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November 2011
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11/18/11
Watch-outs. 31. Business impact on technology, Overlooked Hazops, and Surviving spouse investment concerns
Filed under: Mature professionals, Legal matters, Observ. Trends
Posted by: site admin @ 2:21 pm

‘RARE EARTH METALS’ INVESTMENT
SOURCE:  Bloomberg Business 10-31-11, p. 80-5.
D. Grushkin, “The Billion dollar mountain.”
Those who remember undergraduate inorganic
chemistry realize that rare earth elements occur
in a number of locations in the earth.  So they
are not “rare”.  Market forces changed the nature
of the supply in the late-20th century, but did not
influence their application in various electronic,
electrochromic and magnetic inventions and
innovations.  Bloomberg Business carried a
story of the Bakan Mountain investment in PEI,
Canada that stirred my interest due to the
stranglehold China had achieved.  It reveals the
long term capital investment that many technical
fields require.

DUPONT WV ‘ACCIDENT INVESTIGATION’
REPORT
SOURCE:  C&ENews, Letters11-4-11,  p. 2
D. H. Borhani
History does not repeat itself, historians repeat
each other.  Meanwhile. the lessons of previous
accidents, while meaningfully studied, tragically
fall on “deaf ears.”  The Letter author underscores
the importance of HAZOPS in all of our chemical
operations.  I would have expected much better
from a DuPont facility in handling phosgene and
MIC methyl isocyanate.
Should HAZOPS be required work in our graduate
research laboratories?  Should we need to push for
formal university training in this important area?

‘SURVIVING SPOUSE’ INVESTMENT
SHORTFALLS
SOURCE:  K. Greene, WSJ 11-12-11, p. B8.
Survivors’ Biggest Mistakes
When a person’s spouse dies and the survivor
has to pick up the pieces, it is getting trickier
and trickier even when things are well planned.
What applies for those younger than 59 is different
from those 62 - 70, and those older than 71.
In addition, there are differences in investors’
risk tolerance and legal preferences.  The article
lays the topics out nicely so that one can
assess important questions for each reader’s
circumstance. 

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