My News Consumption Secret

News is irrelevant. Out of the approximately 10,000 news stories you have read in the last 12 months, name one that – because you consumed it – allowed you to make a better decision about a serious matter affecting your life, your career or your business. The point is: the consumption of news is irrelevant…

Q1 Earnings Season Kickoff – Here’s What You Should Know

Yes, we’ve seen Q1 earnings reports from Alcoa and JPMorgan this past week, but the real action begins Monday… From my boys at Bespoke: On Monday morning we’ll hear from Citigroup (C) and Charles Schwab (SCHW), while on Tuesday we get reports from Goldman Sachs (GS), Johnson & Johnson (JNJ) and Coca-Cola (KO) in the…

Jeff Bezos: This is why I’m hot

“Amazon, as far as I can tell, is a charitable organization being run by elements of the investment community for the benefit of consumers,” writes one outside observer. But I don’t think so. To me, trying to dole out improvements in a just-in-time fashion would be too clever by half. It would be risky in…

Saturday Night Video: Coachella Live!

Who are we kidding? There’s only one place for video you need to point your browser to this weekend – the Coachella livestream! They’ve got three stages worth of music going beginning at 3:30 PM Pacific Time. Tonight the Postal Service, Hot Chip, Moby and Phoenix take the stage. Tomorrow night we get the Chili…

God is Making Gold Crash to Test Your Faith

(The Procession to Calvary, oil on panel by Pieter Bruegel the Elder) My ambivalence toward gold has been taken for bearishness a lot over the years so allow me to set the record straight: I don’t “hate” gold, I simply don’t care about it as an investor. It is utterly uninteresting to me and gold…