Friday, 9 October 2015

We walk down ancient streets, into the mist, into the past, where it was a ways dark,
and raining, the murky tenements a ways dripping from the incessant rain, an the pish
an aw, and never mind the shite;
but from the Sunshine upon the hill, an is the earth any cleaner than the souls of ancient men,
who walked upon the soil like god's chosen people? The hearts of people are complex,
the anger of the man who had toothache for 30 years, the misery of the minister because he had the cold for all his living days, and drunks every last one of them. Kings, Shepard's, Archbishops and Serving Girls all sodden with the drink, shitting their pants, murdering at the drop of a hat; lies and half-truths, and this mist is a sullen and majestic fog of the hidden an ancient history.,

In the beginning the Moon arrived in the sky. Except it was not called the moon, it was not a planet, it was a spaceship. You think I am being far-fetched? Look it up on Wikipedia, the moon is hollow for a start. And this is why they covered up the moon landings. A spaceship full of human beings.
The effect on Earths gravity was catastrophic, the Dinosaurs died. However, it was not millions of years ago, the latest studies have found that Geology is in fact a lot of boulder dash and that the Earth is not 5 miles higher due to soil compaction than it was 50 million years ago, but thousands of years!
When the dust had settled, the human race left this spaceship and landed on the virgin Earth for the first time ever!
The human race is from a Cajillion miles away, the center of its civilization is in the Sirius constellation, which is why the Pyramids were built as a map, alas! Things were not so simple for these first people. They had been in space for thousands of years and when they landed they looked at the Sun it completely altered there perception of the Earth. The first humans were long lived and some could fly, and they slept upon mountain tops, or swam to the bottom of the sea, but they forgot most things, except some who built the Pyramids and the Sphinx in Egypt, and the other who gathered in Ancient Scotland next to a Granite Mountain in Edinburgh and carved a mightier, and greater sphinx . Telt to do so by the first child, who had his first earth dream, as a harbringer of the immensity of the future that awaits. Over the years the wind and the rain has weather has turned this Sphinx into Arthur's seat.
King Arthur threw his sword into the lake near Arthur's Seat in case the Brutal Saxons demean his Wife and Daughters, and cheat his fair laws with enforcement of Dominion, but there were not lands in those times, no eerie bureaucrat had drawn a line across the map, and demanding tax and blood on tap for ever since and ever more in debt unto eternity to a faceless super rich elite. We go too far ahead! I Digress!
When Atlantis was inundated, destroyed, washed unto sand, the waves were so vast they knocked the Sphinx's nose off in Egypt, they also flooded Crete. Princess Scotia the Ginger was forced to flee because a superstitious sect of Easterners saw this as a bad omen, they burned and dead goat and saw messages from their god in the Smoke. All the Ginger people had to get on Boats and go to Ireland. The King of Scotland decided to swim to Ireland one morning, and he saw Scotia bathing in the river, ravishing, and they were soon married as was the fashion of these ancient time, doused in water and dirt, as the flowers are blown up the wind in the greenest field on Earth.
And soon the had children, and they built a city where Edinburgh is now and they called it Jerusalem. Perhaps you have heard of this place in the Bible and have assumed that Jerusalem is in Israel. The Medieval Jerusalem is in Israel stolen the near eastern superstitious types. The Port of Joppa in Edinburgh is still called Joppa in modern day Scotland. These children were the Kings of Scotland and from them was King Arthur, Romulus, Leonidas and the Royal McGregor's - true loyalists until the end to the end.
 Jesus was born in Edinburgh and was crucified and God was so angry he scrubbed the minds of all the people, and changed the name of Edinburgh from Jerusalem to Edinburgh, and Jesus was buried at the site of Roslyn Chapel in modern day Edinburgh. Jesus's son William Alexander Merovingian Plantagenet decreed that a church should be built there to commemorate this forever more. He alone knew the truth of this  but the Devil killed him with a poison dart and all would have forgot! Except!
In the 19th Century an adventurer of the mind entered a trance and made contact with the Ether and hidden away in the secret Library of Edinburgh University when studying something dreadfully boring I stumbled upon these fragments.
The Moon child was born in his thoughts to project power against evil forces who use ritualistic human sacrifice calibrated with an ancient numerical language, and arcane astrology to fulfill their superstitious urges.

