Year: 2009

Sunday post 1

Krakatoa.  Is it heading for another deadly eruption?  Probably not!

Like many Bloggers, sources of inspiration come from other Blogs and, no less, than this one and Sunday post 2.

So a ‘thank you’ to Naked Capitalism for providing the links to two British newspaper articles both of which seem to have very little to do with capitalism.  But it is Sunday, after all!

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Sunday post 2

Casper is the cat’s whiskers when it comes to bus travel.

Don’t check – it isn’t April 1st, All Fools Day.

The Daily Telegraph, an English newspaper, is clearly having a quiet day, well the online version is.  So ‘print’ space is given to a rather charming story about a cat that takes a regular bus journey.

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The attributes of top (sales) performers

Sales, training and top performers

Reluctantly, it has to be admitted, because it ‘dates’ me, my career spans selling, in a business-to-business environment, from 1963 until 2008, a period of 45 years!  That has included large corporates such as ICI (UK and Australia) and IBM and two start ups, Dataview Ltd (sold in 1986) and Aviation Briefing Ltd, still plugging away.  In recent years, there has been a regular teaching assignment at ISUGA in Quimper, France.  Even semi-retirement brings a flow of coaching clients!

Anyway, to the point of this Post.

A number of people have suggested that it would be valuable to many people out there if some of my experiences could be documented.  Grateful for the idea.  Let’s start with Top Performers. Read the rest of this Post

Wall Street porky pies!

Wall Street Analysts Keep Telling Big Earnings Lie

Thus reads the headline of an article, July 30th, on Bloomberg.com.  Written by David Pauly it alleges that Wall Street analysts keep telling lies (porky pies – English expression, do you Americans use it as well?).

Here’s Pauly’s opening paragraph:

At a time when the financial industry’s credibility is at an all-time low, you would think Wall Street’s finest would break their necks providing transparency.

Not so. Stock analysts continue to promote corporate earnings lies, insisting that net income isn’t really what investors need to know.

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Is it me?

Plunges

One has become accustomed to some newspapers publishing lurid headlines.  The Sun (a British newspaper) has had a long history of ‘interesting’ headlines with, perhaps, one of the all-time favourites being this:

13th March 1986
13th March 1986

Those from other countries may wonder just who Freddie Starr is. (Those of us from England frequently wonder just who he is!!)

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Where were the drama pundits? (by Janet Tavakoli)

I am indebted to Janet Tavakoli for giving me permission to re-publish her article.

Where Were Drama Pundits [Whitney, Taleb and Gasparino] When It Mattered?

TSF (Opinion) Roundup Commentary – July 29, 2009

By Janet Tavakoli

Hundreds of people from clergymen to lawyers have claimed decorations for bravery that they never earned.  Why should finance be any different?
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It’s hot, damn hot!

Being based at the moment in Sonora State in Mexico and this being my first summer, those immortal words in Robin William’s film Good Morning, Vietnam keep coming to mind.  Here’s an excerpt from the script that covers that exchange between Adrian Cronauer (RW) and Roosevelt, somewhere out in the jungle.

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Innovation and Invention

Mankind has a huge potential.

Just recently we recognised the 100th anniversary of the flight across the English Channel by Louis Bleriot.  His aircraft looked like this:

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Betelgeuse

Sharpest views of Betelgeuse reveal how supergiant stars lose mass

Most of this Post is from a recent press release by ESO.

A close up of Betelgeuse
A close up of Betelgeuse

The strangeness of outer space is almost beyond comprehension. Read more of this Post

Making sense of (financial) markets

Financial news and reporting

If there was an award for the most intriguing corporate name Gluskin Sheff ought to be in with a chance!  What an interesting and unusual name – perhaps someone will explain the origins.

Anyway, in my quest for balance in financial reporting and predictions (a hopeless quest as many of you will be quick to point out) the name of David A. Rosenburg came to light.  He is the Chief Economist and Strategist of aforementioned firm, Gluskin Sheff.  Rosenburg caught my eye because his opinion was that inflation is years away simply because consumer demand is likely to remain depressed for a long time and without growth in consumer demand there can’t be inflationary pressures – something that is in accord with my own thoughts and financial planning strategy  (not that I am even daring to compare my own very inadequate knowledge with D.A.R.’s).

Anyway, a quick trawl around Gluskin Sheff’s website (that is such a lovely name!) found that one may subscribe to a number of free reports.

Seems like a good thing.  Thank you Gluskin Sheff! (Did I mention what a great name that is!!)

By Paul Handover