Archive for October, 2008

Driving Habits Revert Back to Normal

October 29th, 2008

This New York Times article has broad implications for oil and gas prices and companies. Drivers are going right back to driving as normal and not permanently altering their habits.
New York Times article on gasoline and driving
Tom Kloza, chief oil analyst at the Oil Price Information Service, said: “Demand is trickling back among everyday people.” […]

So proud

October 29th, 2008

I’m a Georgia Bulldog. On Saturdays I bleed red and black. I cannot tell you how proud I am that Mark Richt is our head coach. I actually have had the opportunity to meet with him when I threw a charity flag football event for the Athens, GA Boys and Girls Club. And I can […]

Food Supply Catastrophe of 2009

October 28th, 2008

You can stop driving and use less oil and gas. You can buy less things and use less copper, cotton and steel, but it is pretty hard to stop eating. It is in that simple thought that guides me to believe that we are heading to a global food catastrophe in 2009. How do I […]

Buffett addresses the market

October 17th, 2008

This is an absolute must read to everyone scurrying for cash right now:
Buffett speaks

Looking out

October 14th, 2008

I see two major sea changes coming due to the current financial crisis.
1) When things normalize in credit land (and it has already started normalizing, albeit very slowly), there is going to be a slew of M&A activity.
2) The next commodity bull run will be mind numbingly explosive.
Let me start with point number one. I […]

Perspective

October 13th, 2008

Friday, I got a gift and ironically it came from the fact that I volunteer as a mentor to two kids, Anthony and Elvis. I was pretty down and feeling miserable on Friday.
And do you know what made their day on Friday? I let them get a 12 inch sub at subway instead of a […]

Cramer Unwittingly Calls a Bottom

October 6th, 2008

I’m calling it now. Jim Cramer, CNBC and Thestreet.com commentator and former hedge fund manager, has officially called the bottom.
Well, he actually went on the Today Show and told every investor to “PANIC!” The sky is falling! SELL! And this after the market has fallen 30%! This is the ultimate sign of a market bottom […]