October 2013

The Infographic That Ate Wall Street

There’s some serious red meat in the below infographic for the low-cost passive crowd to chew on. I’ve probably blogged about most of these stats over the last few years in one form or another but I don’t believe I’ve ever seen them all in one place before… via Micaela Lacy:

The Groupthink Olympics, Fall 2013

Barron’s polled a 135 money managers, large and small, around the country for their cover story this week and the consensus is – hang on to your hats – bullish and cautiously optimistic. The gist of the piece is that there’s nothing else worth buying besides stocks and that next year we should see an…

The Never List

Never sell a service or product that you cannot deliver. Never sell a service or product that the buyer doesn’t absolutely need or love. Be essential or desired, not annoying and unnecessary. Never work for someone who isn’t as smart as you are. Or plan your exit the moment you figure out that you have…

Why Breaking Bad is such a gold mine

I missed Breaking Bad the first time around, I’ve been catching up starting with Seasons 1 and 2 this month on my iPad. I prefer watching some shows this way as opposed to waiting for new episodes and fast-forwarding through commercials. Basically, I pay $14 to iTunes for the season and it’s at my fingertips…

What’s Your Return-on-Running-Back?

The JOBS Act (Just Open Bucket Shops) was a hastily cobbled together re-writing of the investor protection rules that is ostensibly meant to somehow “create jobs” but will more likely result in the systematic ass-raping of sub-120 IQ investors who happen to be in possession of a large sum of money. Under JOBS, high-cost hedge funds,…

Okay, now it’s ’99

Okay, now it’s ’99. Am I kidding? I don’t know. It feels that way and yet it doesn’t. Stocks like Facebook and Google are going bananas but they are insanely profitable companies with billions and billions in real business. Priceline isn’t Webvan. Salesforce.com isn’t Commerce One. Google just ripped through $1000 this morning, as I…