Viewing profile — thebmax

I'm JJ's brother and an investor in Double so I'm a little bit biased but I believe reducing/eliminating AUM fees is a huge net positive for the world. The performance drag over lo…

I love the idea and vision but I think you are underestimating the benefits of a good name. I can’t pronounce Terusama, couldn’t remember it, and it would be hard to spell if heard…

Agreed. Fuck Benchmark. Travis makes each partner $1 billion personally and this is how they treat him? They should be blackballed by every great founder out there. I had respect f…

Without the solar ITC and wind PTC most projects wouldn't be feasible. I'm skeptical these will last past a major tax overhaul as planned this year. I don't think your view on oil …

Not exactly how it works. The projects are leveraged off balance sheet with separate, often tax advantageous entities owning the panels in a complicated lease buyback structure. 'L…

A real life Ayn Rand story.

That was what I was getting at ;). I had an old boss who used to call hydrocarbons 'Mother Nature's Battery'. Its almost a miracle when you think of it. Millions of years of solar …

Not questioning whether innovation can and will occur. Question is whether the innovations to be developed can compete with what is the present reality which is ~10cents/kWh price …

I'm all for innovation in storage and think there might be a breakthrough at some point. But this goes to the heart of it. Right now a fully renewable grid that matches what we cur…

Case in point is a very cloudy day with no wind. Depending on where it is demand could be very high if it's cold out and heaters are running full blast. You will essentially need a…

'Storing solar power underground' - what if it's in a pressurized and compressed form that's easily transported and has a high mass to energy ratio? Brilliant!

These cost comparisons don't take into account reliability. Power is almost useless if it's not reliable. A large part of your monthly bill goes towards reliablility and transport …

Great idea, RICO investigate everyone who doesn't toe the party line! How do these people believe this a good idea? If their science is good it should stand against all falsificati…

It could also very easily spin out of control and increase instability in Asia.

Amazing what Obama is willing to give up in order to secure 'his' legacy issues. 60 years of post war Asian defense strategy thrown out the window. I don't see this ending well. Ja…

Business people who move jurisdictions due to tax hikes are not 'ransoming' anyone - its their own private property and they can move where ever they want. Politicians who are too …

I see your points and agree a carbon tax is the most market friendly way to account for environmental externalities. However, my main point is that wind and solar are NOT economica…

I'm continually amazed by people who think government bureaucrats make better decisions than consumers. Or people who think they know whats best for everyone else. You don't think …

Solar is not reliable without batteries and even with batteries in many parts of US, will not generate sufficient electricity to maintain our current standard of living. Nevada and…

This is partly the problem with renewable power. You get large swings in generation where some days it's your entire demand and you may even have to pay to export the excess power …

what's actually happening is the Chinese have started harassing neighboring countries in an area 600 miles offshore China and within 100 miles from other countries like Vietnam and…

famously insane according to who? The founding mantra of the editorial board: "We are united by the mantra 'free markets and free people', the principles, if you will, marked in th…

I really don't get why people who call themselves 'mainstream' economists can't see or choose not to acknowledge the issues the Austrians bring up. It strikes me as quite odd. Not …

This is really interesting and makes the whole situation seem absurd. It makes you wonder what they (the EU) are thinking. It is really scary that this can happen in this manner. E…

Capitalism also allowed Bill Gates to make $60 billion so he could donate it to finding a cure for malaria.