Post by naturelovr on May 4, 2011 5:01:33 GMT -6
I first saw this article linked to The Oil Drum - an excellent site with intelligent discussion on peak oil, etc., by those in the industry. I first found that site during the gulf spill last year.
www.theoildrum.com/node/7853
But the article is in an easier to read format at the link below. Most of us here already know these things, but the article is excellent and you might want to share it with others.
To read this excellent article:
permaculture.org.au/2011/05/02/time-to-wake-up-days-of-abundant-resources-and-falling-prices-are-over-forever/
www.theoildrum.com/node/7853
But the article is in an easier to read format at the link below. Most of us here already know these things, but the article is excellent and you might want to share it with others.
Time to Wake Up: Days of Abundant Resources and Falling Prices Are Over Forever
Consumerism, Economics, Ethical Investment, Financial Management, Food Shortages, Global Warming/Climate Change, Population, Society, peak oil — by Jeremy Grantham May 2, 2011
Editor’s Preamble: This is a first for me. Who would have thought I’d be posting a quarterly newsletter written by the Chief Investment Officer of a large investment firm? "Jeremy Grantham is a British investor and Co-founder and Chief Investment Strategist of Grantham Mayo Van Otterloo (GMO), a Boston-based asset management firm. GMO is one of the largest managers of such funds in the world, having more than US $107 billion in assets under management as of December 2010. Grantham is regarded as a highly knowledgeable investor in various stock, bond, and commodity markets, and is particularly noted for his prediction of various bubbles." (Wikipedia). After reading this, you could be forgiven for thinking it was put together by someone like Dr. Albert Bartlett instead. But no…. When a stock guru starts telling his investors the same kind of things I’ve been sharing with you for years, then I’m only too happy to reinforce the message with his. How many of his peers are listening is the big question — I’m guessing not too many unfortunately. I think the underlying investment message I personally take from this is to put your all into natural capital, permaculture education and community building.....more...much, much more in the article...
Consumerism, Economics, Ethical Investment, Financial Management, Food Shortages, Global Warming/Climate Change, Population, Society, peak oil — by Jeremy Grantham May 2, 2011
Editor’s Preamble: This is a first for me. Who would have thought I’d be posting a quarterly newsletter written by the Chief Investment Officer of a large investment firm? "Jeremy Grantham is a British investor and Co-founder and Chief Investment Strategist of Grantham Mayo Van Otterloo (GMO), a Boston-based asset management firm. GMO is one of the largest managers of such funds in the world, having more than US $107 billion in assets under management as of December 2010. Grantham is regarded as a highly knowledgeable investor in various stock, bond, and commodity markets, and is particularly noted for his prediction of various bubbles." (Wikipedia). After reading this, you could be forgiven for thinking it was put together by someone like Dr. Albert Bartlett instead. But no…. When a stock guru starts telling his investors the same kind of things I’ve been sharing with you for years, then I’m only too happy to reinforce the message with his. How many of his peers are listening is the big question — I’m guessing not too many unfortunately. I think the underlying investment message I personally take from this is to put your all into natural capital, permaculture education and community building.....more...much, much more in the article...
To read this excellent article:
permaculture.org.au/2011/05/02/time-to-wake-up-days-of-abundant-resources-and-falling-prices-are-over-forever/