-- The fiscal cliff will not be resolved before Dec. 31. At most, there is higher probability that they will get to some short-term measure, which will push the discussions into the next year.
-- His big investment ideas for next year: marine transportation, which will bottom out, and the shipping industry which will become a very interesting play.
-- He also sees shale gas as an opportunity to play out very well in 2013
Credit and Source: Bloomberg
Here is the video: