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This is another great #Podcast for the @Stock Picking Discussion forum. The detail I caught in the story making it worth mentioning is one that might go past people who don't think about #Finance. It won't take you long to listen to this show, but here's the...
spoiler/rant alert:
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The Financial Industry wanders from one type of thing to another with their big-money the way a grain farmer goes out to reap the crops, except the financial industry doesn't plant the crops, it just kills the farmer and takes the crops. The pattern is the money-hawks will look for where the middle-class stores or spends their cash, then they plot the attack, and you'll see them swoop in to monopolize things, pervert #Free #Market #Capitalism so that you're "over a barrel", then they will take it all till the middle-class is on the edge of becoming lower-class again. Based on the podcast, notice the way there was no death-business, then there was a business contrived for it, then the Wall Street types noticed it, swooped in and started making people pay for their hole in the ground decades ahead of time so they could get rich by investing your promise to be buried in the dirt. Right now they are doing schemes with #Residential #Housing and other #RealEstate a little different than they did earlier this decade. In the last decades, they were raiding retirement funds; even the Mafia made good on pensions. In the '80s & '90s, it was churn & burn the accounts because the youth of the day didn't believe their grandparents' stories of how Stock Brokers screwed them in the '20s & '30s. Almost every generation has had untold wealth extracted from its masses and funneled into the accounts of these industry giants and some to their minions.

The main point of all this is to beware of what the owners of & workers on #WallStreet decide to make a run at. You don't have to get #Screwed by them. Innoculate yourself. If you know they are trying to do it (hint: they always are), and what they are trying to do it with, you're well on your way to preventing them from getting over on you. Your common sense will do most of the rest.

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I have an important #Podcast for the @Stock Picking Discussion forum. You can listen to the whole #Marketplace show, but my focus is on the story about using CO2 as a building block for normal products that we would build with petroleum products. The link at the bottom gets you to the whole show, the embedded player above it has just the part about #CarbonNeutral #Environmental #Innovation.

This is important for #Stock picking because of how new the news is. When it's on a news channel listened to by a smaller but technically refined audience, theirs still a lot of excess profit available in the stock price. It's there because there's #Risk associated with it. It might be that it doesn't work out, or it's before its time, or it's a fabrication without any basis in science. You don't get excess profit without managing risk. The trick is to find a trusted expert to investigate the validity of their claims or do the research yourself to find out if the idea is real and valid. If you hear about something like this on the #Mainstream #Media, we've gon past excess profits and into the overpriced territory; suckers rush in to buy it and find the price falling in the near future. Over the long term, a great company with a great innovation has a lot more growing to do so #BuyAndHold is the right #Strategy.

Instinctively we can all see that a #CarbonNeutral process/technology is extremely valuable at this point in history. If it's real we should rush to buy into the company(s) (Leigh Taylor of Econic Technologies & Carbon-8).

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British business seeks to cash in on carbon

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I spend a lot of time thinking about alternatives to #Banking. I'm not really sure how I feel about this story yet. I first heard about it in the last few minutes of the FT #Podcast called #BankingWeekly.

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It appears that the Lendy company had been scaling operations up significantly since about January of 2016. Financially, they looked honorable. Theoretically, they seemed as feasible as ride-sharing services. They knew people with money, and people that needed money, so they were a glorified dating service that matched up people with capital to enterprising people. What could go wrong?

Lendy’s overdue loans hit 68% of book as FCA monitors £8m lawsuit

Two thirds of active loans issued by Lendy are now overdue while the peer-to-peer lender has also resorted to asking the Financial Conduct Authority (FCA) for help in a multi-million-pound contract dispute with a borrower.

I can't help but prejudge this by thinking that they took the higher risk type enterprises that banks wouldn't—probably for damn good reasons—and with that higher risk, they didn't secure methods and plans to negotiate fair, reasonable, and equitable repayment of such risky endeavors. I sincerely hope they get their endeavor straightened out because alternatives to centralized banking are important in an egalitarian world.