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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (41761)3/15/2011 11:46:24 AM
From: Jurgis Bekepuris  Read Replies (3) of 78567
 
OT - nuclear

IMHO, it is very sad that most of the world will have knee-jerk reaction to nuclear problems in Japan and stop investing in nuclear energy or decommission existing nuclear plants. Nuclear energy is IMHO almost the only viable solution to deal with peak oil crisis, however, it requires long lead time and this is being squandered again and again. The fear is just too high even though percentage/fatality-wise it is totally irrational. But then we do not live on Vulcan. :( I liked Turkish PM who said that they won't stop Russian nuclear power plant construction since everything including gas pipelines have risk. But he's probably the only one who will take such stand. China may also continue (for all the good and bad: Message 27235910 )

I was totally opposed to Lithuanian nuclear power plant closure, not that it mattered. :(

On topic: I am buying EGY, AFL, MHR-C, UFTP. No Japan equities yet, will have to spend some time looking at them in the evening. Maybe I'll just buy EWJ at some point. 20% down from here if it reaches that level?
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