Tuesday, 28 April 2015

Thursday, 23 April 2015

Steel Authority of India - 22.43% gain, Tata Steel - 10.41% gain and Tata Motors - 30.57% gain. I think the most potential for growth is in India. I think their is scope for massive investment in power and transport infrastructure, and in housing. Also a growing lower middle class who will want affordable motor vehicles. Surely it possible to build basic cars with basic engines but with comfort for $500. Would electrical engines be cheaper to make and also lower pollution. Labour has very low levels of bargaining power in the economy so wages are low and this lowers consumption, encourages the informal economy from which no tax can be raised; India does not have the financial muscle and foreign exchange reserves of China to fund a construction boom, however, there is a lot of cheap available labour to lower the cost of building it.

National Grid - 5.6% Loss. I think it is opportunistic buy a stake in what should be a state monopoly. A defensive stock because its revenue it guaranteed. The market has probably valued it correctly, but it should appreciate with the rest of the market on the back of increasing savings caused by a demographic bulges in the third age group

Netflix - 47.85% Gain. I am always thinking of selling this. Producers could have the ability to withhold supply if they started a rival, like Tidal in music to Spotify. However, there is no competitor at the moment and I hope I will be able to choose the correct moment to sell. I will look out for signals of sentiment within the market. If Disney offered their own subscription service could they out-bid Nertflix for content, or in the bidding process drive up costs and eat into margin or they will have to increase subscription fees and this will test the elasticity of demand for a product that is almost a ubiquitous unconscious payment every month; would an increase in price increase the visibility of this charge and the consumer might question its value.  

Starbucks - 24.16% gain. I think it is an easily exportable model and it has not penetrated India, China or Africa to a great extent. I think a careful approach to the strictness of imposing a corporate culture is less important new revenue streams and growth. Coca-Cola is the example to follow in using a low tech supply chain, and low tech product to infiltrate low tech markets.

Wednesday, 22 April 2015

Stocks to watch at the moment using my model portfolio since November 2013

Electronic Arts - 114.48% gain. Strong financial health is shown by confidence of management to enter sponsorship deals for major sports. Strong franchises in Rest of World and American Football, Golf, Boxing; namely sports franchises which are the best selling video game on most systems has given it a good reputation with consumers. Their is evidence of self reinforcing brand loyalty. New products are released Annually at Peak times which provide stable revenue streams. Most competitors are independent and cannot compete in terms of naming terms and partnerships with major Sporting organisations, such as FIFA.
However, recent attempts to monetize the games on the IPAD has been poorly implemented, and has reduced the quality of some of their products. There is an untapped market for big budget video games and EA have the scale and resources to take advantage of this.
Mentioned Alongside Sony - 82.13% gain for developing high quality gaming machines which will become more prevalent as younger consumers age and still use the devices when they are adults and when they retire.

Lockheed Martin - 52.37% gain. The US Government currently prioritizes high tech spending in its budget. This is likely to continue as Warfare becomes more technologically advanced. I think their might be a potential risk if their actually was a large scale conventional war involving the USA because you cannot mass produce US$200m dollar advanced Aircraft and Missiles. The likelihood of such a war is limited because of Nuclear Weapons.

Just Eat - 45.61% gain. This is the UK's food amazon. They have first mover advantage, they have brand awareness; they will hopefully have a transformational affect on take away food by increasing the choice and lead to the development of a greater variety of takeaways; for instance being able to order well made home made food from independent chefs. I am very dubious about the valuation of tech companies

United Health Group - 74.69% gain. Not sure what they do but could have something to do with change in USA health insurance market since Obamacare??

Adidas - 27.50% Loss. Everyone in the third world seems to have a Football strip or might want to buy one in the future, do they sell low cost Football strip replicas in the third world, the main leisure activity in the developed world is sport. Huge brand awareness like Nike - 33.67% gain. The brand might be the only thing saving the business for Adidas but provision of only slightly differentiated product recycled on an annual basis will guarantee revenue in the mass fashion segment

EDF - 23.96% Loss. French Power company in a strong bargaining power position due to wasteful competition in what should be a state monopoly, should be able to capture increased margins. Is underperformance due to general market sentiment about the French economy. Industries from the rich North should be able to expand southwards and capture new markets in less efficient national markets.

