Archive - Apr 2012 - Blog entry

Until.... Oops!

 Best Buy’s CEO Brian Dunn did a courageous and proper thing for shareholders by resigning.  He was not the right person to lead Best Buy into battle against online-only competitors that use Best Buy’s spacious and beautiful stores as the showroom for their products.  To make things even worse, smart cell phones make comparison shopping so much easier nowadays, and structurally, Best Buy cannot have lower prices than its online competitors.  Its stores also lack the breadth of selection of Amazon and they are at a permanent, competitive cost disadvantage.&nbs

Not adding up.... but let's figure it out. 

What fools these Muppets be.--William Squidspeare, Midsummer Night's Scream

Butler on Blythe

Simply great piece on Volatility and more.

Chesapeake Energy took the road less traveled by entering 2012 "naked" with none of its gas volumes hedged.

"You start with easy, because if that’s all you get, that’s not so bad."
- The late Caballo Blanco

And the government is trying to catch up.

Unfortunately, nobody in the Treasury seems to want to deal with the mess at Ally Financial before Election Day.  But the question is whether Ally can wait until then.

Fukushima to Burn Highly-Radioactive Debris

Treasuries vs. Stocks (for now)

I continue to see articles in the media claiming that Europe’s problems are solved. Either the folks writing these articles can’t do simple math, or they don’t bother actually reading any of the political news coming out of Europe.

The worker bees of the global banking empire need to consider how and why they should actively choose to build beauty and life v. silently supporting the continuation of misery, immorality and death.

China reported strong copper and copper product imports in February. However, rather than a sign of strong end user demand, a lot of the stockpile copper will never get shipped out to end-users.