Category Archives: By Benjamin
A case for buying Vale
The sky is falling! The sky is falling! Buy, buy, buy. I am looking at the doom and gloom in the marketplace and I think about how in some cases people overreact to bad news. I am going to stay … Continue reading
Filed under By Benjamin, Iron Ore, Steel, Vale
My solution to the financial crisis
Okay, everyone is coming out with solutions, and I do not like most of them. Let me go over a simple solution. We have to fix two things: Freddie and Fannie, and the existing toxic debt. I have a simple … Continue reading
Filed under By Benjamin, Finance/banking
How to value a project, the inputs
Valuations are traditionally done in boom times and bust times, and they are done very differently in both times. I am going to go over how to value a mineral property in a full market cycle. I am not going … Continue reading
Filed under By Benjamin, Mining
Nationalization is part of the cycle
The Herald Sun: Whole new ball game A key note to the Guinea government: Next time you want to nationalize something, wait for the rail line to be built. I mean seriously, if you are going to take Rio Tinto, … Continue reading
Filed under By Benjamin, Rio Tinto
Put government back in the equation
Does government have a place in business? This is a question that I have been debating for awhile. Orderly markets require regulation, and regulation has to come from government. Too much regulation and you end up messed, too little and … Continue reading
Filed under By Benjamin, Misc
The sky is falling!
Chicken Little, the sky is falling. Did you not notice the sky is falling? I mean, everyone knows the sky is falling. Do you not watch TV, read a newspaper, own a house, have a mortgage? Do you not know … Continue reading
Filed under By Benjamin, Misc
Drill, drill, drill vs. Research, tax, research
Drill, drill, drill. Sounds so simple, right? If you drill, you end up with oil. And if you end up with more oil, you will drop the price, right? The reason to drill has to do more with what people … Continue reading
Filed under By Benjamin, Energy
Just trade bad paper for good paper
Without ground rules to play with in the financial markets, people will make stupid bets for short-term profit that cost everyone 100 times over in the long term. The U.S. had–I stress had–the best mortgage system in the world: 30-year … Continue reading
Filed under By Benjamin, Misc
