About Me

Retired chief investment officer and former NYSE firm partner with 50 plus years experience in field as analyst / economist, portfolio manager / trader, and CIO who has superb track record with multi $billion equities and fixed income portfolios. Advanced degrees, CFA. Having done much professional writing as a young guy, I now have a cryptic style. 40 years down on and around The Street confirms: CAVEAT EMPTOR IN SPADES !!!

Thursday, September 01, 2011

Electric Power Returns...

Hurricane Irene did moderate property damage in my area, but gale force winds and wet ground
conspired to send a number of trees down. Fortunately, few homes were struck, but power and
phone lines as well as cel towers were taken down. We went five days without power, and with
the well pump out, without water as well. We made substantial use of the neighbor's pool. I am
taking the rest of the evening off, but will return to regular posting shortly.

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