Glencore - 18.44% Loss.  The core business of facilitation is always profitable, it is the difference between the amount sold and the amount bought always makes money for traders. This does not depend on the actual price of the commodity. Is it able to take advantage of niche markets as asset heavy miners dispose of unwieldy, costly, uncontrollable production facilities. Underperformance is perhaps market sentiment about commodities, financial results will hopefully bring about a rebound.
Cut-throat vision of management will probably make future profitability likely; but this is not real money so who knows if a scandal is unfolding in terms of ethics behind closed doors in terms of human rights abuses by suppliers. A similar company to Archer Daniel Midland - Gain 21.1%, who are performing well on strong sentiment for US Stocks. Improved technology will perhaps increase the scope of market makers to source supply from independent small scale firms, and help large firms source supply from a much wider range and so earn more fees by matching buyer and seller 

Ecobank - 23.55% Gain. I am not a professional but I bought 1.5m shares and it is only worth about US$160k. African bank with good local knowledge. Not sure it is realistic to buy 10m shares for a good sized slice

State Street - 23.18% Gain. Making money on passive retail funds. 401k's are heading to them or Blackrock because they have the scale to follow the Index, alongside Blackrock 24.99%

Thursday, 16 April 2015

It is a simple fact that you cannot have economic growth without increased Energy use. Increasing Energy use means more CO2 in the atmosphere and the climate does seem to be changing (I think Climate models are like economic models; they tend towards inherent bias and innumerable to infinity false positives because of assumptions that are spurious at best; but my opinion does not matter in the slightest.)
The orthodox approach to climate change is to use less Energy,  or to exterminate the worldwide bovine population, or to use inefficient, expensive, unreliable renewable Energy instead. I think their is a great future for renewable energy; is it possible to wind farms in the middle of the Atlantic? is it possible to go to the Moon? If Hanergy Energy have found a way of embedding an efficient solar panel in a pane of glass, then I think every building and every car should have one. This technology will not develop quickly, vast amounts of resources and investment is required. National Governments have squabbled about cutting carbon emissions and have been unable to agree any measures that are able to have an effect in reducing levels of CO2 in the atmosphere, Would they be willing to pool resources to develop technology for more efficient renewable Energy? Would the Bill Gates Foundation, or Mark Zuckerberg, or some other benevolent firm be willing to pioneer a project like building windfarms deep out to sea in the cape of good hope. Would it make sense to build solar panels and place them in the entirety of all the Deserts in the World? This would have more affect than trying to persuade national governments to slow Economic growth by using less Energy. Environmental groups would probably protest if some one did try and build a massive platform in the middle of the sea to put wind turbines on, but most people do not want their living standards to go backwards in the short-term by being austere with consumption and energy.
I am not an Engineer, but I think devices shaped like ship's Sails would capture wind more effectively than a huge metal windmill. Is it possible to design a device made from super light material which could be flown like a kite in order to capture high velocity, high altitude  winds and use it to generate energy? Even a device on the sea and on land shaped like a sail; would seem in layman's terms to be more efficient than the current, some might say,  not aerodynamic, obtrusive design.
Drones with effective solar panels could be used above the cloud line to capture Solar Electricity at high altitude, and then store it using effective batteries and deliver it when needed to power stations. Perhaps someone more qualified needs to come up with realistic ideas, but my point is that they should be discussing new technology, funding new ideas, on a much larger scale using international national government funding, alongside much needed private philanthropic funding. This is the first priority of business; it would need a conference lasting a hundred years for all the nations of the world to agree to stop using so much energy; the problem is Carbon, not Energy, provision of Energy is required for the international ending of poverty and free energy provided by a State run Monopoly is the most effective to way to run it.
This will not happen overnight, there needs to be a short-term solution; Deforestation was caused by human development in the middle ages, and urbanisation provides the opportunity for re-forestation Could we all plant trees.  There is a lot of waste ground in cities where plants and trees could be grown, trees and plants could be grown on buildings, on roofs, beside the highway if all cars had to run on electrical power by law. Could those who live on state handouts be employed planting and tending these trees. Governments could subsidise farmers to grow trees? This would not be enough to absorb and so reduce CO2 levels unless it was implemented on a world wide scale; It is unlikely that flowers and trees would bloom on the roofs of the houses in Beijing because of the incessant smog; planting CO2 absorbing trees and plants would probably not be enough to have an impact reducing CO2 levels, unless?

