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Save the Ships

Save the Ships for the Energy Transition

By Energy Rant No Comments
I’m not a casino gambler because I know who wins. I learned long ago that a stock is worth what the next guy will pay for it – nothing more and nothing less. Bad news is good news, and good news is bad. It’s entirely unpredictable. For example: Bureau of Labor Statistics: “Two hundred thousand jobs were added last month, well short of the 500,000 expected increase.” CNBC: “That was a horrible jobs report today!” Stock Market: “Hurray! The Fed won’t raise interest rates,” and the market climbs two percentage points. Commodities have more intrinsic value than securities, and therefore,…
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Business Triangles

Investing in Utilities

By Energy Rant No Comments
Most readers have likely seen the business triangle: cheap, fast, good ; pick two. My first emotional reaction to the triangle was that it was something a lazy bum would say. However, as a geezer, I think the law is valid for consulting. I will explain this in a future post. For utilities, it would be something else; maybe cheap, constant, yes. Those are the price, time, and quality attributes of utility delivery. For utilities, the term “constant” represents reliability. The term “yes” represents quality or accuracy. In this case, 60 Hertz and the applicable constant voltage. I explained how…
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Better than Doritos

By Energy Efficiency, Energy Rant, Investments, Tax Stuff No Comments
Last week we looked at the financial benefits of energy efficiency as compared to the stock market.  I’m going to take this a few steps further, as forewarned last week.In both cases we start with the $39,000 investment and the stock market simply grows at its long-term average of 7.5% (Dow Jones Industrials).  Obviously, a smooth appreciation of your investment is not the case and if you don’t have a strong stomach, you should avoid equities.  Why is it called the Dow Jones Industrial Average anyway?  It’s full of service companies, banks, and retailers.  It includes Microsoft, but not Apple,…
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Facility Management, Taliban Style

By Energy Efficiency, Energy Rant, Government, Investments 2 Comments
Possibly the greatest thing about energy efficiency is there is no limit to learning. In what other occupation can engineers work with social scientists, urban planners, economists and 16th century Mongolian art majors?  Last week I attended a presentation by Christopher Russell, energy efficiency and finance swami, or is it guru?  The higher ranking one.  Or maybe I should just call him Colonel Russell. His presentation started with the tale of two college campus facility managers, Doug and Dave as I recall, with names changed to protect the guilty.  I’ll call them Dick and Harry for double protection. It doesn’t…
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IPO Return, Treasury Risk

By Energy Efficiency, Energy Rant, Government, Investments 3 Comments
If there’s one thing that most people painfully realized over the past couple years, it’s that there is risk in putting your money in anything in hopes of earning a return on investment.  Riding a company into bankruptcy is an obvious one.  I’ve done that several times by investing in fast-growing start-ups, initial public offerings (IPO) and stock options.  Invest $3,000 for 100 shares of common stock and a few years later the company emerges from bankruptcy (isn’t that a cute phrase – it sounds like a daffodil blooming in spring but it’s more like rummaging for your charred silverware…
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