Folks this blog posting is a must read, and I agree with it completely! BTW I did read his book, gave it 5 stars at Amazon, and will be giving another book review via Video podcast. Video podcast you ask? I am thinking of moving my blog into the next century, and do 2-3 minute (more…)
Yet again the Greek boogieman has come out. Greece is going to take down the entire Eurozone. And there are studies on how to kick out a member of the Eurozone. So sell, sell, sell the Euro… Meanwhile, all Eurozone CEO’s are cheering with each and every downtick. They are thinking, “hey we are going (more…)
And yet again a rating agency drops the rating of Greece. After all Greece is a problem yes? Let’s look at what Trichet had to say about this. Comparing the euro zone to the United States in size and diversity, Trichet said that there are always more competitive and less competitive regions. Being part of (more…)
Today on Fast Money I heard the following: I don’t care what the price of Microsoft is right now I want to buy in. This is a clear sign of a bubble. I was talking to a friend and he said, “you know this feels very similar to the dot com bubble.” I completely agreed. (more…)
So I watched the new announcements of the Microsoft Slate and how “everybody” seems to be underwhelmed. Wow, really? Granted it is not that exciting of a topic, but I am not underwhelmed at all. Actually I am glad Microsoft did what they did. They showed a product that actually looks usable and is not (more…)
The tablet form factor is about to get very very interesting. Lenovo just made a bunch of announcements on new devices including a tablet. I looked at the specs of the tablet and have to say I am impressed. But what impresses me even further is the price: Like the Skylight, Lenovo’s asking for $499 (more…)
Patrick in my blog entry on the bubble asked: At times like this would you consider writing puts on stocks you might want to pick up should they retrace 25-50% of the rally? Quick answer: No… Why? Because it costs too much. In addition to my contrarian investment strategy I sell premium. And what I (more…)
I just read the news from WSJ on the iTablet. My wife wants to buy an AirMac, and I have an iPod Touch and am about to buy and iPhone. Recently I had a Powerbook. But I will not be buying an iTablet. Why? Cost! At a 1,000 USD it is simply to expensive as (more…)
I am right now about 72% cash or cash like instruments. When I hear about all of these upgrades and how things are going to get better, and better, and better I just shake my head and say, “folks we are in a bubble.” Yes, yes the market keeps melting up. But I recently did (more…)
Yesterday a business colleague asked me what we here on this side of the pond think of the global warming scandal. You know the one where they over dramatized global warming. I replied, “we are basically not ignoring it because we are experiencing climate change first hand.” Yesterday it started snowing by us in Switzerland. (more…)
