Paul Kedrosky's Infectious Greed

According to new data, 2011 was the safest year in global commercial aviation history. Granted this had more to do with emerging markets than with the largest and oldest ones, but still noteworthy.

/via Economist

Sad to see but inevitable: ski resorts in the normally snowy U.S. west close, partially close, or run unsustainable gambits to coax skiers to scrape across rocks and ice.

• Mt Ashland, Oregon, closes (Source)
• Lake Tahoe’s Homewood resort closes mid-week (Source)
• Mammoth launches self-extending mid-winter pass tied to snow’s eventual arrival (Source)

• Bernie Taupin: What I've learned – http://t.co/IermnKnx #
• Seems optimistic, but … Top pro athletes thank God or their moms out of selectivity, not stupidity – http://t.co/yKTfzTvC #
• Number of Times the New Yahoo Boss Said He or She Was “Excited”: Bartz: One / Thompson: Four – http://t.co/TCW3ZJ5M #
• Yesterday I was in -21C temps; today it's +21C. The things a plane trip will do. #
• RT @weathermatrix: -53 F in Alaska today http://t.co/EznIBiuk #
• Study: Watching local news make you give up on life, or something like that http://t.co/46YfUWlI #
• Pico Iyer: The Joy of Quiet – http://t.co/ngEfIBWn #
• WSJ: 132-year-old Kodak is preparing a bankruptcy filing. http://t.co/QgrxeGAg #
• Hemingway-esque how fast and how slow the steady collapse of companies like Kodak has been: Slowly, and then all at once. #
• Sierra Nevada snow drought means Tioga Pass still not closed, setting new record for latest closure – http://t.co/SM01WlLd #
• Whoa, Formspring still exists. RT @sacca: Come on over here and ask me absolutely anything: http://t.co/9fNPoXRm #
• McKinsey on five energy technologies to watch: grid storage, digital power, windows, electrofuels & clean coal – https://t.co/Ek3w1a8b #
• Map of global water withdrawal / capita good but needs stocks & flows -http://www.fao.org/nr/water/aquastat/globalmaps/03_WDRL_CAP.pdf #
• I want 2011 back. RT @herbgreenberg: Coming up momentarily: LIVE FROM MY HOME via skype…only on Street Signs @CNBC #
• Why your mother always told you not to do low-altitude paragliding around roads – http://t.co/tq8JO6jR! #
• Here is ski resort desperation for you: A mid-winter pass that extends if snow doesn't fall – http://t.co/fqMyexzf #
• Wonkish, but Didier Sornette valuation paper on Zynga. tl;dr: Over-priced. http://t.co/8FWElrpt #
• QotD: You really don't need to wash clothes as often as you think. Stains come and go, they just wear off. http://t.co/WRyz1yKy #
• Beep. RT @bholly: @pkedrosky Your 50,000th tweet is coming up. Make it worthy of the milestone… No pressure. #
• Bookstaber: We are mistaking high resolution and portability for advancement of culture http://t.co/g4zJO66o #
• Cute new twitter account: @ShitAnalystsSay (and no, it's not me) #
• The @ShitAnalystsSay reminds me of old Mary Meeker question I captured during a long-ago quarterly call – http://t.co/7HEXRwmJ #
• Goalkeeper-to-goalkeeper goal in Everton/Bolton match. Remarkable. http://t.co/I800dxa3! /via @hblodget #
• In the pantheon of hopelessly dumb articles planted by self-serving VCs, this ranks very high – http://t.co/RnMzOprG #
• I want to read this, I really do, but I have this strong no-books-blurbed-by-George-Will policy. http://t.co/GVF4XN9v #
• JetSetter's 12 world travel destinations for 2012. Nice list, but Denver? http://t.co/3ZFGGfgQ #
• Latest auto sales data shows Lexus got smushed (technical term) in 2011 – http://t.co/BkYYEqrv #
• In @bloombergtv spots today with @tomkeene and @emilychangtv resp, I got to musing about zlotys/kroner as Scrabble sets & Swiss skaters. #
• For any curious about Swiss skater connection I made on @bloombergtv today, that was AOL & Yahoo as frick & frack – http://t.co/qbwWdjeB #
• Immense geekery alert: All 6-letter and longer words that can be made from zlotys/kroner currency combo – https://t.co/gRLXJOBI #
• Graphs of year-over-year snow differences in US west. Drought seems tepid. http://t.co/JxRLQQzE #

