Tricky

Tricky
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  • Who Wants To Kill The Electric Car?  [View article]
    It is a subsidy to the degree that the lost tax revenue has to be made up by taking it away from someone else. Not really much different than what's going on with the EV's, in end effect of shifting tax burden around.
    Jan 20, 2012. 07:44 PM | Likes Like |Link to Comment
  • Who Wants To Kill The Electric Car?  [View article]
    Hi DRich -- I've had direct conversations with people who run multiple utilities' EV programs. They really aren't concerned about the load for overnight charging. They ARE worried about what happens if most EV owners start charging as soon as they come home from work -- which is what happens right now. The first point of failure will be the nearby transformer. While smart chargers theoretically get around this, they are highly concerned about the owners overriding that for the "just in case" factor (as in, just in case I have to drive to the hospital in the middle of the night).
    Jan 19, 2012. 09:33 PM | 2 Likes Like |Link to Comment
  • Who Wants To Kill The Electric Car?  [View article]
    tragicslip says "the real transportation solutions that make environmental sense do not involve cars- see trains"

    This was the conclusion of the authors of "Transport Revolutions". Indeed, grid connected trains do not need to store energy and (for reasons they didn't explain) are far more able to use the kinetic energy recovery systems that scavenge braking forces
    Jan 19, 2012. 09:25 PM | 3 Likes Like |Link to Comment
  • "It's really ugly," says a Goldman Sachs (GS) employee, where it's bonus day today. "It's a bloodbath ... there are a lot of clenched jaws," says another. More chatter says bonuses are lower across the board, with the fixed income desks hit hardest, but at least base salaries aren't being cut.   [View news story]
    I'm trying to work up pity...
    Okay, trying again...
    Ooof, okay one more attempt...
    No, just can't seem to do it
    Sorry
    Jan 19, 2012. 06:05 PM | Likes Like |Link to Comment
  • Who Wants To Kill The Electric Car?  [View article]
    J.C., you made some good points in the article, so I hate to see you write things like "if you live in TX, you could save a lot of money by doing without an air conditioner". I live in TX, I work in professional job, most of my time in the car is commuting, I'll be hung if I show up at work or a client appointment sweaty. And we have a young child. That solution will simply not fly. It's the reason we passed on considering the Honda Insight (ended up with a Prius) -- it shuts off the air conditioner at a stop.
    Jan 19, 2012. 02:32 PM | 1 Like Like |Link to Comment
  • Who Wants To Kill The Electric Car?  [View article]
    True that Canada is our biggest supplier. But the price for that good is set globally, so supply disruptions in the Middle East matter. A lot.
    Jan 19, 2012. 01:39 PM | 1 Like Like |Link to Comment
  • Who Wants To Kill The Electric Car?  [View article]
    Per usual, neither extreme is correct. Yes, we'd always have a military to fight over *something* -- if it wasn't oil, it would probably be something else. I agree.

    But you can pretty much chalk up >95% of 2 Iraqi adventures to oil (contortionist apologetics about "war on terror" notwithstanding). Afghanistan was revenge for attacks, sure -- but those attacks were provoked by our presence in Saudi Arabia, which was necessitated by the 1st Iraqi adventure. So I'll be nice and say that one was only 75% about oil ;-) And if we get into it with Iran, well that's almost purely oil too. The overwhelming reason we give a sh$t about the Middle East? Oil.
    Jan 19, 2012. 01:36 PM | 2 Likes Like |Link to Comment
  • Is Sirius XM Really Worth $3 A Share?  [View article]
    This is a valid point and one I brought up at time of the original Liberty involvement -- John Malone is legendary for his ability to construct ultracomplex deals that end up screwing everyone but him. WSJ even did a feature article on this many moons ago.
    Jan 19, 2012. 10:00 AM | Likes Like |Link to Comment
  • Is Sirius XM Really Worth $3 A Share?  [View article]
    Certainly, your analytical approach makes sense, looking at it as a passive investor. When valuing takeovers, one also has to look at whether the act of controlling the company would enable a higher level of financial performance than the status quo. I do not know if a Liberty buyout would have such an impact, just throwing the general principle on the table in case it's relevant?
    Jan 19, 2012. 09:00 AM | Likes Like |Link to Comment
  • Who Wants To Kill The Electric Car?  [View article]
    Good comment. Restating, from a different angle, the path to becoming less dependent on oil for transportation is unlikely to have a silver bullet, but rather will require multiple solutions -- far more efficient ICE's, hybrids, EVs, and natural gas -- all starting with uses cases that can best take advantage of the alternatives (particularly fleets).
    Jan 19, 2012. 08:52 AM | 3 Likes Like |Link to Comment
  • Burger King plans to test home delivery in the Washington DC area after seeing its market share decline at the hands of rivals McDonald's (MCD +0.6%) and Wendy's (WEN -0.1%). The privately-held firm claims it has the critical answer on how to avoid soggy fries and cold hamburgers with "proprietary thermal packaging technology" designed to keep food fresh.  [View news story]
    We wouldn't want obese Americans to have to expend the calories necessary to drive to BK to pick up their quadruple Whopper, extra large fries and gallon of Coke
    Jan 17, 2012. 12:10 PM | Likes Like |Link to Comment
  • With Mitt Romney's rivals attacking his record as Bain chief, the WSJ finds that the firm produced about $2.5B in gains on 77 deals from an investment of $1.1B during Romney's tenure. However, Bain lost all its money on 8% of deals, while 22% filed for bankruptcy restructuring or closed by the end of the 8th year after Bain invested.   [View news story]
    As far as PE funds goes, that's a good performance.

    From a political standpoint, what is not yet clear is whether job losses were more of "gotta cut to save the firm or everyone loses their jobs if the firm dies" vs. "gonna cut muscle so we can pay the leveraged debt and increase dividends, and such".
    Jan 9, 2012. 02:27 PM | 1 Like Like |Link to Comment
  • It looks as if Google (GOOG) is desperate to make its TV software a success: Neowin reports the search giant is actually paying manufacturers to offer sets featuring Google TV. A number of TV makers plan to unveil Google TV-enabled sets at CES.   [View news story]
    Not surprised they have to pay manufacturers to use it after v1.0 ended several careers at Logitech
    Jan 9, 2012. 12:22 AM | Likes Like |Link to Comment
  • Paul Krugman finds Mitt Romney's claim that Pres. Obama lost 2M jobs "deeply misleading," since the U.S. economy lost 3.1M jobs in the president's first six months but has since gained 1.2M jobs. Yet Romney takes credit for creating 100K jobs at Bain Capital “based on current employment figures, not the period when Romney worked at Bain."   [View news story]
    Seeking Alpha needs to page views to generate revenue. It's the least we can do to help them out ;-)
    Jan 6, 2012. 10:32 PM | 3 Likes Like |Link to Comment
  • Paul Krugman finds Mitt Romney's claim that Pres. Obama lost 2M jobs "deeply misleading," since the U.S. economy lost 3.1M jobs in the president's first six months but has since gained 1.2M jobs. Yet Romney takes credit for creating 100K jobs at Bain Capital “based on current employment figures, not the period when Romney worked at Bain."   [View news story]
    Romney's reign at Bain will be interesting fodder, should he sew up the nomination. The Dem's are lying in wait, at the moment. Gonna be really interesting to see what the data shows. How many companies created/destroyed; how many jobs created/destroyed; average compensation of jobs created/destroyed. I have to believe that if it was really a positive story, Mitt would be using it now during the nomination fight.
    Jan 6, 2012. 06:14 PM | 2 Likes Like |Link to Comment
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