Monday, 6 April 2015

For me Peace is more important than any of our principles
The problem with instability that has led to civil war is that the State is hijacked by the army.
I think it would be better to allow the civilians to run this State, to perhaps let it exist and to develop systems of governance. It often seems obscene that Billions of Petro-Dollars are spent on skyscrapers and race tracks when it could have been spent rebuilding North Iraq. I have read, what are probably untrue rumors, that the only thing that the rich gulf states finance abroad are Guns and Butter. It is better to own Trafalgar square than give the people of Tahrir square modern housing. If faced with the choice would the Arab spring protesters have chosen improved living standards over Democracy? A Democratic election is pointless if the system of government is open to corrupt methods of improper governance, in fact recent history has shown that the imposition of sudden revolutionary Democracy causes more harm than good, it often collapses into civil war, or is replaced. Democracy developed in the West, agreements were made from Magna Carta to the Suffragettes as the relative bargaining power of the constituents involved reached new points of balance. I feel that a gradual move to Democracy is a much more sensible idea; however, limited Democracy may turn out to be a charade, it is a step on the path, and many feel that Western Democratic systems are a facade also
The Chinese, The Americans they have funds which invest all over the world, but who lends to Palestine, to Egypt except clandestine Europeans and Americans. Sovereign Wealth Funds have invested in Europe and America, are they able to invest in North Iraq, North Syria, Pakistan and Afghanistan. A Petrol Dollar Fund would not be giving loans, it would be investing, the IMF cuts government investment as condition for its interest charging loans, a Gulf fund loan would be extra spending in partnership; this would be a different approach to Investment; another function rather than dishing out emergency loans. Investing in providing Domestic Energy supplies, Solar Power, better housing, and new roads. I think you can build a building in Iraq and call it a hospital or a school, but the people who live their will use it is a building, and then decide what to use if for; what seems it best use to their local needs.
I wonder why these people have turned to this Savagery? Is it evil or is it desperation? I do not know, I have never met one of them, it seems to me as if it is the brutal stupid army staffed by hooligans and thugs, illiterates, and video game fans, fulfilling the role of civil government structures that have disintegrated all over Syria and Iraq. I do not thinks Bombs dropped by remote control by young men looking at screens like they are playing video games inspires empathy, but watching someone die does, it has been proven in studies that many soldiers do not fire their guns or shoot to miss, even if this is not a conscious decision, especially amateurs. I would recommend infiltration,because they apparently let anybody join them, then decapitation of the leadership, hit and run attacks with tactical assault squads. I am fairly certain that the US Army could continue to massacre them and who else who happened to be standing precisely near with drones and missiles but this would make things a bit more exciting for your elite soldiers; alas, it is a sacrifice some give without much thought
The war must be ended, the borders must be redrawn more appropriately. The Sunni people of Iraq perhaps need their own State and Syria should be divided along current territorial lines. The gulf states must take the lead in negotiating the peace but instead they fight their wars

Friday, 3 April 2015

The problem is how to end austerity. The government cannot afford to spend anything extra to end austerity, the main costs are welfare and health. Democratic politicians cannot say anything about making people pay for health without risking their careers, cutting welfare at a broad stroke will inevitably penalize some of the truly deserving, and means testing would perhaps cost more in terms of more bureaucracy and time than it would ultimately save. It seems ineffable that  Public Sector employment in some areas is dependent on the provision of welfare, and the support of its recipients.
The provision of charity is the duty of the church it is not the underlying philosophy and ethics of the left-wing. Making zero-hour contracts will make people lose their jobs, if benefits were paid to people on zero-hour contracts to top up their wages on days when they were not working, this would benefit these workers psychologically as they would feel more secure, and also enable businesses to keep on hiring workers. It is a sad state of affairs when only immigrants will take these jobs, I was on a bus the other week and a social worker was talking to a young man who seemed prone to trouble, no business would want to employ this man if he was prone to bursts of anger, substance abuse, illiteracy (not stupidity), and opportunistic theft. I am certain that neither rehabilitation and discipline would not help cure this man of his poverty. Community service is used to punish criminals, it should be expanded to socialize the unemployed. This would probably cost more than it does at the moment to pay them benefits to stay in their homes, however would probably encourage people to take jobs in the private sector unless washing dishes, cleaning graffiti, cleaning up chewing gum sewing curtains, fixing pot-holes and collecting litter is fun. Making people work for free for their benefits in the private sector does not work because it replaces private sector jobs.
Free market micro-finance in the UK has spawned pay-day loan companies charging rates of interest the Mafia would be proud of. Would it not be better if the government could provide similar loans at a much lower rate of interest? This may even turn a profit in today's interest rate conditions and would be a good supplement a stimulant to Demand alongside a trillion pounds re-liquidizing the banks.
It seems unlikely that these dependents will establish legitimate businesses, they are dependent on being given employment. The sharp blade of Capitalism creates more money than the correctly criticized command economy, however a Factory opened in the the Glasgow slums making widgets employing the young delinquent gang members function is to promote social cohesion not make a profit