Friday, February 12, 2016

Norwegian Sovereign Fund is "the bad guys"?

I've never thought of them being the bad guys before.....just the smart lucky recipients stashing away pennies for a rainy day, unlike the Saudis driving their Ferraris until they need an oil change.......

But maybe we should be re-positioning our view of their $80+ oil desires.

I don't think I've ever really noticed anything Ambrose Evens-Pritchard wrote before -

But seems like someone worth watching based on this article (or is it just aligned group I think he's smarter than he actually is?)

Tuesday, February 09, 2016

Romeo and Juliet

I forgot how awesome the "audio sountrack" to Romeo and Juliet really is (the music soundtrack is good as well.....but the audio soundtrack is fantastic)

Monday, February 08, 2016

Fat stores

Wow the average person can walk a mile burning off just 10 grams of fat. With sufficient water, the average person can walk out their front door today and cover 500-1000 miles without needing to eat anything else........

That's just nuts !!
Fat is stored in the body in the form of triglyceride, which is comprised of three fatty acids attached to a molecule of glycerol. The fatty acids consist of chains of carbon atoms with hydrogen atoms attached. There is more stored energy (9 kcal) in a gram of fat than in an equal weight of carbohydrate (4 kcal/g). Typically, about 50,000 to 60,000 kcal of energy are stored as triglycerides in the entire mass of all of the adipocytes throughout the body. Obviously, there will be more energy stored in an obese person and less in an individual who has little body fat (Figure 1). Approximately 100 kcal of energy are expended per mile of walking, so most people have sufficient stores of triglyceride energy to walk 500-1,000 miles. Because this large amount of energy is stored in a relatively small mass of triglycerides, they provide a marvelous way for people to carry fuel as they move from place to place. In contrast, if all of this energy were stored as carbohydrate in glycogen, water molecules, which are very heavy, would be bound to the glycogen molecules, resulting in a total energy store weight of more than 100 pounds.

Thursday, February 04, 2016

Wednesday, February 03, 2016

Sunday, January 31, 2016

Superannuation investments are there for the people...NOT a nest egg for government to raid

The Turnbull government is under further pressure to cut back hundreds of billions of dollars in concessions that primarily benefit the rich, with Treasury figures showing the cost of capital gains tax concessions and superannuation concessions will be almost $380 billion.
Updated forecasts from Treasury show the capital gains tax exemption on the family home, the 50 per cent CGT discount and superannuation concessions, remain the biggest costs to the federal budget.

Malcolm Turnbull is about to embark on tax reform and is under pressure to scale back concessions.

Absolute Bullshit article from Nassim Khadem yet again.

The government is 'losing' anything, the favorable tax treatments are rewards for locking up investment funds under strict government rules until after retirement easing the burden on the government to fund retirees.

Change the rules and its simple investors will move their cash into alternative investment channels and the government wont get their significant upfront taxes.

Simple really.

Calculating "the lost tax" is ridiculous, its the "people money" not the governments money and has been saved for the last 20 years. To talk about this as baby boomers are moving into retirement is ridiculous.


Saturday, January 30, 2016

Wednesday, January 27, 2016

Starry Internet gigabit wifi service

Anyone in NYC with an interest in much faster wireless internet….
Sign up here –



Aereo Founder Launches 'Starry' Gigabit Wireless Service -

While Aereo founder Chaitanya Kanojia failed to disrupt television, today he unveiled a new wireless broadband carrier he hopes will disrupt the cellular industry. At a New York launch event today Kanojia unveiled Starry, a new wireless ISP that promises to use millimeter wave technology to deliver gigabit wireless speeds to your home. The technology will lean heavily on mesh networked city nodes utilizing 30GHz+ spectrum. Users will receive both a "Starry Point" antenna that sits outside of your window to connect to the city node, as well as a customized $350 router the company is calling a "Starry Station." The station comes with a touch-screen LED display that will offer an integrated speed test, a map of participating city nodes, and how many household devices are connected. Kanojia isn't yet revealing pricing, but claims he'll offer pricing that's "orders of magnitude cheaper" than incumbent providers, with no usage caps. Yes, offering gigabit wireless at low prices with no caps does sound like wishful thinking. Konojia claims it's possible using "millimeter active phased array technology" and hundreds of scattered rooftop nodes throughout each city. "With Starry's technology, we can deploy and scale faster than traditional wired networks -- at a fraction of the cost,"