Energy Opportunity In India

Zerohedge recently posted an article titled India - Land of Energy Opportunity (http://www.zerohedge.com/news/guest-post-india-land-energy-opportunity). An investor forwarded the link to me for my comments.

India imports 80% of its energy needs. Energy security is a myth and is going to remain elusive. Energy producers need energy consumers as much as the other way around. In a world with complex supply chains for goods and services, geopolitical risk leading to energy supply disruption is hogwash. Extended geopolitical instability will lead to disruption in a lot of supply chains and will have large unintended economic consequences. More...

The Business Cycle Is Not Dead

Businesses, economies, nature and life move in cycles. Cycles are driven by reversion to the mean. If that was not the case, we would have a planet inhabited by 100 feet tall and 1 foot tall humans.

Just like in times of euphoria, we forget that profits can fall, that growth can fizzle and that the party can end; in times of pessimism we forget that the reverse can happen. More...