Wednesday, November 14, 2012

Epic cage match: Planet-healing warmist Jeremy Grantham versus super-evil, greedy planet-destroying fossil fuel investors like Jeremy Grantham

Jeremy Grantham - Be persuasive. Be brave. Be arrested (if necessary) : Nature News & Comment
I have yet to meet a climate scientist who does not believe that global warming is a worse problem than they thought a few years ago...As a former oil analyst, I can easily calculate oil companies’ enthusiasm to leave 80% of their value in the ground — absolutely nil.

The damaging effects of climate change are accelerating...Be arrested if necessary. This is not only the crisis of your lives — it is also the crisis of our species’ existence. I implore you to be brave.
August 2011: Jeremy Grantham Foresees Oil Decline and Increases Oil Holdings: OIL, XOM, PRB, PRB.A, SU, CNQ, BP
Jeremy Grantham is chairman of the board of Grantham May Van Otterloo (GMO), a money management firm with $106 billion of assets under management at the end of June.
Recently, Granthan has become a fan of the oil & gas companies. The sector weighting history of his portfolio shows that he has been increasing his oil & gas holdings since the third quarter of 2010. He also added more of these companies than any others in the most recent quarter. They now comprise 8.7% of his portfolio.
Feb 2012: Jeremy Grantham of GMO on Coping With Slow Growth -
"I'm very partial to land. It's the key to building up long-term wealth…I like stuff in the ground—metals, hydrocarbons, oil, even natural gas." -- Jeremy Grantham
Nov. 13, 2012: Jeremy Grantham Goes For Merger Arbitrage and South America in Top Q3 Investments -
Granatham bought 1,412,200 shares of Nexen Inc. for $23 each on average.
Nexen is a global energy company with conventional oil and gas assets in the UK, Gulf of Mexico, Canada, Poland, offshore West Africa and elsewhere. Its stock gained almost 53% year to date.
Monty Python's Graham Chapman's One Man Wrestling - YouTube

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