Stock Twits is a tool for searching stock tweets on twitter. It’s a nifty idea and a fine feat of programming (prefixing a ticker symbol with $ indexes the and adds a chart to the tweet.) Cool. Unfortunately, the tool is only as good as the tweets, and from what I’ve seen the tweets [...]
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Nasdaq is letting go of the 15 minute delay on stock quotes listed on its exchange. Google, Yahoo, WSJ, and CNBC will all reportedly be providing Nasdaq’s quotes in real time. So what, big deal, Freerealtime.com has been giving away quotes in real time for a decade. And anyone who really needs instantaneous quotations [...]
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I can’t help it, Crocs cracks me up.
The Wall Street Journal MarketBeat column reports Ski Slope Chart of the Day: Nexcen. I love the ski slop analogy.
If Nexcen is a ski slope chart, then Crocs went extreme skiing right off a cliff and landed in mogul field.
Whenever people ask me about investing in China, which they do a lot, I ask them would they be so willing to invest in a bunch of U.S. companies they know absolutely nothing about? Then why are they so willing to invest in companies they really know nothing, in most cases majority owned by [...]
It’s Fortune magazine, August 2000, Special Investors Issue, Retire Rich
Article: 10 Stocks to Last the Decade
And here’s the list:
Stock
Ticker
Price
P/E
Comment
Broadcom
BRCM
$237
255
Maker of chips used in the next generation of entertainment devices
Charles Schwab
SCH
$36
56
Former discount broker that has grown up along with its boomer clients
Enron
ENE
$73
51
Biggest online broker for coal, oil, and gas; next up — broadband
Genentech
DNA
$150
128
Offers a huge pipeline [...]
Why CFOs Hate Fair Value
The theory of fair value is that a company’s financial statements are most useful to investors if the company’s assets and liabilities are constantly reported at market value. Traditionally, companies reported their assets and liabilities at historic cost—that is, what they paid for them.
Mad Science: A Chinese Cure for Internet Addiction
5 Ways to Go Broke Getting Drunk
When does a shot of scotch cost $3,300? When the bottle’s going for $38,000 and hits $75,000 in a bidding war. Amazing Google capability: Enter ‘number of shots in a liter’ into Google Toolbar and before you hit enter AJAX serves up the answer of 22.5426817 shots, which [...]
The more George Soros talks, the less people care what he thinks.
What the hell really happened to Crocs?
This pretty much says it all:
Harper’s gets it, why didn’t shareholders? In a word: greed.
Sub-notebook PC market
The computer manufacturers are just figuring out that not just 3rd world countries want cheap compact computers. They were slow on the uptake, but are finally getting it. On the success of the ASUS Eee, which lets face it, is really a crappy little computer, they are all rushing to bring out new models. [...]