What next?

You cannot rule out a big one-day market crash like the 25% fall in 1987. With all that the central banks and the governments are doing, markets are in free fall, down 20%+ in the week, and everybody is panicking. It just takes very little to break the whole system into a one day big-meltdown. If that happens, buy something that day might not be a too bad idea.

Bank of America 10bn$ capital raise

How on earth a bank that spends 50bn$ to buy Merrill Lynch would after a month need to raise 10bn$ at a discount of some 20/30% versus market price, diluting existing shareholders, in a market that is extremely tight on cash? It seems to me that some people might not have understood how serious the situation is, if they think they can go shopping and later easily present the bill to shareholders.

Keyword Search at a breaking point?

This is an interesting blog about the limits of keyword search, and what there might be beyond it. The idea is that keyword search is reaching its breaking point and new types of search need to step in to make sure we keep on easily finding what we need in the growing number of documents and pages that populate the web. Maybe our social map will help search engine returning more accurate results, and semantic web...

The Clean Energy Scam – TIME

This is worth reading. Really. It’s about the perverse things that bio-fuels production is causing. Like de-forestation (which causes 20% of all carbon emissions), loss of bio-diversity and many other things. “Some scientists believe fires are now altering the local microclimate and could eventually reduce the Amazon to a savanna or even a desert. “It’s approaching a tipping point,”...

Google’s clicks weak again

At least according to Comscore. Google is reporting soon. Check the news on Alleyinsider.