I just received my annual TCP-1 letter from LLNS and a summary of the LLNS Pension Plan. Looked in pretty good shape in 2013. About 35% overfunded (funding target attainment percentage = 134.92%). This was a decrease from 2012 where it was 51% overfunded (funding target attainment percentage = 151.59%). They did note that the 2012 change in the law on how liabilities are calculated using interest rates improved the plan's position. Without the change the funding target attainment percentages would have been 118% (2012) and 105% (2013). 2013 assets = $2,057,866,902 2013 liabilities = $1,525,162,784 vs 2012 assets = $1,844,924,947 2012 liabilities = $1,217,043,150 It was also noted that a slightly different calculation method ("fair market value") designed to show a clearer picture of the plan' status as December 31, 2013 had; Assets = $2,403,098,433 Liabilities = $2,068,984,256 Funding ratio = 116.15% Its a closed plan with 3,781 participants. Of that number, 3,151 wer...
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You can make money by hype by something that works, or by fraud.
I leave it to reader to watch the video and decide if they want to make money or not off this.
Hey if you had to sell your bitcoin in the last two weeks, you might as well invest in something that make some money.
So can they make a laser 1000 times bigger than NIF? I am not sure but maybe the will hire a bunch of former NIF employees to make it work. Just by cutting out Bechtel and the government I would guess you get you automatically bet 10-100 increase. A 10^3 well that could be stretch... but who would you you pick, will NIF or some private company provide fusion energy to the bay area first?
After the quantum computing hype, AI hype...I suppose fusion hype is just as legit as far as bs hype goes. I no longer care if this works as long as I can make profit off this. So yes, use fusion lasers to make free energy for AI centers that run quantum computers that can hack into your AI generated pod.. sounds like money go me.
Ok, lets be serious
500 million sounds like a lot but at LLNL/LANL the overhead rates that would mean about 140million for actual research. Maybe with private company that would 350 million so maybe you could make dent in actual results.
Hmmm...let me look at what can be moved in my portfolio.