- The FT has a "profile" of what's going on with Rick Perry here
- The "new Pepsi" in economics Nominal GDP as a policy tool worth the read here Don't know if he's crazy about this theory -- it may work, but there are real issues here too!
- Proof that Ron Paul is running for his next gig: FoxNews here
- Bronte Capital continue to rip the reverse take-over crowd here
- My first job, was in 15 September 1987, went for 4 weeks of training, my first "in office" day was on October 19th 1987. Terrible storm overnight (London) with most Tube lines running "short" service. Arrived in the office to see the Dow Jones down 20% -- asked my boss "is this normal?" here
When we began looking at farming in 2013/14 as something we both wanted to do as a "second career" we invested time and money to understand what sector of farming was profitable. A few things emerged, First, high-quality, source-proven, organic farm products consistently have much higher profit margins. Secondly, transformation accounted for nearly 80% of total profits, and production and distribution accounted for 20% of profits: Farmers and retailers have low profit margins and the middle bits make all the money. A profitable farm operation needs to be involved in the transformation of its produce. The low-hanging fruits: cheese and butter. Milk, generates a profit margin of 5% to 8%, depending on milk quality. Transformed into cheese and butter, and the profit margin rises to 40% (Taking into account all costs). Second: 20% of a steer carcass is ground beef quality. The price is low, because (a) a high percentage of the carcass, and (b)...
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