Stuff I’m Reading this Morning… Passport Capital makes the case for the agriculture investment theme. (MarketFolly) The unsinkable Whitney Tilson on housing’s non-bottom. (TechTicker) Like the rich kid paying off bullies in school, Goldman is set to give a big charitable donation to deflect our attention from $23 billion in bonuses. Andrew Ross Sorkin has…
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Facebook Suckers in More "Investment" Cash
Is Facebook worth anywhere near $10 billion? Nope! Not even half. They could go public tonight and possibly raise that much, but that valuation would only be temporary. Never mind that, a Russian company was the latest to get rooked by the social media hype machine… From Bloomberg: Facebook Inc., the world’s largest social-networking service, said it…
