stanj

J&J Goes to Cougar Town

I bought CGRB in the summer of 2008, when I was in Europe and saw that their prostate cancer drug was extremely successful in Phase II studies in England.
It was front page news on the UK Telegraph, Star etc. in July, 2008 (not buried on some back page, as it would be in the U.S. ).
Some cancer survivors reported complete remission and sexual function just from taking pills.
Am disappointed they were acquired ( sold my stock today ) as I expect big things. Stay tuned to this channel.

Eliminating the Conflict of Interest Principle is Crucial

Great post Bill.

However, until we have significant more pain I doubt that anything will change.

Beware of the Allure of Ethanol Investing

We should all be extremely opposed to ethanol ( although I have made $ on fertilizer stocks ).
It is not something to be a fan of.
There are 2 problems AND THEY ARE NOT CONNECTED.

1. Greenhouse gas emissions; they are real and not some R Limbaugh rant.
2. Reaching peak oil supply, it all does downhill after ~ 2015.

Ethanol may help with # 2, BUT it hurts # 1, tremendously. Corn and cellulose
require trucks and energy to transport ( no pipelines). They take farmland out of food production. They require heat sources for their distillation. Have you ever stood near a still ?
Ethanol burns, giving off the greenhouse gases H2O and CO2.

And the resulting high prices of corn and basic cereal crops have led to food riots around the world ( Africa, Indonesia, Mexico, Haiti, etc.)
We, the rich, should not be fans of something which lets us fictitiously lower gas prices at the expense of the lives of the poor.

We are living in a sea of energy; we are bathed by the sun and living on top of geothermal. Renewable sources - solar, wind, wave, hydroelectric, geothermal, etc. are all available. GE, STO etc. have all invested in these heavily.
Such sources would let us solve #1 and #2 simultaneously.

Hey, Ziz I'll join you in a bottle of Wild Turkey anytime.