The major rally underway is now upside crash. It is glorious. It is gathering steam, not slowing down. There is insane fuel provided by global liquidity, a weak dollar, tired sellers and now buyers scared of missing out. I have no idea when these events end, but based on the four trends above…never seems possible …
From: October 2009
Bank of America – F#@k You, Eat S*#t, Die…REPEAT!
I am a tad perurbed. It seems Max will be broke in 14 months… You see, he has a SAVINGS account at Bank of America. Here is his first statement . We have been trying to teach our kids a little bit about savings and budgeting. We have saving and investing accounts for them, but …
The Science of Web Traffic…You Better Add it to your Arsenal
Web sites are a commodity. Despite everyone being on the web, traffic that matters is scarce. I have learned how to do most of the basic blocking and tackling of building web businesses, but it’s time for me to push my comfort zone of knowledge and expand my horizons. You should be reading up on …
Bloomberg is Toast…NOT!
It’s a pretty quiet giant that Bloomberg. Today, Stephen Baker of Business Week (Bloomberg), said that Bloomberg does not get the internet and their terminal business was dead . Welcome to 11 percent uneployment plus one Stephen Baker! I would wager that if anything…Bloomberg gets GIANTer and I would love to be as dead as …
Deep Economic Thoughts…The Four F's – Friction, Flexibility, Frustration and Fear
I did not watch television today, but can guarantee you that CNBC was cheerleading Dow 10,000. I know they were cheerleading 10,000 in 1998 as well…I was watching back then. I feel that we are at a major inflection point. Stock prices point one way and every instinct I have says liquidate everything and buy …
The Armchair Entrepreneur…
I am not sure if it is harder or easier today to run a start-up? Fifty years ago, if you were had a $1 billion market capitalization, you had 5,000 employees. Now you need 50. It makes sense that those 4,500 forced to look in should be able to bitch and moan and offer suggestions. …
Deep Market Thoughts…Goldman Sachs Upgrades Banks and I Downgrade SEC, Obama, Geithner, Barney Frank…
While the Goldman Sachs hate continues we should be ashamed of our leaders for not making the most basic of fixes to our financial system. Goldman and it’s greedy, smart, connected leaders are not the problem. The system in place is broken. To make financial capitalism and democracy work again, we first need TRUST. It’s …
Evil is the Buzzword in Corporate America…BUT…Maybe we are Just DUMB!
Does it pay to be evil? Are we paying the price for just being dumb? Plato said that there are relatively few ways to do good, but there are countless ways to do evil. Plato rocks. Wikipedia has some really good discussion topics on evil , but they are evil according to Britannica, so must …
Deep Market Thoughts…The 'FOUR TELLS'…Interest Rates, US Dollar, Goldman Sachs and Apple
The market is just trending. When it’s trending you can’t think. When it’s trending you just want to own the strongest stocks. Right now most are from China and while you can’t make sense of it as you can’t touch and feel their products everyday, it’s just the way it is. I own a few …
Facebook Has a Happy Index so Stocktwits Launches A How F*#@ked We Are Index
Facebook has created a Happiness Index and I am giddy. Now I know without a doubt the two saddest days of the last year on Facebook were the days Heath Ledger and Michael Jackson died. Over on Stocktwits, the most rewteeted post of the day was from The Daily Reckoning: ‘Welcome to Zombieland – If …