pyramid schemes

via Eric Peters of Peters Capital Group:  “Is it right for you to be angry?” asked the Lord. And Jonah considered the question. Reflecting on his struggle. His defiance, his three days in the whale, his salvation, his journey to Nineveh, and his warning to its inhabitants. Who duly repented, changed their ways, and were shown…

How Big is the Movie Market in Asia?

Don’t be surprised if Hollywood studios start producing films with actors speaking Mandarin or Korean and the subtitles in English. Because opening a film big in Asia is the meal ticket now. Enough so that a piece of excrement like Transformers 4: The Death of Shia’s Character can gross a billion dollars in four weeks. TMZ…

10 things you should know about Ace Greenberg

Alan C. Greenberg at his desk at Bear Stearns in 1980, two years after he became chief executive. Photo credit: Fred R. Conrad/The New York Times I was down on the floor of the NYSE on Friday as news broke of the passing of Alan “Ace” Greenberg, the former Chairman of Bear Stearns and one…

Technology Must-Reads

This was a huge week for technology earnings reports. I’m catching up on some tech industry reading this weekend, including the below few links: It appears to open season on Amazon as rivals come charging at its cloud business.  (WSJ) Why Doesn’t Facebook Want to Brag About Its Billion-Dollar App Ad Business? (Recode) The Barron’s cover…

This Week on TRB

Cartoon via Dilbert.com These were the most read posts on TRB this week, in case you missed them: Biggie Smalls Chart o’ the Day: Omega Advisors vs the S&P 500 “What have you done for me lately?” Dr. Pearlman’s Opus Seven Truths Investors Simply Cannot Accept (Yahoo Finance)