For the first time in three days, the turbines are turning. This is not due to lack of wind–it has been windy. Quite windy in fact. Perhaps the turbines tripped out and no one noticed. After all, even if not a single turbine is turning, people still have power. It’s not like the turbines are in any way whatsoever essential to people having lights, television and clothes dryers.
It’s often said we need an energy mix and wind is part of the mix. I’m sure investors also told people they needed a good portfolio mix and Bernie Madoff’s firm should be part of the mix…….