Tuesday, July 1, 2008

Wildlife adventure details coming in.

I've now decided on a destination -- I'll be heading to Grand Teton National Park, about 10 miles south of Yellowstone. California is apparently still on fire, and that makes it difficult to get the pictures I'm seeking (unless I want pictures of smoke, smog, and haze). I did a little research on the Greater Yellowstone Ecosystem (GYE) and it turns out that this is apparently the greatest mammalian habitat in the Earth's temperate zone. Since I'm trying to live with wildlife for a week or two, I suppose this would probably be a good place to do it.

I'm leaving on Monday, July 14th. I'll probably drive to Colorado Springs the first day (17 hour drive) and sleep for the night, then continue on to the park the next day (10 hour drive). I can spend anywhere from one to 18 days on this trip before we head to Alaska (more on that soon) so I just need to work out the plans and see if anyone else can come with me.

The 14th will kick off another six weeks of intense traveling to dozens of new locations.

I have to give out a big thanks to major investment banks and (especially) the bond insurers for lying to the American public for six years. Without their insolence, these trips would not be possible. I'm still heavily short Lehman Brothers (LEH) and MBIA (MBI). I'll have more on that later as well, but if you don't yet have a piece of the MBI action, start looking to borrow shares or buy puts while you can. I've owned puts on this company since the first day I got back to the developed world in October, 2007 and still do. The stock was at $35 then. It is $4.25 now. It is going to zero. I'm not sure when exactly, but if i had to guess, I'd expect them to be insolvent by January 2010. Incidentally, there happens to be $2.50 puts that expire in January 2010, but you'll pay a pretty penny for them now. They're trading for around $1.

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