Thursday, June 13, 2024

For The Archives: A Lot Going On At The Moment — June 13, 2024

Locator: 47847ARCHIVES.

Flashback: link here.

DIS: back under $100. 

Chrome: Apple Pay.

MCD: A new day for fast food. Forty percent of sales are now digital.

NASDAQ 100: ARM to replace Sirius.

OpenAI: former head of NSA joins board. Who-hoo.

Liberty Sirius: another big loser for BRK.

JPM: folks may want to take a look at the news and ticker.

Best story all day: Laureen Powell Jobs and the California sea coast.

Pop quiz: name the #1 story of the 1990s and 2000s that is seldom in the headlines any more. Extra credit: name the “face” for that “movement.” Hint: it’s a “she” and she’s Swedish.

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Malibu

Link here.


Not a day goes by that I don’t think about PJB. 

For The Archives -- Headlines For A Most Exciting Day For Investors -- June 13, 2024

Locator: 47846ARCHIVES.

There were so many incredible investing stories today, I'm simply going to post links to headlines. Maybe more later.

Deflation:
Pentagon rocket club:
  • Bezos' Blue Origin joins SpaceX, ULA in winning bids for $5.6 billion Pentagon rocket club;
  • ULA = United Launch Alliance
  • Pentagon program: National Security Space Launch (NSSL) program
  • under this program, the Space Force is expected to order as many as 90 rocket launches in the NSSL Phase 3 program;
Market:

Apple:
Oracle:
  • Larry Elison, at $14 billion now the 7th-richest person on earth;
Investment accounts for children: link here.
Economy: 
GM:
Fisker:

Four New Permits; Four Permits Renewed; One Permit Canceled -- June 13, 2024

Locator: 47845B.

WTI
: $78.21.

Active rigs: 38.

Four new permits, #40834 - #40837, inclusive:
  • Operators: Oasis (3); Koda Resources
  • Fields: Indian Hill (McKenzie); Fertile Valley (Divide)
  • Comments:
    • Oasis has permits for three Behan Federal wells, SESW 29-153-101; 
      • to be sited between 1664 FWL and 1658 FWL and between 602 FSL and 503 FSL;
    • Koda Resources has a permit for a Strout well, SESW 14-160-102, 
      • to be sited 476 FSL and 1960 FWL;
Four permits renewed:
  • BR: two Shafer permits and two Sandie permits, Elidah oil field, Mckenzie County;
One permit canceled: BR, a Concord permit, #37974, Dunn County

It appears Spotted Hawk has also canced two permits, two Moose permits, McLean County;

Time Scales

Locator: 47844GEO.

This is simply some bookkeeping for the blog; nothing new here. This is being done to update the "Geology" section of the blog.

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Time Scales

Note: geologic time periods are named differently than archaeological time periods. 

A quick reminder:
  • Phanerozoic eon
    • Paleozoic era
    • Mesozoic era (Triassic/Jurassic/Cretaceous periods)
    • Cenozoic era (Paleogene/Neogene/Quarternary periods)
  • Quarternary period
    • Pleistocene / Holocene epochs
  • Pleistocene epoch
    • spanning the world's most recent period of repeated glaciations. The end of the Pleistocene corresponds with the end of the last glacial period and also with the end of the Paleolithic age used in archaeology.
    • Gelasian / Calabrian / Middle / Late ages
  • The above, geologic time, in millions of years:
  • the previous epoch (the Pleistocene epoch) from about 3 million years to the present epoch (the Holocene epoch);
    • the Gelasian age: about 3 million to 2 million years ago
    • the Calabrian age: about 2 million to 1 million years ago
    • the middle age (Chibanian Age) of the current epoch began about 800,00 years ago;
    • the late age (the Tarantian Age, proposed name) of the Pleistocene Epoc began about 130,00 years ago
  • The current epoch (the Holocene epoch)
    • the earliest age (the officially ratified Greenlandian age) then began about 11,700 years ago
    • the middle age (the Northgrippian age)
    • the current age (the Meghalayan age): c. 2250 BC to the present

The Historical Ages 

The Meghalayan age is now further divided into "historical ages":

Stone Age

Bronze Age: 3300 BC - 1200 BC (ended with the Fall of Troy)

Late Bronze Age: - 1200 BC

Iron Age: 1200 BC - 500 BC (Homer during the mid-to-late Iron Age)

Viking Age: 500 BC -- 800 AD (Pre-Roman, Roman, Germanic)

Pre-Roman: 500 BC - 0

Roman: 0 - 400 AD

Germanic: 400 AD - 800 AD

The Middle Ages: 1100 - 1453 AD
The period of European history from the fall of the Roman Empire in the West (5th century) to the fall of Constantinople (1453), or, more narrowly, from c. 1100 to 1453.
Reformations:
16th and 17th centuries.
The Enlightenment:
The Enlightenment – the great 'Age of Reason' – is defined as the period of rigorous scientific, political and philosophical discourse that characterised European society during the 'long' 18th century: from the late 17th century to the ending of the Napoleonic Wars in 1815.

British Romanticism:        

         1780 -1830

The Age of Shibboliths;

The Club Of Rome And "The Limits To Growth" -- Revisited -- June 13, 2024

Locator: 47843GDP.

Link here. 

This is pretty cool:

  • cutting down entire forests, turning that wood into wood pellets to burn, to make electricity raises the GDP substantially; leaving the forest alone, letting it grow, does nothing for GDP.
  • surgeons across the United States performing bypass surgeries every day, raises the GDP substantially; preventing heart disease in the first place by health living does nothing for GDP (generally speaking).

So, there's that. 

The new book: Growth: A History and a Reckoning, David Susskind, c. 2024.

A world without growth -- at least measured by GDP -- is difficult for modern people to comprehend.

And so it goes.