galeth

Outrageous Opportunities in Upstream MLPs

Could Energy explain in more detail the problems he has with the valuation measures used by the writer of the article...if not PV-10 then what? Will the negatives of debt financed acquisitions versus equity financed make a big difference in valuation of these companies? Are they able to get debt financing?

How Ivory Tower Economists Created the Housing Bubble

The problem with your statement that the economists/federal reserve are stupid and lazy is that they don't actually use the CPI to make their inflation/rate decisions...they use the U.S. core PCE price index which accounts for housing costs differently and, I believe, more accurately. They are perfectly aware of the difficulties you describe regarding the CPI.