After launching in February as the first person-to-person lending site in the US, Prosper.com has seen a good deal of activity. Now that it’s been 6 months since they opened their doors, I used Google Blogsearch to see what people’s experiences were out there in the blogosphere.
Renault saved Nissan in 1999. The partnership now boasts the highest profit margins in the industry. GM took a $10.6 billion plunge last year. Can the powerhouse French / Japanese duo rescue the US’s largest auto maker?
WebWord has a good write up about Professor Feng Li who data mined the annual reports of 34,180 companies with some interesting results. Li counted the number of times words like “risk” and “uncertain” showed up in the reports and compared the data to previous years. Professor Li discovered that a “big jump in words (more…)
Some people are saying that you can track the real estate market by how many new realtors there are signing up. “When everyone thinks they will get rich selling real estate,” they say, “that is when the market will fall.” Charles Turbiville has some advice for people wanting to get into the real estate game (more…)
So what do you do with all of your billions? If you’re Warren Buffet, you give it all away. Warren Buffet has announced that 85% of his holdings in Berkshire Hathaway will be donated to charity in the coming years. With the lion’s share going to The Bill and Melinda Gates Foundation. More can be (more…)
Can you tell I’m happy and proud to be an InvestorGeek? Though I’m one of the new writers here, I have been blogging about investment and finance issues for a while now. Nevertheless, I am excited and looking forward to sharing with you some of my thoughts on investing. Why did I decided to join with the geeks? For that, let’s go back to Wikipedia’s defintion of a geek:
A geek (pronunciation /gi:k/ ) is a person who is fascinated, perhaps obsessively, by obscure or very specific areas of knowledge and imagination.
It’s hip to be geek nowadays! Just look at the varieties we have — music geeks, movie geeks, gaming geeks, singing geeks. Even when I was young, the foundation was being laid out for me to become the InvestorGeek that I am today.
Phil Town took an email recently about naked put options. A Rule #1 reader was trying use naked puts to make a little extra money while he waited for a stock to fall to a reasonable MOS (margin of safety) price. It’s an interesting tactic, and Phil has a great response.
Trading strategies are great, but a more pressing issue for me was how this article got me thinking about these so-called naked options. Why are they “naked”?
According to the latest stats, American home prices are still on the rise – in most major markets across the nation.
The National Association of Realtors published a median increase of 4.2% from 1/06 to 4/06. Compare this figure to the published 16.6% last year.
Although prices appear to be leveling off, many economists don’t predict a sour turn for the worst.
I just wanted to thank everyone who submitted applications to become an InvestorGeek last week. We’ve had some great candidates apply and we’re looking forward to great new members! We’ve been reviewing the applications and will be contacting contributers as we decide on them. In the meantime look for new content from us all this (more…)
First, we’d like to apologize to all our readers for the relatively light week, it’s been a crazy 7 days for us. We’d also like to thank those who have already submitted complete applications. Don’t worry for those still thinking about it, there is no preference or penalty based on when you submit an application (more…)