Skip to main content

Features of the week

Lots to report here, including some additional stories on energy and the environment that we promised you earlier in the week. Let's get started.

1. Journalist killings reach record numbers. The Financial Times covers the findings of an International News Safety Institute (INSI) report which shows "the world to be a more dangerous place than ever for journalists."

More than 1,000 media workers died on assignment between 1996-2006, and a very large part of these deaths were no accident. Unfortunately, the INSI report finds that the killing of journalists is, in large part, a "virtually risk-free" activity. This is due to the fact that many of their killers go unnoticed and unprosecuted.

The full INSI report, "Killing The Messenger", is available for download in PDF format.

2. "Politics and the English Language". An interesting article from the San Francisco Chronicle on the degredation of language and the resulting impact on our view of reality.

Thanks to the Dines Letter for recently highlighting this article.

3. Who wants to be a billionaire? Forbes is out with their latest list of "The World's Billionaires". Forbes counted 946 billionaires in their list, including 178 newcomers to the billionaire club.

It's becoming increasingly apparent that, like joining the swelling ranks of millionaires worldwide, being a billionaire does not represent everything that it used to.

4. Financial Times on, "The rise of sopisticated indices". This article highlights some of the indices tracking volatility and credit derivatives, many of whose names have appeared in the news lately thanks to the recent action in the financial markets.

5. From Bloomberg, "FBI Exceeded Authority in Getting Data, Report Says".

The FBI violated the privacy of U.S. citizens when investigators illegally gathered information using expanded powers granted under the USA Patriot Act, a government report said.

Gosh, what a shocker. Read on for more.

6. Over at The Energy Blog, Jim and the gang are discussing the rising costs of developing Canadian oil sands projects.

This is an issue we covered last fall in, "Oil sands: questions over rising costs".

Although many Americans are counting on the oil sands as a future energy source from a dependable and politically-friendly nation, rising costs and environmental impacts (not to mention high energy use in extracting and refining the product) seem likely to hobble some of the more optimistic production forecasts.

7. "How green is nuclear power?". That's the question posed by The Christian Science Monitor in their recent report on energy and the environment.

8. I've been hearing more people talk about biobutanol lately. So what is it exactly? Well, as Autoblog Green tells it, biobutanol is a form of butyl alcohol that is made from biomass and used as an alternative fuel for vehicles.

Is it a better alternative fuel than corn ethanol? Read the above link to find out more and see Green Car Congress for more news on advances in biobutanol production.

Popular posts from this blog

Seth Klarman: Margin of Safety (pdf)

Welcome, readers! Signup for free email updates at the Finance Trends Newsletter . Update: PDF links removed due to DMCA notice. Please see our extensive Klarman book notes below. New visitors, please check the Finance Trends home page for all new posts. Here's something for anyone who has been trying to get a look at Seth Klarman's now famous, and out of print, 1991 investment book, Margin of Safety .  My knowledge of value investing is pretty much limited to what I've read in Ben Graham's The Intelligent Investor (the book which originally popularized the investment concept of a "Margin of Safety"), so check out the wisdom from Seth Klarman and other investing greats in our related posts below. You can also go straight to Ronald Redfield's Margin of Safety book notes .    Related posts: 1. Seth Klarman interviews and Margin of Safety notes     2. Seth Klarman: Lessons from 2008 3. Investing Lessons from Sir John Templeton 4.

Clean Money - John Rubino: Book review

Clean Money by John Rubino 274 pages. Hoboken, New Jersey John Wiley & Sons. 2009. 1st Edition. The bouyant stock market environment of the past several years is gone, and the financial wreckage of 2008 is still sharp in our minds as a new year starts to unfold. Given the recent across-the-board-declines in global stock markets (and most asset classes) that have left many investors shell-shocked, you might wonder if there is any good reason to consider the merits of a hot new investment theme, such as clean energy. However, we shouldn't be too hasty to write off all future stock investments. After all, the market declines of 2008 may continue into 2009, but they may also leave interesting investment opportunities in their wake. Which brings us to the subject of this review. John Rubino, author and editor of GreenStockInvesting.com , recently released a new book on renewable energy and clean-tech investing entitled, Clean Money: Picking Winners in the Green Tech Boom . In Clean

Slate profiles Victor Niederhoffer

Slate's recent profile of writer/speculator, Vic Niederhoffer has been getting some attention from traders and finance types in recent days. I thought we'd take a look at it here too, to offer up some possible educational value from Vic's experiences with trading and loss. Here's an excerpt from Slate's profile of Victor Niederhoffer : " I've enjoyed getting your e-mails. It sounds like you've thought a lot about being wrong. Well, the reason you contacted me, to call a spade a spade, is that I'm sort of infamous for having made a big, notorious, terrible error not once but twice in my market career. Let's talk about those errors. The first was your investment in the Thai baht, which pretty much wiped you out when the Thai stock market crashed in 1997. I made so many errors there it's pathetic. I made one of my favorite errors: "The mouse with one hole is quickly cornered." That is key. There are certain decisions you make in li