Kyle Bass on CNBC... Links to videos:
Fight against big pharma not about just profiting: Bass
Biopharma lobbying making this a big fight: Bass
Kyle Bass: EMs will falter, next two years will be tough
China's $3T banking loss just beginning: Bass
Oil Patch Braces for Financial Reckoning (
LINK)
U.S. energy companies have defied financial gravity for more than a year, borrowing and spending billions of dollars to pump oil, even as crude prices plummeted. Until now.
The oil patch is expected to finally face a financial reckoning, experts say, with carnage occurring as early as this month. One trigger: Smaller drillers are bracing for cuts to their credit lines in October as banks re-evaluate how much energy companies’ oil and gas properties are worth. But with oil trading below $45 a barrel, bigger oil outfits are struggling to stay profitable, too.
Richard Thaler: the less attention you pay, the more money you’ll have (interview) (
LINK)
Related book: Misbehaving: The Making of Behavioral Economics
And as another reminder that life is short:
Scott Dinsmore, I Miss You Deeply - by Leo Babauta [Scott's last post on his blog is
HERE. His TED Talk is
HERE. And the video he recommended in his final post:
Look Up.]
