We have two other posts today, Oil in the 30s: Merry Christmas, in which we opportunistically crow about our prowess at predicting oil prices, and The Harvard-Yale-CALPERS Cycling Club, in which we lament the lack of imagination among fund managers and the enormous harm caused by inexperience or ineptitude (got to throw-in the personal and institutional greed, too). We do that via an analogy.
Now, this post extends both of those because, here, we make a… Read the rest

















































