InnocentsAbroad

What's Good for GE Is Good for America?

A cap and trade only works if the design is separate from the lobbying and attempts to cash in on cap and trade by the rich and powerful.

A carbon tax covers all the bases, except the idiots in the Tea Bag movement etc. have so little knowledge of economics that they aren't able to understand that is the most efficient carbon production prevention method.

To paraphrase Winston Churchill, middle class white Americans will only do the right thing when they have exhausted all of the alternatives.

What's Good for GE Is Good for America?

So, then, if the world is threatened by global warming, then those who are worried about it should be made to pay, while the callous and indifferent to the future of the planet make a profit on the safety of the planet ?

What's Good for GE Is Good for America?

kk

Free Cash Flow Isn't Always so Free

Thanks for the inspiration for ideas for correcting cash flow.

Cash flow needs to be discounted by several possibilities -- refinancings at higher rates, need for plant repair, and concerns about debt that may end up being difficult to refinance.

Buffett's Financial Bets

Ok. Is it possible that on those companies, as with so many other investors, he had poor accounting data ?

I am just amazed at the current poor quality of accounting data for publicly held companies. The accounting academics are decades behind where the basic economy is.

My argument would be Warren Buffett just didn't have the time and energy to do full dilligence, as with so many other investors.