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micmac1

micmac1
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  • Petrobras Revisited [View article]
    To be able to increase the percentage of ethanol u need to increase production. Sugar cane ethanol production can not grow over a certain amount. The huge pre-salt investment is a bet with large risk and not a fantastic return.
    As far as Petrobras is owned by the government it will continue to be used as a milk-cown so the possible rewards if the pre-salt exploration are successful is limited, on the other side the risk is high, from one side a sovereign risk due to the over appreciation of the Real from the another side technical problems (as the one detailed in the article) inherently high costs of production (I believe that can be in excess of 55 US$) and possible incredibly costly ecological catastrophes.
    In other words, I do not believe it is for now worth it.
    Apr 15 09:01 AM | 3 Likes Like |Link to Comment
  • Prepare To Short Gold [View article]
    My wife desagree :-)
    Dec 8 04:50 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    to:robert.b.ferguson It is not a question of knowledge, it is a question of risk management. What will be the price of a given stock in the future? You do not know for that you edge your bets. In this case considering that the risk is a total collapse of our current way of living it is reasonable to edge them investing and applying green technologies. Maybe (I repeat I doubt it but maybe) pollution does not have anything to do with climate change but... It is worth to risk a disaster for a small (relatively speaking) investment in green technology?
    Nov 2 05:24 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The climate is changing; hat is clear. Why? Likely because of CO2 (and other gases) produced by men. It may be that climate change is just a natural phenomenon(I doubt it but it is possible) but certainly industrial production is contributing to it.
    If you were an investor in which company "earth" will you put all your money? To the one that take a conservative approach and reduce risk (also at the cost of low return for a while) or the one that ignore the risk give high returns but risk chapter 13?
    Note the stock is not liquid at all, you are investing for life.
    Oct 31 10:45 AM | 2 Likes Like |Link to Comment
  • China's Slowdown: Why The Analysts Keep Getting It Wrong [View article]
    "When people are willing to organize and work hard, this is the essence of economic strength."
    Not true; please study the great depression, people was willing to work hard and to organize but work was not available and organization was not useful. The essence of economic strength is in the long run (decades) education. In the short term, and for that short term economic forecast is so difficult, multiple and continuously changing factors are important.
    Oct 22 06:52 AM | Likes Like |Link to Comment
  • Apple: Take The Money And Run [View article]
    I have Kindle (not fire) to read books, a computer to work, a tablet when I am on the road (in fact I plan to purchase the fire) and a samsung SII (to be substituted with a note) to phone. Explain where an iPad or an IPhone are superior? iPad and iPhone while nice products are 90% sold because they are status symbols.
    Sep 8 08:26 AM | 3 Likes Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen [View article]
    For now!!!
    Sep 8 06:31 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    3 years ago.... not 12 years ago. In other words, did your life improve after the crises worst?
    Aug 24 08:52 AM | Likes Like |Link to Comment
  • Thoughts From The Frontline: The Lion In The Grass [View article]
    From your charts it seems that the best positioned country is Italy. Strange but truly interesting. Would you publish or point us to a similar chart for USA and BRICS, will be interesting?
    Jul 23 02:46 PM | Likes Like |Link to Comment
  • Emerging Market Stocks Are Ripe For Buying: Brazil Focus [View article]
    There is a Real Estate Bubble in Brazil that is about to burst (Gafisa has already started to offer some properties at 30% discount). Brazilian government does not want, clearly, the bubble to burst but there is relatively little it can do; also if it is trying every possible incentive.
    When the buvvle burst gafisa will go down the drain.
    Dec 27 10:03 AM | Likes Like |Link to Comment
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