Liberty

Q2: http://www.globenewswire.com/news-release/2013/08/09/565851/10044370/en/Ebix-Announces-Second-Quarter-2013-Results.html Conference call at 11 AM.

http://ben-evans.com/benedictevans/2013/8/8/amazons-profits

I'm not expert on this, but I think it's just the complexity of the manufacturing. Kind of like making a CPU. The raw materials aren't expensive, but the R&D you need to do first and then the big fab that you need to build with advanced machinery makes it expensive. The good news is that today's complex manufacturing is tomorrow's commodity process. Making a CD was probably a complex manufacturing process in the 1970s or whatever, but now they're dirt cheap (well, we've moved to DVDs and blu-rays, but even those are pretty cheap).

Model S has a lot more interior space than it might seem because of the two trunks (front and back) and flat floor, but even if you're talking about exterior size, there's definitely room for a smaller car that is closer in size to a BMW 3. Lithium supply should be able to ramp up with demand. I think the salt flats of Bolivia alone hav enough of the stuff to supply the world, and lithium isn't too rare and can be recycled out of old batteries (it's not destroyed by use, unlike oil and gas)..

The cost per kWh is not fixed, it's going down every year. A smaller/lighter car also needs a smaller battery to have the same driving range.

I haven't seen DP spot prices lately, but cotton prices seem to be getting a big stronger: http://www.indexmundi.com/commodities/?commodity=cotton&months=12 https://www.google.ca/finance?chdnp=0&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1375992000000&chddm=97750&chls=IntervalBasedLine&q=NYSEARCA:BAL&ntsp=0&ei=GaADUqm5LsarqAGbIw I think reaction to the quarter could go either way. Will Mr. Market focus on the big Dresden gain? Or will it only see what is sure to be another ugly operational quarter at Thurso? Will we start to get some news about what they want to do with LSQ? The swiss franc has risen a bit vs the Euro, which should help Landquart a bit. With some luck they'll be in the black or close, which would be a nice change. Debentures are back to 75 (up 5.12%).

Thank you.

http://files.shareholder.com/downloads/ABEA-4CW8X0/2145371887x0x682962/f9e27702-90ed-4516-a16e-dc720c411089/Q2%2713%20Tesla%20Motors%20Shareholder%20Letter.pdf Up 14+% after hours.

I finished it a few days ago. Quite an excellent book, makes me wish there would be a sequel or updated version that covered what Malone did since the book was published.

Live Nation Q2: http://phx.corporate-ir.net/phoenix.zhtml?c=194146&p=irol-newsArticle&ID=1845295&highlight=#.UgJO5GQnzd4

http://www.bloomberg.com/news/2013-08-07/bofa-put-toxic-debt-in-bond-as-staff-resisted-u-s-says.html BofA Put Toxic Debt in Bond as Staff Resisted, U.S. Says

Sorry, my bad :)

http://www.economist.com/news/business/21580458-worlds-overcapacity-steelmaking-getting-worse-and-profits-are-evaporating-inferno Overview of steel industry. Note, article is a month old.

http://www.economist.com/news/business/21580458-worlds-overcapacity-steelmaking-getting-worse-and-profits-are-evaporating-inferno Overview of steel industry. Note, article is a month old.

AFAIK, they are supply limited right now. Selling everything they make with a waiting list, and just starting to deliver cars in Europe.

Talk about volatility. The way things are going it could close the day flat. Or even weirder.. in positive territory. ???

The Rennes Foundation and the Raina Foundation aren't the same thing.

340m market cap. That 100m buyback program will sure go a long way if this all turns out to be BS or minor..

Well, that should make for an interesting conference call on August 9...

LMCA Q2: http://files.shareholder.com/downloads/ABEA-4CW8ZW/2591106549x0x682257/86e4cc84-93c6-4622-a948-6d7a7229bc14/LMCA_News_2013_8_6_General_Releases.pdf LMCA CC is at 12:15 PM today. Charter Q2: http://phx.corporate-ir.net/phoenix.zhtml?c=112298&p=irol-newsArticle&ID=1844970&highlight= CHTR conference call is at 10 AM today.

Fixed that for ya! ;D If you are into short-lived well-written series, check out Freaks and Geeks ;)

Glad you like it. Like most series, it takes maybe 3-4 episode to reach cruising speed (time to introduce characters, settings, etc), so if you like it from the start, it should only improve for you as it progresses. I agree about quality TV. I've almost stopped watching movies for my "looking at a screen" entertainment. If you're looking for more quality TV, check out the first two seasons of Justified (for some reason the quality of the writing goes down a lot in season 3, and I stopped watching around the 5th episode in that season). Similar thing happened with Dexter; the first two seasons were excellent (possibly because based on the original book), and after that the tone changes and writing quality goes downhill. My trinity for quality TV is probably The Wire -- The Sopranos -- Six Feet Under, with Firefly somewhere on the side for sheer enjoyment (but with only 1 season, sadly).

"Cox Communications President Pat Esser threw cold water on a report saying the No. 3 U.S. cable operator has held talks over merging with Charter Communications (CHTR), according to a person familiar with the matter. Esser is said to have told employees in an internal memo he has had no conversations with Charter or a key shareholder over a potential tie-up." http://www.foxbusiness.com/industries/2013/08/05/cox-president-said-to-dismiss-report-on-charter-merger-talks/ Guess that's why Charter is dropping.

http://www.nytimes.com/2013/08/05/business/workers-of-amazon-divergent.html European labor issues.

The way I'm seeing this, you get a reduction of viscose supply but demand stays the same, so ceteris paribus this should be good for viscose prices, and thus good for dissolving pulp prices. As long as FTP isn't getting its orders cut, that should be good for the company (though what effect it'll have on viscose/DP prices we'll have to see -- it could be very marginal). Is this how others see it? Am I missing something?