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• Bernie Taupin: What I've learned – http://t.co/IermnKnx #
• Seems optimistic, but … Top pro athletes thank God or their moms out of selectivity, not stupidity – http://t.co/yKTfzTvC #
• Number of Times the New Yahoo Boss Said He or She Was “Excited”: Bartz: One / Thompson: Four – http://t.co/TCW3ZJ5M #
• Yesterday I was in -21C temps; today it's +21C. The things a plane trip will do. #
• RT @weathermatrix: -53 F in Alaska today http://t.co/EznIBiuk #
• Study: Watching local news make you give up on life, or something like that http://t.co/46YfUWlI #
• Pico Iyer: The Joy of Quiet – http://t.co/ngEfIBWn #
• WSJ: 132-year-old Kodak is preparing a bankruptcy filing. http://t.co/QgrxeGAg #
• Hemingway-esque how fast and how slow the steady collapse of companies like Kodak has been: Slowly, and then all at once. #
• Sierra Nevada snow drought means Tioga Pass still not closed, setting new record for latest closure – http://t.co/SM01WlLd #
• Whoa, Formspring still exists. RT @sacca: Come on over here and ask me absolutely anything: http://t.co/9fNPoXRm #
• McKinsey on five energy technologies to watch: grid storage, digital power, windows, electrofuels & clean coal – https://t.co/Ek3w1a8b #
• Map of global water withdrawal / capita good but needs stocks & flows -http://www.fao.org/nr/water/aquastat/globalmaps/03_WDRL_CAP.pdf #
• I want 2011 back. RT @herbgreenberg: Coming up momentarily: LIVE FROM MY HOME via skype…only on Street Signs @CNBC #
• Why your mother always told you not to do low-altitude paragliding around roads – http://t.co/tq8JO6jR! #
• Here is ski resort desperation for you: A mid-winter pass that extends if snow doesn't fall – http://t.co/fqMyexzf #
• Wonkish, but Didier Sornette valuation paper on Zynga. tl;dr: Over-priced. http://t.co/8FWElrpt #
• QotD: You really don't need to wash clothes as often as you think. Stains come and go, they just wear off. http://t.co/WRyz1yKy #
• Beep. RT @bholly: @pkedrosky Your 50,000th tweet is coming up. Make it worthy of the milestone… No pressure. #
• Bookstaber: We are mistaking high resolution and portability for advancement of culture http://t.co/g4zJO66o #
• Cute new twitter account: @ShitAnalystsSay (and no, it's not me) #
• The @ShitAnalystsSay reminds me of old Mary Meeker question I captured during a long-ago quarterly call – http://t.co/7HEXRwmJ #
• Goalkeeper-to-goalkeeper goal in Everton/Bolton match. Remarkable. http://t.co/I800dxa3! /via @hblodget #
• In the pantheon of hopelessly dumb articles planted by self-serving VCs, this ranks very high – http://t.co/RnMzOprG #
• I want to read this, I really do, but I have this strong no-books-blurbed-by-George-Will policy. http://t.co/GVF4XN9v #
• JetSetter's 12 world travel destinations for 2012. Nice list, but Denver? http://t.co/3ZFGGfgQ #
• Latest auto sales data shows Lexus got smushed (technical term) in 2011 – http://t.co/BkYYEqrv #
• In @bloombergtv spots today with @tomkeene and @emilychangtv resp, I got to musing about zlotys/kroner as Scrabble sets & Swiss skaters. #
• For any curious about Swiss skater connection I made on @bloombergtv today, that was AOL & Yahoo as frick & frack – http://t.co/qbwWdjeB #
• Immense geekery alert: All 6-letter and longer words that can be made from zlotys/kroner currency combo – https://t.co/gRLXJOBI #
• Graphs of year-over-year snow differences in US west. Drought seems tepid. http://t.co/JxRLQQzE #

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How the mighty tech sector has risen, and fallen. This from JP Morgan’s latest report from CIO Michael Cembalest:

Insane Risks Motor race – Isle of Man TT – YouTube.

Back from nearly a month of travel, so, a travel note:

… those who part with $2,285 a night to stay in a cliff-top room at the Post Ranch Inn in Big Sur pay partly for the privilege of not having a TV in their rooms; the future of travel, I’m reliably told, lies in “black-hole resorts,” which charge high prices precisely because you can’t get online in their rooms.

The Joy of Quiet – NYTimes.com.

• Orthopaedic surgeons: as strong as an ox and almost twice as clever? Multicentre prospective comparative study http://t.co/VBSGMgsw #
• Cheaters in the Steam Community Gaming Social Network. (arXiv:1112.4915v1 [cs.SI]) http://t.co/V4FH7YrH #
• Mastodons, rabid raccoons and the nature hole in Central Park (video) http://t.co/lkfxCGlE #

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• Video: A very Santa Jackson Hole story http://t.co/5UJDlemV #
• NPR Music's 100 favorite songs of 2011 http://t.co/N8wkZTWt #
• "[W]as anyone ever so young? I am here to tell you that someone was." – Joan Didion, "Goodbye to All That" #
• Smart Guide to 2012: The networks that run the world http://t.co/LXgvLECi #
• Sport Utility Vehicles: An Endangered Species? http://t.co/MjeizSMg #

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• Video: A very Santa Jackson Hole story http://t.co/5UJDlemV #
• NPR Music's 100 favorite songs of 2011 http://t.co/N8wkZTWt #
• "[W]as anyone ever so young? I am here to tell you that someone was." – Joan Didion, "Goodbye to All That" #
• Smart Guide to 2012: The networks that run the world http://t.co/LXgvLECi #
• Sport Utility Vehicles: An Endangered Species? http://t.co/MjeizSMg #

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