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Yesterday at TechCrunch Disrupt, Mike Arrington asked LinkedIn founder and CEO Reid Hoffman what he would do if he were $YHOO CEO. Here’s a snippet: And so, I think part of where Yahoo has not developed as much as it can, because I think it has, great assets, is, taking key things, Mail, Messenger,…
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This is a great clip of The Nightly Business Report from October 19, 1987 (Black Monday) when the Dow Jones Industrial Average ($DIA) dropped 22%. Its so well done and funny at the same time… Some highlights… – Neil Cavuto (1:57 in) hustling the man on the street interviews in the financial district doing…
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This is not a post about what happened 10 years ago today – far safer to lament the past. It is not a post about remembering friends or where we were and what we were doing – you will have enough of this elsewhere. It is not a post about what has happened since…
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Guys like A Random Walk Down Wall Street author Burton Malkiel will always disparage chart reading. He writes: Technical analysis is anathema to the academic world. We love to pick on it. And while it may seem a bit unfair to pick on such a sorry target, just remember: it is your money we…
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This is a long term trade and I am detailing it earlier on than I did the gold trade I chronicled on StockTwits for years and wrote a postmortem on here. My thesis is one of extreme value of a set of assets that have been mismanaged for many years and trying to get…
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Yeah, watching it back just now I surprised myself a bit that I mentioned Dennis Crowley for CEO of Yahoo! ($YHOO) But then again, why not? First of all, he is awesome and has built a great company in Foursquare while Yahoo! is starving for vision and a bold initiative. Second, he will understand…
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This is a post about how a system responds to extreme stress. In this case the system is the US equity markets and the stressor is the 9/11 attacks… On September 10, 2001, the day before the attacks, the SP500 ($SPX, $SPY) closed at 1092 down 435 points or 28% from the March 2000…
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John Bogle screwed a lot of people in the late 90’s and early 2000s with his grandfatherly buy and hold indexing shtick. People were comforted by him and trusted him and loved the idea that it could be that easy. Absurd. Bogle published Common Sense on Mutual Funds in 1999 and was all over…
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I have watched the StockTwits streams closely for a long time and for the most part the behavior of our members is exemplary. In my opinion, there is no wall between real world communites and online communites rather online communites are a convenient and valuable extension of the real world, a part of it, which allows people…
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The screenshot below is from p. 205 of Popular Mechanics circa February, 1913. I thought the story titled Automobile Equipped with Wireless Telephone was incredible. Talk about visionary. I found little on Google about the inventor E.C. Hanson except that he patented a few items including a “radiotelegraph system.”