People recall the beginning of the Iraq War in the Spring of 2003 in many ways but few at the time thought of it as the bullish sign post it turned out to be. Essentially the SP500 doubled from the start of the war to the peak 5.5 years later. That’s the way it…
My pal Eric Jackson wrote a sharp piece comparing Facebook & Twitter over @ Forbes. Eric has been negative $FB since before it was in and right as Spring rain about it. Most recently, Eric riffs on how Twitter is already bigger than $FB and he focuses on mobile ad revenue and Twitter being the…
Well, I can tell you unequivocally, a tulip bulb is worth whatever a buyer is willing to pay. I bring it up this morning as I’ve tweaked the layout of this blog and added the tag line in the header: 8 Fat Swine, 12 Fat Sheep, 2 Hogsheads of wine… This comes from a…
For years, I have been tracking sentiment volatility or reactivity. I use the term reactivity because I am really just observing how extreme the emotional reaction is when the market corrects or changes trend. If the market mood doesnt really change much when the market corrects, I call this low reactivity. When the mood…
I love $YHOO, the Mayer hire, am long the stock and believe they have a humongous opportunity right here right now to more efficiently monetize their properties, traffic and brand. That said, I hope and am guessing that Marissa Mayer’s big blueprint presentation will include definitive comments around improving user experience. These kinds of…
Let be be finale of seem. The only emperor is the emperor of ice cream – Wallace Stevens The “the Fed is panicking” meme is blossoming this AM off yesterday’s open ended QE announcement. My sense is that those espousing and supporting the meme are, themselves, panicking and projecting such acute anxiety upon the threatening…