the company information seems now a bit scattered on the page, the overall look is nice, I liked the related companies table with the new trend line feature and additional columns, that’s really good.

Management mug shots are gone, shame, its was an important feature (the face of the company tells a lot)

There are too many changes in the portfolio to count them now, will carry on later.

Nice work Google team :)

Inflation – my dear ||

Thursday, July 2nd, 2009

A larger compilation of Buffett comments about inflation can be found here

A good point about recovery was made at the NYT a few days ago: "How do you put together a consumer economy that works when the consumers are out of work?”

Jeremy Siegel was way off mark just a week ago when predicting a low unemployment rate turning in in june: “And in fact, there are some economists who think that the June figures, which will be announced the first week of July, will show a loss of employment only of 275,000. This is less than half of what we’ve been seeing in monthly losses over the last six months.”

As unemployment rate hiked to 9.5% (10 men, 7.6 women) recovery hides behind the corner again.

market took a plunge today, S&P500 closing below 900.

Bernanke’s Gold

Thursday, June 4th, 2009

 

Ben Bernanke says that he believes inflation will remain low.

Peter Boockvar via Barry’s brings an old quote of Greenspan saying that gold is a good indicator of inflation.

Now gold is a few percentage points below its all time high.

So which of the great Fed Chairman’s is wrong?

I think Bernanke is saying “the right thing” much in the same way his famous “soft landing” remarks were said.

I preferred that to Ben being wrong on inflation expectations.

Interesting enough, Krugman take side with Ben, while Kasriel disagree.

I’ve put a table of current inflation predictions:

High Low
Gold Paul Krugman
Paul Kasriel Ben Bernanke
Me  

 

Fill free to vote in the comments, ill update the table as long as ill see fit.

Meantime in the African prairie…

Monday, May 4th, 2009

A small elephant cuff moved sideways nervously, something is wrong, he felt…

The Live Writer paused…

It must have been a bird the cuff thought to himself, he tilted towards his mother and went back to sleep…

May 1st

Friday, May 1st, 2009

What a great day to start a blog.
The world again re-balances work and leisure,only this time employers demand shorter work hours, while employees struggle to keep their long working days.
Countries re-balance laissez faire with necessary government intervention.
The forces which drove the economy through the eons are once again on the move.
And I’m opening a blog.
These are marvelous times we live in and don’t let anyone tell you otherwise.
Happy workers day.

Roi

A short welcome

Friday, May 1st, 2009

Hallo!

Welcome to the blog

There will be more to come.