Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST, Wednesday, June 6: One
more Australian stock I like: Metex Resources Ltd. (MEE.AU). I like it because
of its management heritage. Its chairman is Kim Robinson, of Kagara Zinc fame.
I've interviewed Kim on twice when I was in Perth`and I'm impressed. Metex is
exploration, not production. Hence it's unbelievably speculative. It's looking
for uranium, coal and gold. And it's everywhere. You have to understand three
things about Australia:
It's very large.
2. Most of it remains unexplored for minerals.
3. It's loaded with minerals.
map blew me away. It's in Metex's latest quarterly:
planning: The sad realization: The 2001 Tax
Act gradually reduces estate taxes until they disappear entirely in the year
2010. After that, who knows? The hope among rich people was that the Republicans
would be in power and would permanently erase federal Estate taxes. Hence many
rich people have been postponing doing anything about their estate planning.
The dawning realization is that Republicans won't be in charge. And the Democrats
are not motivated to erase the death tax. So we're back to square one: boring
planning. Now you know why you're likely see more of this stuff in this column
in coming days. Yuch!
woes: My contractor tells me glass and steel have gone up in price
tremendously in the past year -- about 40%. No one seems to know why.
Creek Load Warrior bags are my favorite: If
you wear suits, you might prefer the traditional hard cases. But these wheeled
duffels (as they're called) are super, for four reasons:
They're light -- 40% lighter than a hard case.
2. They fit an amazing amount of stuff in.
3. They have a laundry chute pocket -- keeps the dirty stuff from the clean.
The 30" one has a separate shoe compartment.
4. They come in three sizes -- 22" (for carry-on), 25" and 30"
(which my wife and I use for traveling).
Eagle Creek Load Warrior comes in three colors, black, tomato and tree frog
(green, i.e. this one). There's more on Eagle
Creek's web site.
Voice Local Search. Calling 411 or 555-1212
now costs more than an arm and a leg. Here's a new free alternative:
Google Voice Local
Search is Googles experimental service to make local-business search accessible
over the phone. To try this service, just dial 1-800-GOOG-411 (1-800-466-4411)
from any phone. Using this service, you can:
+ search for
a local business by name or category. You can say "Giovanni's Pizzeria"
or just "pizza".
+ get connected
to the business, free of charge.
+ get the details
by SMS if youre using a mobile phone. Just say "text message".
And it's free.
Google doesnt charge you a thing for the call or for connecting you to
the business. Regular phone charges may apply, based on your telephone service
provider. Google Voice Local Search is still in its experimental stage. It may
not be available at all times and may not work for all users. Were fine-tuning
the service to get better at recognizing your requests. Its currently
only available in English, in the US, for US business listings.
perils of antioxidant supplements. From a magazine
called Patient Care -- primary care topics in gastroenterology.
primary care clinicians have patients convinced that supplements of various
sorts can boost immunity and prevent disease. Antioxidants like beta carotene,
vitamin A, vitamin C, vitamin E, and seleniumsingly and in combinationare
particularly popular, consumed by those who think these compounds can counter
the oxidative stress they have been told is associated with GI cancer and
other human ills. Unfortunately, a large-scale meta-analysis of published
randomized trials challenges these supposed benefits. Antioxidant supplements,
the analysis demonstrates, not only fail to protect users, they actually increase
analysis included 68 randomized trials with 232,606 participants; trials were
stratified according to risk of bias. Trials classified as low-bias risk were
of high methodologic quality. When the data from all low- and high-risk trials
were pooled, consumption of synthetic antioxidants had no significant effect
on mortality. These supplements seemed to be neither protective nor dangerous.
when the 47 trials the investigators classified as low-bias were analyzed,
beta carotene, vitamin A, and vitamin Eused singly or in combinationsignificantly
increased mortality. Vitamin C and selenium appeared to have no significant
effect on mortality, but the authors say further research is needed for a
definitive conclusion. The authors are unable to point to any specific biochemical
mechanisms to account for these detrimental effects, nor were they able to
determine the cause of the increased mortality.
that 10% to 20% of the adult population of North America and Europe may consume
these supplements, a circumstance the authors attribute to intensive marketing,
the public health implications of the analysis are substantial. A final caution
is in order, however. These results apply only to the synthetic antioxidants
consumers find on the shelves of drug and health food stores. The findings
should not be applied to the potential health benefits of fruits and vegetables
that are high in antioxidants.
Bjelakovic G, Nikolova D, Gluud LL, et al. Mortality in randomized trials
of antioxidant supplements for primary and secondary prevention: systematic
review and meta-analysis. JAMA. 2007;297:842-857.
explained, finally: From a reader: The reason
the Lord could create the universe in six days was that he did it himself and
did not use a contractor. If he had used a contractor, after three days he would
have asked, "Where are my stars?", and the contractor would have said
"The electricians are on strike" And he would have asked, "Where
are my mountains?" And the earthmovers would have answered, "Their
truck needed new brakes." etc.
Open Tennis TV Schedule: Plenty of tennis to
watch. There's a six hour time difference to EST and nine hours to PST. Tennis
is basically on three channels -- ESPN2, NBC and the Tennis Channel (455 on