So, trying to buy a license to convert a trial of OneNote (very handy MSFT program) into the real deal. [more]
A broken, lawless desert, tens of thousands of dead, and over here, some sad, political theater. (Any guesses on what a trillion bucks worth of investing in meaningful domestic infrastructure might have yielded the U.S. economy?) [more]
Want to know why people have no idea what's going on? One guess is it's because they news they watch is so poorly informed. An example. Today, I was sitting for a live TV interview on housing. The news channel (which shall remain nameless, lest someone get offended and I get harshed on for writing this up...) had me talking to a producer. They were going to start things off with this lead-in: Today, the National Association of Realtors reported its worst earnings in over five years. [more]
"there is no bubble." [more]
No surprise here. The NAR would like people who don't build their homes on sandbars in hurricane zones to subsidize the overpriced real estate owned by those who do. Anything to try and pump up home sales again, I guess. [more]
Gotta be this semi-literate, pretentious drivel from the founder of Street Fave lululemon. [more]
This week's dumbest, most sensational bit of self-serving, blame-deflecting blather comes from a failed immature trader trying to work his predictable blowup into a media career. (Failure only sells on Reality TV, Timmy.) [more]
As the cow's ass, barely visible in the hazy distance, dips below the horizon.
Full story here.
in the U.S.A.
Just get corporations to spy on citizens, then give them blanket immunity from any kind of oversight or judicial challenge. The Stasi would be proud.
Awww. The poor hedge fund managers.... They're depressed (“It has been a very challenging period for these people,” said Jonathan F. Katz, a psychologist who works with large hedge funds. “I have seen people shaken, their confidence eroded. They are upset and depressed.” ) and unable to spend their hard-earned millions. [more]
No surprise here. These people have no shame. [more]
Folks, we have our irrational exuberance. I've been selling plenty of stocks lately, basically anything that is trading for what I consider fair value. Here's the catch: I only sell the ones for which I'm confident I can compute a decent fair value. As such, even expensive-looking growers are still in. When I can't figure out how much excess success a company with room to run has left in it, I keep it. More predictable cash-flow beasts, if trading at my FV estimate, are getting cut loose. [more]
You'd LOVE to see the ***tstorm that would erupt if the Fed kept rates at the same level. It would be worth it just to see Cramer's bald head fall off.
Hot-headed investors make better decisions: study [more]
Think housing bubble's minor? Think that retailers catering to middle-agers (Chico's, etc.) are insulated? Maybe we all ought to think again. [more]
For the first time in many months, tried to use the wireless transfer, "squirt" feature on the Zunes. Tried to send a playlist from the wife's to mine. Results: ony 29 of 41 went, the others wouldn't go due to some kind of licensing BS. Oh, and the playlist itself didn't go, just the songs. [more]
You may want to review this story of how Putin is planning to rig the upcoming elections. [more]
Mr. Rosenman described the deal in a pitch letter he provided to prospective investors for Source Financing Investors, which he launched in 2005. The investment pool would "lend to U.S. private label designers that needed interim financing to fill orders for a select group of well-known, high-end U.S. apparel retailers." Since 2001, he writes, "the return of these short-term (typically 4½ months) loans has been no less than 40%." [more]
So much for the wifi disaster on the Zune. Apple (copying Sandisk) makes WiFi direct buys available on new iPods. [more]
Read news of the shocking domino effect here.