Greg10

Mortgage Defaults and Skin-in-the-Game: Why This Correlation Is Wrong

Thankyou John. This is the best historical perspective I have seen. It still worries me that Fannie and Freddie feel 125% LTV solves the problem. I hope it all get restructured as recourse.

Fascinating Finding: Shifting Opportunity in the Stock Market

As the US loses dominance in the world this will only happen more.
I also bet overnight moves are bigger on bullish US days than bearish ones as the Asia decoupling theme (rightly or wrongly) takes hold.

Fascinating Finding: Shifting Opportunity in the Stock Market

As the US influence over the world diminishes - better get used to it. I also suspect overnight moves are bigger on bullish days in the US than bearish days in the US.

Andritz Group: Investing in Wood Pellets

There has been reseach done on using Kenaf core for making wood peletts and the bark for paper pulp. There has been quite a lot of research in this area and separation technology developed by Andrew Kaldor for the process. The paper industry has never really embraced it though.