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Clips from Today’s Fast Money
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Let Loose the Dogs of Bore
My friends the full-time financial bloggers are tweeting that they’re bored. Nothing is PLUMMETING, nary an IMPLOSION in sight. The most read on item on preeminent Wall Street tabloid The Business Insider is literally a slideshow of Henry Blodget’s crotch on an airplane. 200,000 page views, do you motherfuckers even have jobs? The celebrity bears,…
Today’s Inspiration: The Mike Williams Story
The incredible story of inventor Mike Williams, who was ruined by the economic bust and an investment scam, lost everything and then got a second chance… “I found out that I was really nothing, and that was very hard for me to grasp; the fact that no one wanted me around,” he says. “I was…
“Risk Finds a Way”
Believe it or not, some of the very best investing blog posts come along on Saturdays and Sundays – during the two days you are less likely to read them, ironically. On the weekends, I have time to think straight and to catch up on lots of stuff to read I’ve been hoarding all week….
Estimize Earnings Consensus: YHOO, AMZN
Earnings.
Hot Links: Biggest Bets
Your morning financial links, expertly curated.
MemeWatch: “Nokia is the new Research In Motion”
All the while, virtually no one is paying any attention.
It’s comforting
Herding and running with the pack is what’s kept most mammalian species alive over the millennia, this is why we’re so apt to engage in it. We are literally hardwired to do what others around us are doing in most cases. There’s nothing inherently wrong with herding – yes it’s true that the zebra who…