Do you know how to average down? Ever given averaging down some serious thought? Cramer says that you should average down in 4 buys. Is that right? How about 10 times? What about twice? Which is better? I hate when people say, oh 4 times is a good number because somebody said it was. So let's...
Read More →That clever dude Ugly is at it again. With the Zimbabwean dollar reaching a record exchange rate of around $20 Million Zimbabwe Dollars per $1 US Dollar, Ugly has decided to repurpose a web classic by launching the Million Zimbabwean Dollar Homepage. I used it to launch an ad for my newly created...
Read More →Yes I know prices for commodities are up, and yes there is growing demand. Yes the bakers are going to demand things from their government. But in the face of all this I don't buy the commodity rally. Here's why. My father-in-law is a potato farmer, his father was a farmer as well, and I had a long...
Read More →Yes folks you read that right I have become a bull, but in bear's clothing mind you. On May 18, I became a Bear in Bull's Clothing. On July 13, 2007 I said that the market had reached its high water mark. And on December 3, 2007 I became a bear. I am very optimistic, even though I should not be. I...
Read More →I like GPS, even wrote a block entry about it. So the question is why did the share value drop faster than gravity on Jupiter? Answer is that it baffles even the CEO of the TomTom. Ok so what gives is it justified? No! Let me explain a bit more about GPS, and this is what I think the market is...
Read More →You need to listen to the following video, and listen to the following words: Tech is Poison, and Short Nokia, and Short Garmin. GPS business is done. Jim, let me show you something: > TomTom will zusammen mit Vodafone seinen Verkehrsdienst High Definition Traffic auch in Deutschland anbieten. Der...
Read More →Disclosure: I hold positions in Credit Suisse, and am extremely bullish. I like Credit Suisse because unlike its competitors they have stayed away from much of the sub-prime crisis. Though I am worried about what Credit Suisse has just announced. > Credit Suisse has written $2.85 billion off the...
Read More →Tim Sykes has this habit of making fun of value investors (2). > So, value investors, listen up; you’re all a bunch of little sissy girls! You’ve become spoiled with the assets you manage, your mainstream credibility and the money you earn. I respect your strategy, but understand this: > > I’m...
Read More →This train wreck is going to be interesting. Jerry just sent out the following email. Here is part of what he says. > we believe microsoft's proposal substantially undervalues yahoo!—including our highly recognizable global brand, large worldwide audience, significant recent investments in...
Read More →Well it looks like Yahoo is talking to AOL. > It is understood that Yahoo! and its team of advisers from Goldman Sachs and Lehman Brothers, the US investment banks, have spent the past week evaluating possible tie-ups with media and technology firms that would save it from being swallowed by...
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