Life is difficult. That’s how ‘The Road Less Travelled ‘ starts out and that is pretty much the whole story. I accepted the ‘Life is Difficult’ mantra in 2002. It just works for me. I never made it very far in that book but I never liked books. Today, if someone asks me how I …
From: December 2009
My Decade…Economically Speaking
Paul Krugman of the New York Times is calling this economic decade ‘The Big Zero ‘. It was a decade in which nothing good happened, and none of the optimistic things we were supposed to believe turned out to be true. Paul and I smoke insanely different tobacco. As an entrepreneur that has managed a …
'Too Slick to Succeed?'…Not In America Baby!
Ponzi schemes are at all-time highs according to the Associated Press . Ponzi schemes, named for infamous swindler Charles Ponzi, are extremely simple: Investors attracted by promises of high profits are paid with money from an ever-increasing pool of new investors, with the scammer skimming off the top. Sometimes the investments are at least partially …
Overheard on StockTwits: $AMZN and $AAPL Win, $T FAIL
Each day we dive into the StockTwits stream and pull out the morning pearls of wisdom. Here’s what we found today:
The Top 100 Ticker Symbols of 2009 on Stocktwits
Data, data, data…that’s the drumroll of the new web. Soren has been hard at work behind the scenes at Stocktwits, looking at the data, organizing it and thinking of different ways to display it. We all want tomorrow’s page one news today, and the confidence to make the appropriate trade/investment on the information. I am …
The Year 2010…The 10 is for Page 10
Everyone is out with their predictions for 2010 $twentyten and as usual, mine are just to assume most trends will continue. I like Amazon, Apple, Gold and Google because that is where the money is flowing. The right web, mobile, software and weapon stocks will also make you money. I never own airlines, even though …
To Think….We Used to Smoke on Airplanes
It seems like yesterday that my dad would get all hopped out about being in the last row before the smoking section, something many parents used to have to freak out about. In 1980 on my first trip to Israel, I could not wait to sit in the smoking section for 13 hours to be …
Ally Bank…Smart, But Too Slick.
I want a new bank system and fresh ideas and at first glance ALLY could be offering it. It is impossible to have missed their web advertising campaign. They are relentless and are pitching a simple campaign. Amazing that all they have to pitch is a 1.5 percentage point percentage rate and show freaked out …
The Everyday IS Christmas Portfolio – Long Amazon (AMZN), Apple (AAPL) and Gold (GLD)…Short US Government (Church)
No need for a long blog post, just look around today and you will see the trade and trend that will persist in 2010. Have a fantastic Christmas and let’s get back to work this weekend.
When I was a Kid…
Our Grandparents had TWO World Wars and a depression. You had to walk 7 miles through snowstorms to buy a BOOK. My generation has Alan Greenspan, Tim Geithner, Goldman Sachs and Capital One. Luckily we have Twitter, wicked Weapons, and Prisons. I know I am lucky and try not to complain. If I do, I …